UniCredit Named Best Sub-Custodian Bank in CEE
OREANDA-NEWS. July 14, 2010. In its World’s Best Sub-Custodian Banks 2010 survey, Global Finance magazine awarded UniCredit Group for its achievements in Central and Eastern Europe. The US-based financial magazine selected UniCredit as Best Sub-Custodian Bank in Central and Eastern Europe. Furthermore, UniCredit scores number one in Austria and Croatia, reported the press-centre of UniCredit Group.
The recent success with Global Finance is the latest of a series of top ratings attributed by the media to the Investors Service’s product line of UniCredit this year, with number one positions achieved in the surveys of Global Custodian and Global Investor earlier this year. “We have made it to the top in each possible custody survey this year, underpinning UniCredit Group’s leading role as a reliable expert for post-trade procedures”, commented Attila Szalay-Berzeviczy, Global Head of UniCredit Group’s Global Securities Services.
UniCredit Group’s Global Securities Services operates in 14 Central and Eastern European countries (including Austria) via UniCredit’s own banking network. It is the biggest provider of securities safekeeping services in the region, for assets under management, for market share as well as for the size of its regional network.
The Group has been active in this business since beginning of the 1990’s, always having played a pioneer role in the development of the securities markets of the region. The team consists of 230 industry experts across Central and Eastern Europe.
About UniCredit
UniCredit Group is a major international financial institution with strong roots in 22 European countries and an international network present in approximately 50 markets, with 9,800 branches, and more than 165,000 employees as of 31 December 2009
In the CEE region, UniCredit Group operates the largest international banking network with around 4,000 branches.
The Group operates in the following countries: Austria Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Germany, Hungary, Italy, Latvia, Lithuania, Kazakhstan, Kyrgyzstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine.
UniCredit’s Corporate & Investment Banking gives companies, from small and medium Corporates to multinationals and institutional clients, access to the largest network of banks in Central and Eastern Europe, as well as to branches in major financial centers worldwide. The successful collaboration between our network’s relationship managers and specialists in our product lines (Financing & Advisory, Markets, Leasing, Global Transaction Banking) enables UniCredit to respond promptly to our clients’ entrepreneurial requirements. Thus, UniCredit supports the growth and internationalization of the Group’s corporate and institutional clients, creating sustainable value for all stakeholders.
Global Transaction Banking of UniCredit combines the local expertise of more than 2,000 professionals with the experience of a sophisticated global transaction bank, offering a diverse and proven set of core competencies in the fields of Cash Management and eBanking, Trade Finance, Supply Chain Management, Structured Trade and Export Finance and Global Securities Services. UniCredit Group is the largest transaction bank in the heart of Europe. Many international awards demonstrate this. Thanks to an international network comprising more than 10,200 branches in 22 countries plus 4,000 correspondent banks in 50 countries around the globe, UniCredit Group serves more than 400,000 corporate customers worldwide.
January 23, 2008 UniCredit Group finalized the acquisition of 94.2% of total shareholders capital of Ukrsotsbank from the group of investors, represented by International Consulting Company EastOne (shareholders’ seller), through Bank Austria which is a part of the Group and is responsible for commercial banking activities in CEE.
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