UniCredit S.p.A. reported third quarter stated net profit of 2.3 billion euros, up 35.9% from a year ago. Net profit after AT1/CASHES coupon was 2.3 billion euros, up 34.
Alpha Bank will own 9.9% of the new entity, and will receive a consideration of around 300 million euros in cash Last year UniCredit was the seventh bank in the system by the value of assets, with a share of 8.6%; Alpha Bank was in ninth position, with a share of 3%, according to the BNRAlpha Bank and UniCredit have agreed the main financial conditions for the merger between their subsidiaries in our country, an operation that will lead to the creation of the third bank in Romania in terms of assets, with a combined market share of 12%, according to yesterday's announcement of the two financial groups.