UniCredit CEO says many Germans are unhappy with their banking services
RPT-UniCredit CEO says many Germans are unhappy with their banking services Repeats to add Italy geographical code, no changes to text
ROME, June 18 (Reuters) - UniCredit Chief Executive CRDI.MI Andrea Orcel made a case on Thursday about the need for Germany to improve its banking services as the Italian bank works to acquire rival Commerzbank CBKG.DE amid strong domestic opposition to the takeover.
"Germany is the market in Europe where customers are the least satisfied. Some 27% of Germans don't like the services that banks give," Orcel told a business conference in Rome.
"It is the market with the highest penetration of fintechs and where American banks are gaining the most market share from the top down," he added.
(Reporting by Valentina Za, editing by Alvise Armellini)
((valentina.za@thomsonreuters.com; +39 02 6612 9526;))
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