It is with great pleasure to announce that both UniCredit Czech Republic (UCCZ) and UniCredit Slovakia (UCSK) will be implementing their new custody system (BaNCS) over this coming weekend (05/03 – 06/03/2022). This system migration will mark the continuation of the highly anticipated roll-out following the successful implementation in Romania last December (2021).
Keeping in line with our ongoing multi-year project, with this implementation, Czech Republic and Slovakia will now become the next two markets to implement BaNCS and, in turn, caps off years of dedicated commitment by realizing a major milestone towards digital evolution.
We are also delighted to confirm that this new system has been tested extensively over the past few months by fully dedicated and experienced IT and operational teams and that we have corrected all bugs we have identified during this process.
This implementation reinforces our continued commitment to service excellence, both near and long-term. We are extremely proud of being able to take this step forward together and, as always, thank you for the trust and support given to us.
Impact on investors: New Custody System implementation by March 7, 2022.