Prospectus - Notowania

- Structured Capital Markets originates and structures innovative structured solutions that are tailored to
CONSOLIDATED INTERIM REPORT
AS AT SEPTEMBER 30, 2009
Unicredit’s global client base.
- Capital Markets Solutions is dedicated to provide customized solutions to satisfy the specific needs of the
customer base in respect of accounting, tax and rating issues.
� Equities, which is mainly dedicated to the negotiation, structuring, sale and dynamic risk management of products
related to equity markets for the Group's customers and for outside counterparties (e.g. financial institutions, funds,
etc.).
� Forex Exchange, specialized in cash (spot and forward) and derivative (swaps and options) foreign currency
products for transactions of its customers and for the foreign currency component of the Group's funding areas;
� Credit-Related Business which includes the following businesses:
- Credit Markets, which typically handles the pricing and trading of credit products including structured credits and
credit default swaps of companies and financial institutions typically with high creditworthiness;
- Illiquids and Special Assets, which manages the Group's distressed assets, which, due to their unique nature,
fall outside traditional work-out channels. It is the execution arm for restructuring that requires capital markets
exits.
Global Transaction Banking
UniCredit's Global Transaction Banking unit is one of the leading operator in the sector in terms of revenues generated in
continental Europe. This area combines the in-depth domestic market expertise of its staff consisting of more than 2,000
specialists, with the experience of an international bank in all aspects of transaction banking by offering a complete set of
products and services in the areas of payments and eBanking, trade finance, the financial management of procurement, export
finance, and custodian bank services in Central and Eastern Europe.
With the organizational model recently approved within the UniCredit Group, activities related to the management of demand
deposits and account maintenance will also fall under the responsibility of GTB.
GTB is active in all countries where the UniCredit Group operates, and each year processes about 3.5 billion transactions and
over 110,000 letters of credit for corporate customers and for leading international financial institutions.
The main products and solutions offered to customers include:
Cash Management and eBanking
The UniCredit Group has gained substantial experience in providing Cash Management and eBanking solutions. Using an
approach tailored to the needs of customers, GTB specialists provide support for the entire Financial Value Chain. Product
offerings range from analyzing cash and payment flow management processes to the daily management of transactions using
the eBanking platform, and to the most efficient solutions for the global management of cash positions for multinational groups,
with a particular focus on countries in Central and Eastern Europe, where the Group has a local presence and provides the
same high quality of service.
The payment services area represents about 50% of the overall revenues of UniCredit's Transaction Banking unit, and this will
increase to over 60% in the new organizational structure that calls for including customers' demand deposits. This will make it
possible to round out product offerings and the product catalogue and to maximize the efficiency of a single pricing
management area for all products related to treasury and payment services.
Performance in Q3 2009 in this area was negatively affected by interest rate movements, which, compared to the past year,
reduced the income generated from value days, but left the market share of commissions largely unchanged despite the global
decline in the volume and number of transactions experienced throughout the market due to the crisis situation.
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