Our Strategy
UniCredit Unlimited

Over the past five years, UniCredit Unlocked released the trapped potential within our organisation, allowing us to move from laggard to leader and set a new benchmark for European banking. With 20 consecutive quarters of quality, profitable growth, unmatched efficiency and sector‑leading distributions, we are now ready to enter our next chapter: UniCredit Unlimited.

In this new phase, we build on our structural advantages, strengthen our commercial momentum and push our quality growth trajectory further — supported by targeted initiatives across people, products, technology and distribution.

A Clear Roadmap for the Future

UniCredit is now optimally positioned to act as the leading pan‑European bank, with a unique model that combines 13+1 empowered local banks and a unified Group strategy. Our distinctive mix of scale, diversification and execution discipline gives us a strong competitive edge, enabling us to deliver sustainable growth well ahead of peers.

Building on Our Structural Advantages

Our Geographies

With a presence across 13+1 markets and Top‑3 positions in 90% of them, we combine stability and growth: Italy as a capital‑light engine, Germany and Austria as resilient anchors, and CEE as a high‑growth region.

Our Clients

Serving more than 20 million clients across Europe, we provide personalised support through a seamless omnichannel model — from branches and remote advisory to digital platforms like buddy, already serving 800,000 clients and expected to reach 2 million by 2028.

Our Business & Product Factories

Our three global factories — Corporate, Individual and Payment Solutions — deliver best‑in‑class, capital‑light products that generate over 90% of Group Fees & Net Insurance, strengthening our value creation and client offering.

Our Financial Ambition

With UniCredit Unlimited, we shift decisively from unlocking potential to scaling sustainable quality growth.

We target:

• ~€27.5bn Net Revenue by 2028 and directionally >€29bn by 2030
• ~€13bn Net Profit by 2028, with RoTE >23%
• €30bn ordinary distributions in the next three years, with further upside from excess capital 
• A cost base ~€9.2bn in 2028, trending below €9bn post‑2030

These ambitions build on our strong momentum after record FY25 results and a structurally more resilient business model.

Our Purpose

When we act with the right principles and purpose, we create real impact for our clients, communities, people and shareholders. Our principle‑driven culture means listening to all stakeholders and shaping our actions around what matters most to them. This commitment fuels our mission to empower communities to progress and deliver best‑in‑class solutions, setting a new benchmark for European banking. Our ESG strategy is central to this, guiding the levers that drive meaningful, aligned and measurable impact.

---

» Discover more about our vision and progress on our 2024 Annual Report microsite

» Read more about our latest Group Results and Market Presentations