| UniCredit Bank Czech Republic and Slovakia | |
| Type: | Subsidiary, akciová společnost |
| Industry: | Financial services |
| Hq Location: | 1525/1 Želetavská |
| Hq Location City: | Prague |
| Hq Location Country: | Czech Republic |
| Area Served: | Czech Republic and Slovakia |
| Num Locations Year: | 2015 |
| Num Employees Year: | December 2015 |
| Net Income: | CZK5.640 billion |
| Net Income Year: | 2015 |
| Assets: | CZK570.284 billion |
| Assets Year: | 2015 |
| Equity: | CZK61.506 billion |
| Equity Year: | 2015 |
| Owner: | UniCredit S.p.A. (99.96%) |
| Ratio: | 14.17% (Group CET1 ratio) |
| Footnotes: | in a consolidated basis (including minority interests); in IFRS[1] |
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 for 99.96% stake.
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.[2] 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.[1]
The parent company of HVB Bank Czech Republic, German bank HypoVereinsbank (HVB) was acquired by UniCredit Group in 2005. HypoVereinsbank's subsidiary, Bank Austria (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.[3]