3:46 22 January 2026
UniCredit targets ETF investors
UniCredit has re-entered Poland with ETF portfolios aimed at retail savers, positioning itself against XTB and Slovakia’s Finax. With a €100 minimum, clients choose among four risk strategies—conservative, stable, dynamic, and offensive—each available in euro or USD and in an inflation-hedged variant. Portfolios are rebalanced automatically, with allocations set by UniCredit’s managers.
After selling Bank Pekao in 2016, the Italian group returned in late 2025 by acquiring Belgium’s Aion Bank, renaming it UniCredit, and opening 11 Polish branches under CEO Niels Lundorff. In February 2026, the bank announced forthcoming złoty-denominated portfolios and versions including individual stocks.
Both XTB and Finax welcome the competition but stress advantages: XTB highlights commission-free trading up to €100,000 monthly and broad ETF access; Finax stresses passive, low-touch investing for over 17,000 Polish clients. UniCredit charges 0.35–0.90% annually without transaction fees, while Finax charges about 1% and XTB charges none.
