Unicredit to list 25-35% of Fineco online bank

Monday 28 April 2014 10:32 CET | News

Unicredit, an Italy-based financial institution, has revealed plans to sell between 25 to 35% of its online banking unit Fineco on the stock market by the end of July 2014.

According to the company, the aim is to introduce Fineco to people abroad, create value and re-invest a large part of the proceeds into growing the company.

Unicredit is a European commercial bank with an international network spanning 17 European countries and 50 markets, with about 9,000 branches and more than 148,000 employees.

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Keywords: UniCredit, Fineco, online bank
Categories: Banking & Fintech
Countries: World
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Banking & Fintech

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