UniCredit Is Focused on Organic Growth for Bank of the Future: CEO

The transcript discusses UniCredit's strategies for reducing non-performing loans (NPLs) and improving efficiency in a challenging business environment. It highlights the bank's focus on organic growth, shareholder value, and adapting to the European banking landscape. The discussion covers the Italian and German markets, the future of banking, and the importance of client satisfaction and transformation. The bank aims to leverage technology and maintain a strong presence in key markets while navigating economic uncertainties.

What was UniCredit's target for reducing its non-core portfolio by the end of 2019?

• 10 billion

• 5 billion

• 20 billion

• 15 billion

How does UniCredit view the current economic environment?

• As a nightmare

• As an opportunity for efficiency

• As a stable environment

• As a declining market

What is UniCredit's market share in corporate lending in Germany?

• 4%

• 8%

• 2%

• 6%

What is UniCredit's approach to mergers and acquisitions?

• Avoiding all mergers

• Frequent cross-border mergers

• Focus on organic growth

• Aggressive expansion

What is a key factor for future success in the banking industry according to UniCredit?

• High-risk investments

• Increasing physical branches

• Client satisfaction and transformation

• Reducing employee numbers

How does UniCredit plan to use technology in its future operations?

• To replace all human employees

• To enhance client service and efficiency

• To focus solely on AI development

• To eliminate all physical branches

What challenge do European banks face compared to US banks?

• Lower growth and negative rates

• More attractive financial sector

• Easier regulatory environment

• Higher growth rates