Light and modern graphics, advanced functionality and a comprehensive approach. These are the distinguishing characteristics of the UniCredit Groups new corporate website, launched on Thursday, 22 January, said the bank in a press release.rnrnThe new site which can be found at www.unicreditgroup.eu was created to meet the Groups growing communications needs and to satisfy the expectations and demands of its main users: analysts, investors, journalists and talented people everywhere who may be interested in careers at UniCredit Group.rnrnThe content has been expanded to provide comprehensive information and to improve the transparency of communication. rnrnThe site architecture has been reorganized in order to make the content more user-friendly and to offer visitors a variety of ways to access information, including through traditional navigational paths, transverse links and the innovative solutions associated with Web 2.0.rnrnThe sites internal search engine has been optimized, thanks to the use of technology from Google, and its visibility on the page has been enhanced to draw greater attention to an important tool for web users.rnrnThe graphical look and feel of the site now reflect the new Web Identity of UniCredit Group a visual identity that will be employed over the coming year to unify the websites of all the principal companies of the Group in Europe. The page designs are distinguished by the use of clean lines and by close attention to the negative spaces that improve clarity and legibility.rnrnWith the launch of the new website, UniCredit Group which won first place for the financial sector in both 2007 and 2008 in the Hallvarsson & Halvarsson Webranking Awards intends to confirm its reputation as a model of international best practice in the sphere of online communications.rnrn
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The neutral nominal rate in Romania has been falling since the start of inflation targeting in 2005. The Taylor Rule clearly shows that interest rates peaked in 2022 and have been on a clear downward path ever since.Furthermore, the model estimates a long-term neutral nominal rate of around 3.9%, which is the equivalent of approx. 1.4% real.Using a more sophisticated model (i.e. New York FED’S HLW model), the real neutral interest rate in Romania is estimated currently at around 1.5% (1.7% 2023 average) and the historical mean at 1.2%.This implies a neutral nominal rate between 4.00% and 4.50%. In the past decade, the NBR real effective rate was below the neutral rate and only over the past year climbed above the neutral mark.Source: Erste Bank
Press Release:"Alpha Services and Holdings announces a strategic partnership with UniCredit in RomaniaMerger of Alpha Bank Romania and UniCredit Bank Romania and creation of third largest bank in Romania by... detalii
NBR Board decisions on monetary policyIn its meeting of 4 April 2023, the Board of the National Bank of Romania decided:• to keep the monetary policy rate at 7.00 percent per annum;• to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum;• to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.The annual inflation rate went down to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with forecasts. The decrease was mainly driven by the sizeable drop in the dynamics of fuel and electricity prices, under the impact of significant base effects and the change made to the energy price capping and compensation scheme starting 1... detalii
ING press release:ING posts FY2022 net result of €3,674 million,proposed final 2022 dividend of €0.389 per share 4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%•Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income•Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter•Risk costs declined to 17 bps of average customer lending Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits•On a full-year basis, our primary customer base grew by 585,000•Net core lending growth of €18 billion and net core deposits growth of €25 billion in 2022•Net result of €3,674 million in a challenging year; proposed final 2022 dividend of €0.389 per share CEO statement“Looking back, 2022 was... detalii