Sponsored Content
Bank Austria: Major Investment at Russian Subsidiary
UniCredit Group increases the equity base of the Russian subsidiary.
Bank Austria: Major Investment at Russian Subsidiary / Picture: © UniCredit Banca
Bank Austria, which is the sole owner of UniCredit Russia, increases the equity base by € 250m. Thus, the equity base will rise from € 250m to € 1.0bn. Bank Austria purchased about 600,000 new shares of UniCredit Russia.
The date for the capital increase has not been fixed yet. The Russian Central Bank must approve the deal together with the Italian Financial Market…
or Log In
Fast News Search