9/12/2008

Unicredit sees internal expansion in Turkey

Reuters - The head of Unicredit's Polish operations said he was interested in expanding the Italian bank's operations in the region without having to make an acquisition. "Between 2008 and 2010 we will invest 400 to 500 million euros and create 1,300 units," Federico Ghizzoni told reporters. "We are interested in Turkey, Russia, Romania and Ukraine” he said.