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Unicredit, more Poland and less Ukraine

The Milanese bank has presented an offer for Rabobank's assets in Poland, which could create synergy with Bank Pekao, Unicredit's historic presence on the Polish market – At the same time, the group led by Ghizzoni is preparing to leave Ukraine and rationalize its presence in Eastern Europe, enhancing its strengths.

Unicredit, more Poland and less Ukraine

Under the guidance of its CEO, Federico Ghizzoni, who has in-depth knowledge of Eastern European markets, Unicredit is preparing to rationalize its presence in New Europe. The offer that Unicredit made to take over the assets of Rabobank in Poland should be interpreted in this sense, where it is already present with its historical presence made up of Bank Pekao, one of the largest banking institutions in the country which has given Unicredit many satisfactions since since Alessandro Profumo bought it.

The possibility of exploiting synergies with Pekao is one of the reasons behind the new Unicredit offer in Poland. A move that is part of Unicredit's strategy of enhancing its strengths in Eastern Europe and to lighten up on the more difficult markets. The second move by Unicredit should also be interpreted in this sense which, after leaving Kazakhstan, activated the sale of its subsidiary in Ukraine.

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