UniCredit Bank Austria AG

Bank Austria was created in 1855 by a merger of Austria's leading traditional banks. Since November 2005, Bank Austria has been a member of UniCredit Group. This combination has created a new, truly European bank with Bank Austria playing a key role in the growth markets of Central and Eastern Europe. UniCredit Bank Austria is a universal bank providing products and services in retail, corporate and investment banking as well as private banking and financial advising.

Bank Category

Joint stock banks and private banks

Services

Retail Banking
Corporate Banking
Private Banking
Investment Banking
Financial Advising

Products

Financials

Total Assets (2015)
123.59 bln EUR  (-1.10%)

UniCredit Bank Austria AG is the 1st largest bank in Austria in terms of total assets. In 2015 its total assets were 123,59 bln EUR, providing the bank with the market share of 15.20%. UniCredit Bank Austria AG is the 1st largest joint stock bank and private bank in Austria (out of 40 joint stock banks and private banks) having market share of 51.75% amongst the banks of this category.

UniCredit Bank Austria AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).

UniCredit Bank Austria AG participates in deposit guarantee scheme of Austria. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 UniCredit (Italy)

UniCredit Bank Austria AG is a member of UniCredit (Italy).

Contacts

Rothschildplatz, 1, 1020, Wien, Austria
35
050505
050505/56155

UniCredit Bank Austria AG is headquartered in Wien.

Bank Identifiers

BIC (SWIFT)
BKAUATWWXXX
MFI ID
AT0000034042182
Bank Sort Code
12000
Company Number
150714p
Established On
18 September 1996

Business Summary

Services
retail banking
corporate banking
private banking
investment banking
financial advising
Products
current accounts
payment cards
savings accounts (0.09 - 0.12 %)
time deposit accounts
consumer loans
mortgage loans
cash management
treasury

UniCredit Bank Austria AG provides products and services in the areas of retail banking, corporate banking, private banking, investment banking, financial advising. The range of products offered by UniCredit Bank Austria AG includes current accounts, payment cards, savings accounts (0.09 - 0.12 %), time deposit accounts, consumer loans, mortgage loans, cash management, treasury.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with UniCredit Bank Austria AG are covered by deposit guarantee scheme of Austria up to 100 000 EUR per depositor. UniCredit Bank Austria AG offers the following savings accounts.

Updated on 17 August 2018

Sparkonto 24h
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
1
Savings Account Details
Product Name
Sparkonto 24h
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
1
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Sparkonto 24h
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
3
Savings Account Details
Product Name
Sparkonto 24h
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
3
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Sparkonto 24h
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
6
Savings Account Details
Product Name
Sparkonto 24h
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term (months)
6
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Sparkonto 24h
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
9
Savings Account Details
Product Name
Sparkonto 24h
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
9
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
Sparkonto 24h
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.09 %
Deposit Term (months)
12
Savings Account Details
Product Name
Sparkonto 24h
Account Currency
EUR
Interest Rate (p.a.)
0.09 %
Deposit Term (months)
12
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2015)
123.59 bln EUR  (-1.10%)

In 2015 total assets of UniCredit Bank Austria AG were 123.59 bln EUR. Decline compared to the previous period (2014) was -1.10%. The evolution of the total assets of UniCredit Bank Austria AG is shown at Chart 1 below.

Total Assets of UniCredit Bank Austria AG.

Chart 1. Total Assets of UniCredit Bank Austria AG.

Recent changes in total assets of UniCredit Bank Austria AG and its main components are shown in Table 1.

2014 2015 % change
Loans to customers 64.1 66.9 +4.33%
Loans to banks 23.0 21.9 -5.03%
Bonds and other fixed-income securities 9.6 5.5 -42.98%
Shares and other variable-yield securities 0.1 0.1 -6.20%
Total Assets 125.0 123.6 -1.10%
Table 1. Recent changes in total assets of UniCredit Bank Austria AG (bln EUR).

Recent changes in total liabilities of UniCredit Bank Austria AG and its main components are shown in Table 2.

