The bank was a subsidiary of Italy-based UniCredit Group for 99.96% stake.

UniCredit Bank Czech Republic and Slovakia a.s. was founded on 1 December 2013 by UniCredit Bank Czech Republic a.s. absorbed Slovak sister company UniCredit Bank Slovakia a.s.[2] UniCredit Bank Czech Republic itself was founded on 1 October 2006 by the merger of HVB Bank Czech Republic a.s. and Živnostenská banka a.s.[1] The parent company of HVB Bank Czech Republic, German bank HypoVereinsbank (HVB) was acquired by UniCredit Group in 2005.

In September 2016 UniCredit S.p.A., the ultimate parent company, acquired the whole Central and Eastern Europe division from subsidiary Bank Austria.

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