Prospectus - Notowania

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Corporate & Investment Banking
For 2010, the specific objectives for this business area will continue to be the ongoing upgrading of technological platforms,
compliance with the SEPA European directive, and the development of high value added solutions for customers with resulting
high growth margins and the potential to bring in new customers.
Trade Finance & Services and Supply Chain Management
UniCredit's products in this business area take advantage of the broad, direct coverage of the markets in which the Group
operates with the support of a network of over 4,000 correspondent banks, making it possible to broaden the coverage area to
over 50 countries throughout the world. This allows customers of the UniCredit Group to support their range of products in
different countries with the broad selection of banking services available.
Trade finance products and services offered to Corporate customers range from more traditional letters of credit, guarantees
and documentary credits and forfaiting to highly competitive Global Trade Management solutions that support the customer
along the entire "supply chain". Pre-export, post-shipment and inventory finance are just a few examples of solutions offered to
customers.
This business area represents about 25% of the revenues of UniCredit's Transaction Banking area, and in Q3 2009 it was able
to largely maintain steady performance compared to the previous year due to considerable pricing adjustments for customers
that more than offset the reduction in the volume and number of transactions resulting from the negative import/export
situation. On the other hand, there was an increase in guarantee volume and commissions and commissions from forfaiting
throughout 2009.
The strategic focus of this business area is the development of advanced technological platforms for customers in order to
provide integrated eBanking and Trade Finance services for the online management of the major transactions of both mid-
sized customers and large international groups (High Volumes).
Leasing
As dictated by its strategy, effective January 1, 2009, UniCredit Leasing completed the reorganization of Italian operations
through the business combination of Locat S.p.A. with UniCredit Global Leasing S.p.A.
In keeping with the recent reorganization of the UniCredit Group, which established a Product Line role for the Leasing
business area, in 2009 top management continued its commitment to maximize cooperation with banks in individual countries
by dedicating specific employees to training and disseminating product know-how in the corporate and retail networks. In
particular, in the Italian market this cooperation formed a part of a broader context of altering and streamlining the distribution
model which has an increasing focus on multiple channels in order to make the best use of synergies within the Group and
increase the effectiveness and efficiency of the sales force. In an effort to strengthen the leasing business and the Group's
identity, the rebranding of companies in the European network was also completed.
The new organizational structure emphasizes the establishment of an international leasing network in support of customers. In
this connection, a new organizational unit (Global Sales Specialist) was established which serves as a point of reference for
operating companies in all countries in the management of international leasing transactions and for the development of
supranational cooperation agreements with leading industrial and commercial companies (Vendor Leasing Channel).
The business area also launched a number of initiatives aimed at reducing the impact of the deteriorating economic situation
on the company’s operating results. In particular, a special program was launched to prevent and reduce the deterioration of
irregular loans through soft collection activities and payment "restructuring," and the resale of assets owned by the company on
the market.