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⚡️ Putin allows Italy's UniCredit banking group to reorganize, sell Russian subsidiary

World · en

⚡️ Putin allows Italy's UniCredit banking group to reorganize, sell Russian subsidiary

The Kyiv Independent · Oct 5, 2026, 6:06 PM UTC

UniCredit, one of the few European banks still active in Russia, announced in May that it plans to sell most of its Russian subsidiary — UniCredit Bank Russia — to a private investor from the United Arab Emirates, while retaining control over its payments arm.