Österreichische Ärzte- und Apothekerbank AG (Austria)

Address

Spitalgasse, 31, 1090, Wien, Austria

BIC

BWFBATW1XXX

Overview

Business Focus

cooperative retail banking

Established in 1914, Österreichische Ärzte- und Apothekerbank AG (formerly Bank für Ärzte und Freie Berufe AG) is focused on providing retail banking products and services to medical professionals.

Performance

In 2022, Österreichische Ärzte- und Apothekerbank AG achieved the position of 90th largest bank in Austria with a market share of 0.11%; its total assets dropped by 1.90%.

Also the lender held the 155th position regarging its loans-to-deposits (L/D) registering 103.66% L/D ratio in 2022.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Österreichische Ärzte- und Apothekerbank AG.

Market Share (#90 in Austria)

Market Share of Österreichische Ärzte- und Apothekerbank AG

Ratios

L/D

103.66%

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Österreichische Ärzte- und Apothekerbank AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Österreichische Ärzte- und Apothekerbank AG is the 90th largest bank in Austria in terms of total assets. In 2022 its total assets were 1 057,53 mln EUR, providing the bank with the market share of 0.11%. Österreichische Ärzte- und Apothekerbank AG is the 9th largest volksbank credit cooperatives in Austria (out of 12 volksbank credit cooperatives) having market share of 2.98% amongst the banks of this category. In 2021 the bank's net income was 260 000,00 EUR.

Credit Ratings

Fitch: BBB+

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: -

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Österreichische Ärzte- und Apothekerbank AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Deposit Guarantee

Guarantee Fund

Einlagensicherung AUSTRIA Ges.m.b.H (ESA)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons (Austrian and foreign)
legal entities (Austrian and foreign)

Covered Accounts

all balances on bank accounts

Österreichische Ärzte- und Apothekerbank AG participates in the deposit guarantee scheme of Austria which applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Österreichische Ärzte- und Apothekerbank AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.