Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

From the beginning of 2024, clients of Komerční banka, Moneta Money Bank, Air Bank and UniCredit Bank will gradually be able to deposit money in the shared ATM network under the same conditions as at their own bank’s facilities. The banks announced this in a joint statement on Thursday. This is the next step in … Read more

Unicredit Group Announces Merger of Unicredit Bank Slovenia with Unicredit Bank Austria

Unicredit Group Announces Merger of Unicredit Bank Slovenia with Unicredit Bank Austria

The listed Unicredit Group wants to merge Unicredit Bank Slovenia with Unicredit Bank Austria. In the course of the merger, the Slovenian entity is to become a branch of Wiener Bank Austria. As announced in a broadcast, the group has started examining a merger. An evaluation plan is to be submitted to the committees and … Read more

Austrian Raiffeisenbank International considers sale or spin-off of Russian business: Who will buy and gain Kremlin approval?

Austrian Raiffeisenbank International considers sale or spin-off of Russian business: Who will buy and gain Kremlin approval?

EFinally the Austrian Raiffeisenbank International (RBI) is going on the offensive. The pressure from the public and the shareholders, which was built up primarily by Ukraine and most recently also by the European Central Bank, was too strong. The bank may part with its business in Russia. Now RBI boss Johann Strobl gave in to … Read more

Credit Agricole joins forces with Banco BPM on insurance

Credit Agricole joins forces with Banco BPM on insurance

Banca Popolare di Milano (BPM) Credit Agricole joined Banco BPM in the spring and now owns 9.18% of Italy’s third largest bank. (Photo: Reuters) Paris/Rom The large French bank Credit Agricole is approaching the insurance business with the Italian Banco BPM. The deal involves the supply of property insurance products and related services through BBPM’s … Read more