UniCredit, ranked 24th in The Banker's Top 1000 World Banks ranking, has joined the top 25 highest movers ranking in 2018, with a 79% increase in its Tier 1 capital. It is the biggest lender in the table, with $65.91bn in Tier 1 capital. The bank completed a €13bn capital increase to boost its flagging capital ratios in March 2017 – purported to be the largest in history by a company based in Italy.
In the 2017 highest movers ranking, UniCredit’s compatriot, Istituto Centrale delle Banche Popolari Italiane, (which was renamed Nexi in November) topped the list by posting a 181.6% capital rise.
