unicredit group at a glance - szczecin.eu · source: unicredit cee research. data as of end 2006,...
TRANSCRIPT
UniCredit Group at a glance
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Contents
the fi rst truly european bank
the geographic presence
the uniCredit Group’s history
the business model
the divisions
Values and identity
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The fi rst truly European
bank2[ ]
The UniCredit Group is one of the largest fi nancial services organizations in Europe in terms of size and profi tability
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Profit before tax2 (e bn)
UniCredit Group 9.7
bNP Paribas 10.6
Deutsche bank 8.2
SCH 9.2
Crédit agricole 10.7
Société Générale 8.1
bbVa 7.6
intesa SP3 6.0
iNG4 5.6
fortis4 3.9
At home in 23 countries
market Value1 by ComPaNy (e bn)
75.9UniCredit Group
85.7SCH
iNG 57.6
intesa SP 67.1
bNP Paribas 65.8
bbVa 57.5
Société Générale 45.3
fortis 37.5
Deutsche bank 44.2
Crédit agricole 37.5
Employees: over 170,000
Customers: over 40 million
Branches: over 9,000
1. Figures as of 31 December 2007.2. Figures as of 31 December 2006.
3. Banca Intesa and SanPaolo-IMI figures are pro-forma.4. Banking Division only.
total reVeNueS2 (e bn)
Deutsche bank 28.3
Crédit agricole 29.1
bNP Paribas 27.9
UniCredit Group 23.4
SCH 22.6
Société Générale 22.4
intesa SP3 18.5
iNG4 14.2
fortis4 10.3
bbVa 13.7
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We are an international network spanning 50 countries
The geographic presence
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10
47
17
18
8
8.8
7.1
17.1
37.4
15.214.4
Employee distribution by nationality3 (%)
Revenue by region1 (%)
1. Data as of end 2006.referred to uniCredit Group + Capitalia + atf bank (combined pro-forma).
2. including Poland.
3. Source: internal figures as of June 2007 (including Capitalia).
italy
italy
Germany
PolandGermany
turkey
austria
other
other
Cee2
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We are an international network spanning 50 countriesaustria
Countries in which the uniCredit Group operates via its own branches, representative offices, small banking subsidiaries, or investment centers (Pioneer).
Countries where the uniCredit Group has banking subsidiaries or banks in which it has a significant equity interest.
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Unique strategicpositioning in Europe
the uniCredit Group has a leading position in one of the wealthiest areas in europe, Italy, Germany and Austria, countries with high per capita income.
Per CaPita GDP1 (%)
With a 16% market shareItaly 107.3 N° 2
With a 5% market shareGermany 119.7 N° 3
With a 19% market shareAustria 132.9 N° 1
eu27 100%
1. Source: Eurostat. Data as of end 2006.
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Leader in markets with the fastest growth rates
the uniCredit Group is the leader in Central and Eastern Europe, an area featuring rapid economic growth rates. the uniCredit Group has a significant competitive edge in terms of total assets, revenues, and number of branches.
market SHare (%)
23.5
18.8
18.6
20.8
Croatia
Poland
Bulgaria
Bosnia-Herzegovina
Hungary
Russia
Baltic Countries
Serbia
5.6
1.8
1.7
4.6
Slovakia
Czech Republic
Slovenia
Kazakhstan
Ukraine
Turkey
Romania
10.8
10.1
6.4
9.8
6.2
10.2
6.8
total aSSetS (e bn)
reVeNue (e mn)
braNCHeS
UniCredit Group
2nd ranked group
109
62
UniCredit Group
2nd ranked group
5,386
2,976
UniCredit Group
2nd ranked group
3,654
2,848
Source: UniCredit CEE Research.Data as of end 2006, pro-forma including mergers and acquisitions through May 2007.
N° 1
TOP 5
TOP 10
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The UniCredit Group’s history
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the uniCredit Group’s origins date back over five centuries to the establishment of rolo banca in 1473, when monte di Pietà, a public institute providing secured loans, was created in bologna.
more recently, the uniCredit Group was the result of the merger of nine italian banks, and the mergers with HVb Group in Germany and austria and Capitalia Group in italy.
in 1999, the then uniCredito italiano began the process of expanding into Central and eastern europe with the acquisition of bank Pekao in Poland.
in the following years growth continued with the acquisition of Pioneer investments Group, the establishment of Pioneer Global asset management and strategic acquisitions in bulgaria, Slovakia, Croatia, romania, the Czech republic and turkey.
in 2003 uniCredito italiano completed the S3 reorganization project with the establishment in italy of three banks dedicated to individual market segments - uniCredit banca, uniCredit banca d’impresa and uniCredit Private banking - and with the creation of the New europe Division.
