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UniCredit Bank Czech Republic

UniCredit Bank Czech Republic and Slovakia
Subsidiary
Industry Financial services
Predecessor
Founded
  • 1 October 2006 (2006-10-01) (first merger)
  • 1 December 2013 (2013-12-01) (second merger)
Headquarters 1525/1 Želetavská, Prague, Czech Republic
Area served
Czech Republic and Slovakia
Services
Profit IncreaseCZK5.640 billion (2015)
Total assets Increase CZK570.284 billion (2015)
Total equity Increase CZK61.506 billion (2015)
Owner UniCredit S.p.A. (99.96%)
Capital ratio 14.17% (Group CET1 ratio)
Website www.unicreditbank.cz
Footnotes / references
in a consolidated basis (including minority interests); in IFRS

UniCredit Bank Czech Republic and Slovakia a.s., is a Czech and Slovak bank based in Prague, the capital of the Czech Republic. The bank was a subsidiary of Italy-based UniCredit Group for 99.96% stake.

UniCredit Bank Czech Republic and Slovakia a.s. was founded on 1 December 2013 by UniCredit Bank Czech Republic a.s. absorbed Slovak sister company UniCredit Bank Slovakia a.s.. UniCredit Bank Czech Republic itself was founded on 1 October 2006 by the merger of HVB Bank Czech Republic a.s. and Živnostenská banka a.s..

The parent company of HVB Bank Czech Republic, German bank HypoVereinsbank (HVB) was acquired by UniCredit Group in 2005. HypoVereinsbank's subsidiary, Bank Austria (aka UniCredit Bank Austria), was the direct parent company of UniCredit Bank Czech Republic and Slovakia until September 2016. In September 2016 UniCredit S.p.A., the ultimate parent company, acquired the whole Central and Eastern Europe division from subsidiary Bank Austria.


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