VIENNA, April 19 UniCredit Bank Austria
expects results in central and eastern Europe (CEE) to
improve this year as the region's economic growth easily
outpaces that of the euro zone, CEE area chief Gianni Papa told
an Austrian newspaper.
"Even if the situation is not rosy, we expect better results
this year," Der Standard quoted him as saying on Friday when
asked how the CEE market would develop in 2013.
The region, in which UniCredit is market leader, contributed
70 percent of group pretax profit in 2012.
Papa said that no acquisitions were in sight but the bank
would look at opportunities to buy quality assets. It would
focus more or large customers, he said, seeing potential to
boost business with German companies active in the region.
The bank does not intend to close any of its 2,800 branches
in the region but would restructure them to adjust to customer
demand, he added.
(Reporting by Michael Shields; Editing by David Goodman)