UniCredit S.P.A. Is A Milan-based Bank With Operations In 19 Countries And More Than 28 Million Users, Making It One Of The Largest Banking Groups In Europe. UniCredit S.P.A.'s Core Business Is Mainly Distributed In Wealthier Regions Such As Italy, Austria And Southern Germany, And It Also Has A Large Presence In Central And Eastern Europe. UniCredit, Which Has 910 Billion Euros In Assets, Has Become The Largest Banking Group In The Euro Area, The Third Largest In Europe And The Sixth Largest In The World. UniCredit Group Has A Large Investment Banking Business In Frankfurt And Munich. "UniCredit Bank" Is The Only Chinese Translation Of Unicredit SpA, Which Does Not Use "UniCredit Bank" As Its Chinese Name.
History
It Was Formed In 1998 By The Merger Of Several Banks. In June 2005, UniCredit S.P.A. Announced The Acquisition Of Germany's Second Largest Bank, HypoVereinsbank AG, For 15.10 Billion Euros.
In May 2007, UniCredit Announced The Merger Of Capitalia Gruppo Bacario To Form UniCredit S.P.A.
The Libyan Government Is The Largest Shareholder Of UniCredit S.P.A., Holding About 7.5% Of The Bank.
