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.
Becoming a client of UniCredit Bank AG can be done in a few steps:
UniCredit Bank AG performs client's identity verification via branch visit.
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.
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).
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.
UniCredit Bank AG is a member of UniCredit (Italy).
UniCredit Bank AG is headquartered in München.