[1/4] A Russian police officer stands in front of a branch of the Raiffeisen Bank in Moscow, Russia, February 27, 2016.
It made a net profit of roughly 3.8 billion euros last year, thanks in large part to a 2 billion euro plus profit from its Russia business.
Of UniCredit's more than 20 billion euro total revenue last year, Russia accounted for more than 1 billion euros.
Meanwhile, Russian savers lodged more than 20 billion euros with the bank, which offers a place to deposit funds with fewer sanctions risks.
It banned investors from so-called unfriendly countries from selling shares in banks, unless the Russian President grants an exemption.