UniCredit Bank Czech Republic and Slovakia a.s., is a Czech and Slovak bank based in Prague, the capital of the Czech Republic. The bank was a subsidiary of Italy-based

UniCredit Group UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was fo ...

for 99.96% stake.

History

UniCredit Bank Czech Republic and Slovakia a.s. was founded on 1 December 2013 by UniCredit Bank Czech Republic a.s. absorbed Slovak sister company UniCredit Bank Slovakia a.s. UniCredit Bank Czech Republic itself was founded on 1 October 2006 by the merger of HVB Bank Czech Republic a.s. and Živnostenská banka a.s. The parent company of HVB Bank Czech Republic, German bank

HypoVereinsbank UniCredit Bank AG, better known under its brand name HypoVereinsbank (HVB), is the fifth-largest of the German financial institutions, ranked according to its total assets, and the fourth-largest bank in Germany according to the number of its e ...

(HVB) was acquired by

in 2005. HypoVereinsbank's subsidiary,

Bank Austria UniCredit Bank Austria AG, branded and widely referred to as Bank Austria, is an Austrian bank, 96.35% owned by Milan-based UniCredit. It was formed in 1991 by merger of Vienna's Länderbank and Zentralsparkasse, acquired Creditanstalt-Bankverei ...

(aka UniCredit Bank Austria), was the direct parent company of UniCredit Bank Czech Republic and Slovakia until September 2016. In September 2016 UniCredit S.p.A., the ultimate parent company, acquired the whole Central and Eastern Europe division from subsidiary Bank Austria.

References

External links

* Banks of the Czech Republic Banks of Slovakia UniCredit subsidiaries Companies based in Prague Banks established in 2006 Czech companies established in 2006 Czech companies established in 2013 Banks established in 2013 {{Euro-bank-stub