Following the communication of November 8th, 2021, UniCredit S.p.A. announces that it has completed the sale of its stake corresponding to 18% of the issued share capital of Yapı ve Kredi Bankası A.Ş. (YKB) to Koc Holding A.S.
The closing of the transaction is expected to have a mid-high single digit positive impact on the UniCredit consolidated CET1 ratio, in the 2nd quarter 2022.
Following the completion of the transaction, UniCredit S.p.A. is no longer a shareholder of YKB.
Milan, 1 April 2022
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