UniCredit Bank Offers Clients to Close Accounts and Withdraw Funds
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Insights by Echo AI
Clients of UniCredit Bank, a Russian subsidiary of Italian group UniCredit, have started receiving offers to close their accounts and cards, and transfer funds to other banks without commission. The bank is one of the last Western banks operating in Russia and has been reducing its presence since announcing its decision to leave the market in 2022. A potential sale of its Russian business to a UAE consortium is expected in 2027.
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