Italy's UniCredit Group reported net profit of EUR9.7 billion in 2024, up 2% against 2023, and net revenue of EUR24.2 billion, up 4% year-on-year, due to strong customer growth and a diverse range of products.
Italy's Intesa Sanpaolo Group, which has recently finalized the acquisition of First Bank (Romania), ended the first half of 2024 with net profit of EUR4.8 billion, up 13% year-over-year.
Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks in Romania.