AS Unicredit Bank Latvia

Bank Information

Bank Name AS Unicredit Bank Latvia
Bank Short Name UCB LV
Bank Type Associate Bank
Operating Country Latvia
Number of Domestic Branches 1
Number of non-domestic Branches 10 000 (group)
Euro

Registered Address

AS "UniCredit Bank"
Latvia Branch
Elizabetes 63
Riga
LV-1050

Description

UniCredit Group - one of the largest banking network in Europe, with around 10 000 branches, 180 000 employees and serving 40 million customers from 22 countries.

Contact Information

http://www.unicreditbank.lv/

Profile

AS “UniCredit Bank” started its business inLatvia in 1996 as AS “Vereinsbank Rīga” and during these years the bank hassustained its position in the Latvian banking market. Especially during thelast few years the Bank has developed successfully. By rebranding, the bank hasexpanded its operations in the Baltic region, creating a Pan-Baltic bank withbranches in all three countries (banking operations in Lithuania – since 2001,in Estonia – since 2004).

Market Position

UniCredit Group – strongest banking partner in Central andEastern Europe (CEE).

Rating

Not publicly rated

Accolades

  • Accolades of UniCredit group:
  • Treasury Management International -"Best Financial Supply Chain, Eastern Europe" 2010
  • Trade & Forfaiting Review - "Best Trade Bank in Eastern Europe incl. Russia & CIS" 2010
  • Trade Finance - "Best Trade Bank, Eastern Europe" 2010
  • Global Finance - "Best Trade Finance Provider, CEE region" 2010
  • Global Finance - "Best Bank for Liquidity Management in CEE" 2010
  • The Banker - "Best Bank in CEE" 2009

Membership of Clearings

Domestic ClearingSystems: EKS, SAMS

International:TARGET2