Prospectus - Notowania

markets and corporate treasury sales (CTS) dedicated to business and
institutional customers, also by means of a dedicated sales structure.
• Global Transaction Banking (“GTB”). Skills centre for cash management
and e-banking products, supply chain finance, trade finance, and for structured
trade & export finance activities and, in conclusion, global securities services.
• Leasing. The Leasing Product Line is responsible for the co-ordination of all
the structuring, pricing and sales activities for leasing products within the
Group, capitalising on its own distribution network operating in close cooperation
with the banking networks. Recently, this Product Line saw the
completion of the process for the reorganization of the activities in Italy
implemented by means of the integration of the activities of Locat and
UniCredit Global Leasing.
(c) Private Banking
The Private Banking business segment is responsible for the development of the
Private Banking segment in Italy, Germany and Austria and operates, as a global
business, in all the geographic spheres, including the CEE countries, directing,
supporting and controlling the development of the business activities at regional level.
The activities of the Business Unit mainly address private customers with average-tohigh
financial resources (by way of indication customers with assets under
management of over €500,000), providing advisory services and solutions for the
management of the assets.
During the nine-months ended as at September 30, 2009, Private Banking activities
represented 2.8% of the total operating income of the UniCredit Group.
The table below discloses the main income statement figures of the UniCredit Group
relating to Private Banking with reference to the nine months as at September 30,
2009 and September 30, 2008 and the financial years ended as at December 31, 2008,
2007 and 2006.
(millions of €)
INCOME STATEMENT
FIGURES
09.30.2009 09.30.2008 12.31.2008 12.31.2007
reconstructed
12.31.2006
OPERATING INCOME 587 704 1,414 1,509 1,067
OPERATING PROFIT 187 291 522 614 349
GROSS PROFIT 175 311 511 584 330
From 2009 onwards, the Private Banking area does not include the Asset Gathering Business Line, transferred to
Retail. The comparative figure as at September 30, 2008 was reconstructed on the same basis.
As at September 30, 2009, loans to customers and direct customer deposits and
securities relating to the Private Banking activities amounted, respectively, to €6,709
million and €22,758 million and represent 1.2% of total loans to customers and 3.9%
of total customer deposits and securities of the UniCredit Group, respectively.
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