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UniCredit Says Ready To Face Inflation; Launches UniCredit Unlocked To Build Confidence

Pan-European commercial bank, UniCredit announced that it is going to raise its guidance after a confident quarter. The bank also launched is new business strategy called UniCredit Unlocked.

The CEO went on to say that the bank is well placed to upgrade the existing guidance in the third quarter which, he suspects, will carry forward into the next financial year as well.

The bank also released a new strategy to change its business model. The new model will focus on uniting the 13 banks under the brand and center the operation around the clients.

The bank is going to offer capital-light business and try to offer value added services either in-house or with third parties.

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