UniCredit Bank Russia Performance and Finance

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Vintage Bank Building in Kuznetsk in Russia
Credit: pexels.com, Vintage Bank Building in Kuznetsk in Russia

The bank has a strong presence in Russia, with a network of over 100 branches and a wide range of financial services.

UniCredit Bank Russia has a significant market share in the Russian banking sector, with a total asset base of over 1.5 trillion rubles.

The bank's performance has been impressive, with a return on equity (ROE) of over 15% in recent years.

UniCredit Bank Russia has a solid financial foundation, with a capital adequacy ratio of over 14% and a non-performing loan ratio of less than 3%.

UCI Russia's Financial Performance

UniCredit Bank Russia's financial performance has been impressive, with a net profit of 7.6 billion rubles in 2019.

The bank's assets grew by 15% in 2019, reaching 1.3 trillion rubles.

UniCredit Bank Russia has a strong capital base, with a capital adequacy ratio of 14.8% in 2019.

The bank's return on equity (ROE) was 12.8% in 2019, indicating a good return on shareholders' investments.

UniCredit Bank Russia has a large network of branches, with over 200 locations across Russia.

The bank's customer base is diverse, with over 5 million individual customers and 100,000 corporate clients.

UniCredit Bank Russia offers a wide range of financial products and services, including loans, deposits, and investment products.

Intriguing read: Unicredit Group

Finance

Credit: youtube.com, ECB to direct unicredit to cut Russia | Global Investors News

UniCredit Bank Russia has been growing its revenues and assets by 1.45% and 8.63% a year on average over the last decade.

The bank's loans and deposits have seen significant growth, increasing by 8.01% and 15.1% per year, respectively, during the same period.

Loans to deposits ratio reached 85.0% at the end of 2018, indicating a substantial reliance on lending activities.

The company has achieved an impressive average return on equity of 13.4% over the last decade, showing its ability to generate profits from shareholder investments.

Net profit has grown by 4.32% per year on average, demonstrating a steady increase in the bank's financial performance.

UniCredit Bank Russia's operating efficiency has been mixed, with a cost to income ratio of 38.6% in 2018, compared to a lower average of 32.0% over the last decade.

Equity represented 14.4% of total assets at the end of 2018, indicating a relatively modest level of shareholder investment in the bank's overall assets.

Non-performing loans accounted for 7.02% of total loans at the end of 2018, with provisions covering a substantial 87.1% of these problem loans.

For another approach, see: Bank Deposits down

Performance Indicators

Credit: youtube.com, UniCredit CEO: The strategy on Russia is unchanged

In 2010, UniCredit Bank Russia's share in the Russian lending market was 2.18%. The bank's presence in the market was relatively small at that time.

As of 2011, the bank's share in the deposit market was 1.36%. This indicates that the bank was still building its customer base.

In the spring of 2011, the bank employed a total of 3.7 thousand people. This is a significant number of staff for a bank of its size.

By the end of 2011, UniCredit Bank Russia had reported its financial indicators in accordance with International Financial Reporting Standards (IFRS).

Frequently Asked Questions

Which country uses UniCredit?

UniCredit operates in 14 European countries, including Italy, Germany, and Turkey, among others. Explore our global presence to learn more about our services and reach.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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