So, in the next six months, the organization intends to reduce cross—border exposure to almost zero, international payments to below 8.5 billion euros, loans minus reserves below the billion mark, and deposits below two billion euros.
Photo: ru.freepik.com
UniCredit also stressed that the company's net profit in Russia in April-June fell by 33% to 116 million euros.
Recall that in mid-May, the ECB called on major European banks to accelerate their exit from Russia due to new sanctions. The regulator noted that otherwise financial institutions operating in the EU face being blacklisted and fined.
