Unicredit Slovenia Announces €22.8 Million in Dividends

By , 23 Mar 2020, 09:16 AM Business
Unicredit Slovenia Announces €22.8 Million in Dividends unicredit.si

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STA, 18 March 2020 - The Italian owners of the Slovenian subsidiary of the banking group Unicredit confirmed on Wednesday the allocation of EUR 22.8 million out of EUR 45.1 million in last year's distributable profit for dividends, meaning EUR 4.67 gross per share. The remainder will remain undistributed.

The Unicredit shareholders were also notified of the supervisory board changes - the term of five supervisors is to expire on 4 April, Pasquale Giamboi and Andrea Cesaroni will remain on the board for another term, while other three supervisors will be replaced by Enrica Rimoldi, Giorgiana Lazar O'Callaghan and Fabio Fornarolli.

Unicredit Slovenia also endorsed a multi-annual development plan for the period up to 2023 at today's meeting.

Last year, Unicredit Banka Slovenija and Unicredit Leasing generated EUR 79 million in operating revenue, a 0.5% increase year-on-year. Meanwhile, net interest revenue dropped by 8.2% to EUR 46 million compared to 2018.

The Italian banking group Unicredit generated EUR 3.4 billion in net profit, down almost 18% year-on-year. The group's revenue saw a downturn as well, with the management attributing poorer business results mostly to a drop in net interest revenue.

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