UniCredit CEO Ghizzoni: Counting on eastern growth

People ♦ Published: November 10, 2010; 14:15 ♦ (Vindobona)

The eastern business should be expanded, says Ghizzoni, CEO of the parent company of Bank Austria.

UniCredit CEO Ghizzoni: Counting on eastern growth / Picture: © UniCredit Banca

The banking business in the CEE region will grow strongly, something  the CEO of UniCredit Group is convinced about. Media reports from Italy, according to which the bank would reduce its Eastern European presence, are denied by Ghizzoni. "That's absolutely not true. On the contrary, we intend to increase our turnover there". Bank Austria is the eastern European holding for the…