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In the CEE market UniCredit Group is market leader by a wide margin, with total assets more than double the figure for the nearest competitor. The Group has an extensive market presence in the region.
BA-CA’s banking subsidiaries in the new perimeter have combined average risk-weighted assets of € 41 bn. 39,000 employees in more than 1,800 branches serve some 18 million customers. The pro-forma profit before tax of these operations in 2006 exceeded € 1 bn. Compared with the previous scope of consolidation (2006 as reported, including Bank BPH and HVB Splitska banka, which were not part of the group of consolidated companies for the full financial year), average risk-weighted assets are 80% higher; profits – operating profit, profit before tax and net profit – are about 50% higher than for the old structure.
Leading positions in many countries:
The CEE subsidiaries are among the leading banks in most CEE countries. In this context, the varying degrees of concentration of the banking sector and the size of the individual countries should be taken into account. Measured by total assets, we are among the top five banks in eight countries, and in three of them – Croatia, Bulgaria, and Bosnia and Herzegovina – we rank first. On a pro-forma basis, the market share is highest in Bosnia and Herzegovina with about one quarter, followed by Croatia (23%) and Bulgaria (20%). In CEE countries which are EU members, our market share is between 6% and 9%. In Turkey it is over 10%; the market share in Russia is below 2%, though in a very large market and currently still based on a specialised structure.