UniCredit | Romania Feed

The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation.

UniCredit analysts expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024, with Romania outperforming, and Czech Republic and Hungary lagging, the bank says in its latest quarterly Central and Eastern European report.

UniCredit and Mastercard have announced on Friday (May 26) the global expansion of their payments partnership through an agreement that targets 13 subsidiaries of the bank across 12 markets, including Romania, for all card products, totaling 20 million cards.