With this reorganization, the uniCredit Group became the first bank in italy to adopt a divisional business model.
in 2005, the uniCredit Group merged with HVb Group, which was created in 1998 from two bavarian banks, bayerische Vereinsbank and bayerische Hypotheken-und Wechsel-bank. this merger resulted in a single, large european bank.
the integration with HVb Group, which strength was based on its merger in 2000 with bank austria Creditanstalt and its
local presence in many areas of the Cee, enabled the uniCredit Group to achieve further growth and to support its mission to become the first truly european bank.
this integration has resulted in the strengthening of the uniCredit Group’s presence in Cee countries where the uniCredit Group had previously made investments and the entry into new countries in the region: Hungary, bosnia Herzegovina, Slovenia, Serbia, russia and the baltic Countries.
in 2007, as a result of a merger with the Capitalia Group (italy’s third largest banking Group), the uniCredit Group strengthened its position in italy, one of its most important markets.
Capitalia was formed in 2002 from the integration of two pre-existing entities, the bancaroma Group (which in turn was the
result of the merger of several of rome’s oldest banks: banco di Santo Spirito, Cassa di risparmio di roma and banco di roma) and the bipop-Carire Group.
through the merger with Capitalia the uniCredit Group includes also banco di Sicilia, one of italy’s oldest banks, which has a strong presence in southern italy, mCC (formerly medioCredito Centrale) and fineco Group, the largest direct bank and online broker in italy.
in 2007 the uniCredit Group strengthened its presence in the Cee with an expansion into the ukraine, and it has pushed into Central asia with acquisitions in kazakhstan, tajikistan and kyrgyzstan.
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CreDito italiaNorolo baNCa
CariVeroNa baNCabaNCa Crt
CaSSamarCaCaritro
CaSSa Di riSParmio Di trieSte
baNCa Dell’umbriaCaSSa Di riSParmio Di CarPi
CaSSa Di riSParmio Di romabaNCo Di SaNto SPirito
baNCo Di romaMEDIOCREDITO CENTRALE
BANCO DI SICILIA
GRUPPO BIPOP-CARIRE
bayeriSCHe VereiNSbaNkbayeriSCHe HyPotHekeN
WeCHSel-baNk
1473 - 1998 20072005
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• Global business lines – retail, Corporate, Private banking, investment banking and asset management – characterized by service models aimed at maximizing customer satisfaction
• Specialized product factories on global scale: consumer credit, mortgages and leasing
• Centralization of support services to all
the uniCredit Group’s divisions: iCt and back office activities
• multi-local approach: local banks responsible for running the branch network and relationships with customers
The business model
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The UniCredit Group adopted a divisional business model in order to maximize the potential of its branch network and leverage growth opportunities.
The model is based on four pillars:
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sectors have been grouped together.
the management Committee is a think tank that supports the Ceo in matters of strategic importance.
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in order to improve synergies between divisions, increase the speed of implementing service models and foster ongoing innovation, the uniCredit Group has
adopted an organizational structure consisting of three management and coordination areas that are assigned to three Deputy Ceos. Divisions operating in similar business
AssetManagement
Division
Poland’s Markets Division
Retail Division
CEE Division
Private Banking Division
Corporate Division
MIB Division
DEPUTY CEODEPUTY CEO
Household Financing
Group ICT
Group Organization & Logistic
Banking Services
GBSCEE
CEO
MANAGEMENT COMMITTEE
DEPUTY CEO
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The Divisions
the asset management Division is known for its Pioneer investments brand which is a global player dedicated to growing and protecting customer assets, and it is the uniCredit Group’s asset management specialist.
as the partner of leading financial institutions worldwide, the asset management Division is able to offer a complete range of innovative financial solutions, including mutual funds, hedge funds, asset management, institutional portfolios and structured products.
the Poland’s markets Division coordinates banking operations in the Polish and ukrainian markets.
the Division establishes strategic guidelines to maximize the creation of value by consolidating the uniCredit Group’s leading position in this market and through the development of marketing and distribution.
the retail Division coordinates the uniCredit Group’s retail banking operations in austria, Germany and italy. the Division offers households and small businesses a complete range of high-quality, reliable products and services with the best price/quality ratio. its main goal is customer satisfaction, which is constantly monitored using advanced tools, and forms an integral part of the corporate culture and the basis of the internal incentive system.
the Cee Division is responsible for developing banking operations in the Cee region by directing, supporting and monitoring the development of local banks with a special focus on the unique nature of individual markets. to achieve these goals, the Division relies on the distribution of the best practices developed within the uniCredit Group, which, combined with a strong knowledge of local markets, allows the uniCredit Group to offer customers state-of-the-art products and services. from an operational standpoint, the Division coordinates Cee banks through the sub-holding company, bank-austria.
ASSET MANAGEMENT DIVISION
RETAIL DIVISION
CENTRAL AND EASTERN EUROPE DIVISION
POLAND’S MARKETS DIVISION
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Household financing is responsible for coordinating mortgages and consumer credit for the entire uniCredit Group with the goal of providing all markets in which the uniCredit Group operates the advantage of having a single global product factory that leverages the volume and in-house skills of an international group.
