OREANDA-NEWS. September 22, 2009. UniCredit Group member of which is Ukrsotsbank is ranked 13th in terms of market value. In its last issue, the German newspaper Sueddeutsche Zeitung examined how the weightings of the large banks worldwide have been shifted with regards to ranking from January 2007 till today as a consequence of the financial crisis. In terms of market value, UniCredit ranked 13th in January 2007.

Despite the turbulence on the financial market, the bank was able to defend this position with a current market value of approximately EUR 43.4 billion. As a comparison: Deutsche Banks ranks 27th today with a market value of EUR 30.8 billion (in 2007, it ranked 19th). According to the article, several universal banks have done remarkably well. In this connection, HSBC, Banco Santander, BNP Paribas and UniCredit were mentioned.

Walter Sinn from the Boston Consulting Group: “What the successful banks have in common is that they enjoy a strong position in their domestic markets, they have not allowed themselves any excesses in investment banking, they have excellent risk management at their command, and they have systematically taken advantage of growth opportunities in the emerging markets.”