RisCo analysis: With RON 5 billion, UniCredit Bank takes over Alpha Bank’s customers

According to 2024 financial reports, Alpha Bank Romania recorded a turnover of more than RON 1.8 billion. The financial services and products portfolio of Alpha Bank Romania will be taken over by UniCredit Bank. With more than 30 years of activity, UniCredit Bank Romania manages to remain among Romanians’ choices when it comes to lending, home insurance or investments. According to financial analytics platform RisCo, UniCredit Bank has reached an impressive turnover of over RON 5.2 billion.   According to the 2024 financial data, UniCredit Bank’s net profit increased by around 13%. This indicates a strengthening of the bank’s position in the market, reflecting efficient revenue growth and an optimization of operating costs. This performance is underpinned by a prudent lending policy and diversification of income sources. However, in this economic context, RisCo.ro financial analysts emphasize the importance of rigorous evaluation of business partners and recommend the adoption of proactive measures to protect and prevent business risks. By consulting various risk tools such as risk reports or financial activity checks, business risks can be anticipated.   Financial indicators provide clear data about liquidity, profitability and the ratio between income and expenses. As a result, financial analysis tools help to improve risk management.   Given the volatile economic environment, RisCo.ro financial analysts recommend taking measures to protect and prevent business risks.   UniCredit Bank’s 2024 turnover of more than RON 5.2 billion marks a point of stability and consolidation that allows the bank to confidently tackle new investment and development directions in a dynamic economic context.   In the context of the merger by absorption of Alpha Bank Romania into UniCredit Bank, the transfer of accounts and services for individual and corporate customers is planned between August 14, 2025, 12:00 noon, and August 18, 2025, 06:00, depending on the completion of the necessary legal procedures. By switching to UniCredit, Alpha Bank Romania customers will benefit from full access to all UniCredit Bank Romania services and products.   As of November 4, 2024, Alpha Bank Romania has been integrated into the UniCredit Group. The merger between Alpha Bank Romania and UniCredit Bank is planned for August 15, 2025, after which a single bank will operate, better strategically positioned and ready for sustainable growth.   With multiple agencies, ATMs and branches, UniCredit Bank has successfully established itself in the market. The merger thus promises customers quality services, all in one stronger, more consolidated and better prepared bank.   The merger between the two banks reinforces confidence in the growth potential of the banking industry. At the same time, the effect of the merger by absorption of Alpha Bank into UniCredit Bank Romania also indicates the bank’s ability to build and contribute to the optimization of banking performance. In addition, this strategic move outlines the idea of a robust banking institution focused on financial performance both in the medium and long term.   The financial data available on RisCo.ro shows a net profit for UniCredit Bank of over RON 1.4 billion. This emphasizes the ability to respond proactively to market developments. Net profit growth for 2024 of around 13% supports the bank’s growth objectives and long-term vision.  (Phiotio:https://www.facebook.com/RisCo/)