UniCredit to Take Cumulative €3 Billion Hit on Russia Sale

UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country.

May 7, 2026 - 10:00
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UniCredit to Take Cumulative €3 Billion Hit on Russia Sale
UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country.

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