GENERAL MEETING DRAFT - Bankier.pl

CENTRAL AND EASTERN EUROPE
UniCredit Group is market leader in Central and Eastern Europe,
where it is one of the largest banking players, with a broad network
of roughly 4,000 branches.
The Group has a long history in this region, which accounts
for nearly half of all its employees. It is thus well positioned
to benefit from the process of economic convergence
that is generating higher living standards and a better
business environment in these countries, 10 of which
are already EU members and will adopt the euro in the
coming years.
The CEE economies – which also include two of
the five largest emerging markets in the world,
Russia and Turkey, and one of the EU’s most stable
and promising markets, Poland - currently account
for a share of the world economy similar in size
to Germany or China. This is particularly impressive
considering that their combined economies amounted
to roughly half the size of the German economy only a
decade ago.
The Group’s footprint in this dynamic region is well diversified,
with a direct presence in 19 countries. It ranks among the top 10
players in 17 countries and among the top five in 10 countries.
The CEE now accounts for 13.7 percent of the Group total loans.
UniCredit Group has a proven track record of successfully integrating
local CEE banks. Its market position in the CEE provides the local
banks with substantial competitive advantages, including strong brand
recognition, access to international markets, the sharing of best practices,
and significant economies of scale. Furthermore, the Group’s diversified
portfolio in this region enables modular growth and increases market
penetration p for its global g pproduct
factories.
3. Market Share in terms of Total Assets as at December 31, 2009.
* as at September 30, 2009.
Source: UniCredit Research, UniCredit CEE Strategic Analysis
20.1
16.3
MARKET SHARE ON CEE 3 (%)
8.1
5.9
UniCredit Group · 2009 Consolidated Reports and Accounts
15
1.5
1.5
1.7
Estonia
Lithuania*
Latvia
1.8 Russia
5.8 Hungary
Ukraine
6.0 Slovakia
6.1 Romania
6.4 Slovenia
Turkey
12.3 Poland
Czech Republic
9.3 Kazakhstan
Bulgaria
Bosnia and
Herzegovina
24.7 Croatia
6.3
6.5
Serbia