With an extensive branch network in austria, Germany and italy and a strong presence in emerging countries, the Corporate Division interacts with companies by emphasizing its proximity to customers.
the service model varies by segment. this allows the Division to meet the needs of companies with effective, customised solutions by rapidly evaluating the needs of an individual company, its growth potential and the markets in which it operates.
Within the Division there are two global business lines that serve the entire Group:• UniCredit Global Leasing: Europe’s
largest player with a branch network covering more than 20 countries, and the goal of capitalizing on opportunities in the sector.
• Global Financial Services: this unit is able to offer innovative support to local sales networks in the trade finance and cash management areas.
the markets & investment banking Division is the competence center for global financial markets and investment banking services. it combines placement power with in-depth structuring know-how in major markets as well as in the fast growing emerging markets. besides head offices in london, munich, milan and Vienna, the division is present in all global financial centers including New york, Hong kong and Singapore.
the Division has a cutting-edge position as a Structured finance house in Germany, where it is also leader in equity Derivatives and Jumbo Covered bonds. in italy, it is a leading player in financial risk management, has a top ranked position in the syndicated loan market, and also plays a key role in the equity Capital markets. in austria, it is the top fx bank and has a leading position in equity and Debt Capital markets.
the Private banking Division is dedicated to serving high-net-worth households, entrepreneurs and professionals. the Division’s goal is to become their trusted intermediary by providing consulting services with a high added value through a combination of the uniCredit Group’s international experience and the historical relationships maintained locally by a highly professional private banker network.
the Division’s strength lies in its ability to provide an integrated approach aimed at protecting and growing assets with the goal of maximizing all components of principal through a broad range of financial and other services while ensuring confidentiality, expertise, innovation skills, customised solutions and quality service.
Global banking Services acts as the uniCredit Group’s preferred supplier for a broad range of services supporting the business divisions’ operations including back office, loan recovery, iCt services, purchasing, insurance brokerage, property management, securities custody and settlements. through its “global service factories”, it provides strategic support for the sustainable growth of the uniCredit Group’s operations by adding value and ensuring the highest quality of services offered.
HOUSEHOLD FINANCING
MARKETS & INVESTMENT BANKING DIVISION
PRIVATE BANKING DIVISION
GLOBAL BANKING SERVICES
CORPORATE DIVISION
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Values and identity
for the uniCredit Group, generating profit is an essential, but not sufficient, condition for ensuring the success and growth over time.to ensure the sustainability of profits, the latter must be pursued with integrity thereby building our reputation both internally and externally.
the Group created the Integrity Charter to reflect the shared values that serve as the basis for our identity and made up of six basic pillars: fairness, transparency, respect, reciprocity, freedom to act and trust. these values provide a reference framework on which our behavior is based, also provide support when faced with dilemmas, which cannot be managed with rote procedures and automated command and control systems.
the integrity Charter is a living tool as it is designed to develop over time in line with the Group’s evolution and also thanks to a continuous listening aimed at promoting diversity.
our desire to apply the integrity Charter is reflected in numerous ways ensuring that major corporate processes are consistent with our values.
our commitment to the values of the integrity Charter can be seen through our innovative Restorative Justice system. uniCredit created this system to emphasize its strong commitment to the values expressed in the integrity Charter.its goal is to promote individual responsibility, and it is based on voluntary forms of reconciliation between parties aimed at mending relationships - between colleagues or between colleagues and Group companies - that have been damaged due to behaviour deemed to be inconsistent or in potential conflict with the values of the Charter.
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Corporate social responsibilitythe uniCredit Group is committed to ensuring the highest standards of social responsibility. in this respect, we have taken several steps to achieve this goal.
We invest in our people through professional growth and training programs, constant communication and continual dialogue in the same manner that we invest in the service quality provided to our customers and suppliers.
our commitment calls for a constant involvement in the local communities in which we live and work in addition to promoting dialogue.
We recognize that, although our operations are not of an industrial nature, they still have an impact on the environment, and thus, we have adopted an environmental policy with a heavy focus on areas of “direct” environmental impact (power and paper consumption and waste production) and areas with an “indirect” impact caused by actions we can influence (credit policies, financial products, project financing and suppliers).
our visual arts program, which is aimed at promoting young talent, is active and far-reaching: it encompasses a world famous collection consisting of over 50,000 works of art, a partnership with several modern art museums and funding for research. We maintain long-term relationships with musical organizations in italy, Germany and austria.
Our Values
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Trust Fairness
Freedom to act
Transparency
Reciprocity Respect
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Via San Protaso, 320121 Milan - ItalyTel +39 02 88 [email protected]
Kardinal-Faulhaber-Straße, 180333 München - GermanyTel +49 (0) 89378-0 [email protected]
1010 ViennaSchottengasse 6-8 - AustriaTel +43 (0) [email protected]
uniCredit S.p.a. HypoVereinsbank bank austria aGConTACTs
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