Chief executive Andrea Orcel has made it clear that Central and Eastern Europe remains at the heart of UniCredit, not least through the purchase of Greek lender Alpha Bank’s Romanian operations last year.
This was the Italian group’s most important acquisition anywhere for many years and an important milestone for Orcel, who became CEO in 2021.
Crucially, the strategy is also about making sure the various bits of the group are better-connected, including CEE countries.
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