BRIEF: For the fiscal year ended 31 December 2012, UniCredit SpA interest income decreased 6% to EUR14.29B. Net interest income after loan loss provision decreased 51% to EUR4.67B. Net income before extraordinary items totaled EUR1.47B vs. loss of EUR7.79B. Net interest income after loan loss provision reflects Corporate & Investment Banking segment decrease from EUR5.14B to EUR0K, Retail - Italy segment decrease from EUR3.91B to EUR0K.
FY'04 Q's are RES for the change in GAAP. 05/2009, Stock Dividend, 29 new shares for every 159 shares held (Ordinary Shares). 05/2009, Stock Dividend, 7 new shares for every 60 shares held (Saving Shares). 01/2010, Rights Issue, 3 new new shares for every 20 shares held @ EUR 1.59 (Factor: 1.04738).
UniCredit SpA is Italy-based holding company engaged in the financial sector. The Company’s division model is based on four pillars: Customer Centricity, A Multi-Local Approach, Global Product Lines, and Global Service Lines. The Customer Centricity area focuses on the Retail, Corporate & Investment Banking and Private Banking areas. The Centralized Multi-Local Approach takes responsibility for the distribution networks and customer relationships. The Global Products Lines are responsible for developing the products and services across all geographic areas. The Global Service Lines which supply the network coverage functions and product factories with specialized services, including Banking Back Office, Information and Communication Technology, Credit Collection, Procurement Services, Real Estate and Shared Service Centers. As of December 31, 2011, it operated in 22 European countries through more than 9,500 branches.