The banking briefs continue, again from Czechia, as UniCredit says it wants to become a market leader there. That’s good news for landlords looking to lease shop space, as UniCredit plans a big retail banking push, reports Bloomberg:
UniCredit Spa, Italy’s biggest bank, is accelerating its expansion in the Czech Republic, where it is behind rivals including Societe Generale’s Komercni Banka AS.
UniCredit plans to open at least 40 branches in addition to the existing 60 and expand its franchise network to 90 outlets, particularly in smaller cities, Jiri Kunert, the chief executive of the Czech branch, said in an interview in his Prague office yesterday.
Read the whole article here.