UniCredit Bank AG

 (4.0; 13 ratings)
4.0 13

Business Focus

universal banking

UniCredit Group is one of the largest European banking groups focused on providing financial products and services in Western and Central and Eastern Europe. UniCredit Group has four main business lines: commercial banking (including retail, direct, private and business banking), corporate and investment banking, asset management and asset gathering. UniCredit Bank AG started its operations in Germany in 1869 under the name "Bayerische Vereinsbank AG". Since 2005, the bank has been part of UniCredit Group and now operates as HypoVereinsbank AG. HypoVereinsbank AG offers its products and services in the areas of retail, private, corporate and investment banking.

Services

retail banking
private banking
corporate banking

Area Served

DEGermany

Products

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of UniCredit Bank AG can be done in a few steps:

1.
Submit online application
2.
Visit bank branch


Due to regulatory requirements UniCredit Bank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual UniCredit Bank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients UniCredit Bank AG will ask to provide corporate documentation as well as information about controlling persons. UniCredit Bank AG may request additional documentation or information depending on the case. UniCredit Bank AG performs client's identity verification via branch visit.

Ways to Bank

UniCredit Bank AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of UniCredit Bank AG
Net_income of UniCredit Bank AG
Market Share of UniCredit Bank AG
Total Assets (2018)
260.28 bln EUR  (-1.12%)
Net Income (2018)
520.00 mln EUR  (-60.00%)

UniCredit Bank AG is the 4th largest bank in Germany in terms of total assets. In 2018 its total assets were 260,28 bln EUR, providing the bank with the market share of 3.66%. In 2018 the bank's net income was 520,00 mln EUR.

Credit Ratings

Fitch: BBB
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

UniCredit Bank AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

UniCredit Bank AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. UniCredit Bank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Member of Group

 UniCredit (Italy)

UniCredit Bank AG is a member of UniCredit (Italy).

Contacts

Arabellastraße 12, 81925, München, Germany
89 378 0

UniCredit Bank AG is headquartered in München.

Bank Identifiers

BIC (SWIFT)
HYVEDEMMXXX
LEI
2ZCNRR8UK83OBTEK2170
MFI ID
DE00008

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