UniCredit ties buybacks to Russian exposure fallout

- By Lorenzo Migliorato
- 14 Mar 2022

UniCredit stands to lose 200 basis points of Common Equity Tier 1 (CET1) ratio from a full write-down of its Russian assets – among the heaviest potential hits yet quantified by foreign banks exposed to Russia’s crumbling economy, and one that could, at worst, curtail its payout plans.

UniCredit’s reported CET1 ratio stood at 15.03% at end-2021. A planned €2.6 billion ($2.85 billion) share

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