2014 2015 % change
Bank deposits 25.1 53.8 +114.58%
Customer deposits 51.9 19.8 -61.92%
Total Liabilities 125.0 123.6 -1.10%
Table 2. Recent changes in total liabilities of UniCredit Bank Austria AG (bln EUR).

Profit and Loss

Operating Income (2015)
3 485.56 mln EUR  (+41.73%)

Recent changes in gross profit of UniCredit Bank Austria AG and its main components are shown in Table 3.

2014 2015 % change
Interest Charges -1 300.3 -1 242.5 -4.45%
Interest Income 2 452.6 2 308.2 -5.89%
Net Interest Income 1 152.3 1 065.7 -7.52%
Commission Charges -206.7 -200.8 -2.87%
Commission Income 655.7 739.2 +12.74%
Table 3. Recent changes in gross profit of UniCredit Bank Austria AG (mln EUR).

Market Share and Rank (among banks in Austria)

Total Assets (2015)
1st (market share 15.20%)

In 2015 UniCredit Bank Austria AG was ranked the 1st largest bank in Austria in terms of total assets, having 15.20% of the domestic market share.

Market share of UniCredit Bank Austria AG (among banks in Austria)

Chart 2. Market share of UniCredit Bank Austria AG (among banks in Austria)

Several banks having the market shares and ranks closest to UniCredit Bank Austria AG are shown below.

RankNameTotal AssetsMarket Share
1 UniCredit Bank Austria AG123593.92 mln EUR15.20%
2 Erste Group Bank AG60351.65 mln EUR7.42%
3 Raiffeisen Bank International AG52533.77 mln EUR6.46%
 

Market Share and Rank (among Joint stock banks and private banks in Austria)

Total Assets (2015)
1st (market share 51.75%)

In 2015 UniCredit Bank Austria AG was ranked the 1st largest joint stock bank and private bank in Austria in terms of total assets, having 51.75% of the category's market share.

Market share of UniCredit Bank Austria AG (among Joint stock banks and private banks in Austria)

Chart 3. Market share of UniCredit Bank Austria AG (among Joint stock banks and private banks in Austria)

Several joint stock banks and private banks having the market shares and ranks closest to UniCredit Bank Austria AG are shown below.

RankNameTotal AssetsMarket Share
1 UniCredit Bank Austria AG123593.92 mln EUR51.75%
2 BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG33910.71 mln EUR14.20%
3 Oberbank AG17630.14 mln EUR7.38%
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) Baa1 (lower medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. UniCredit Bank Austria AG is rated by Fitch and Moody's.

Credit ratings assigned to UniCredit Bank Austria AG as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for UniCredit Bank Austria AG it is set to BBB+ (good credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for UniCredit Bank Austria AG is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  2
Support Rating Floor  WD

Viability rating for UniCredit Bank Austria AG is set to bbb+ (good fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is WD (withdrawn).

Moody's

Long-term rating for UniCredit Bank Austria AG it is set to Baa1 (lower medium grade). Long-term bank deposit rating is Baa1 (lower medium grade). Baseline credit assessment is baa3. Short-term rating is not assigned.

Long-Term Rating  Baa1
Long-Term Bank Deposit Rating  Baa1
Baseline Credit Assessment  baa3
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of UniCredit Bank Austria AG is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Austria are obliged to participate in Austrian deposit guarantee scheme.

In the case of UniCredit Bank Austria AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all balances on interest-bearing and non-interest bearing accounts
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of UniCredit Bank Austria AG and its components are shown in the table below.

BIC  BKAUATWWXXX
Bank BIC Code  BKAU
Country Code  AT (Austria)
Location Code  WW
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of UniCredit Bank Austria AG is shown in the table below.

MFI ID  AT0000034042182

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  12000

In Austria the code consists of five digits.


Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  150714p

European Presence: 25 banks in 17 countries

UniCredit Bank Austria AG operates under the brand name UniCredit. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Bulgaria

Czech Republic

France

Germany

Greece

Hungary

Ireland

Italy

Luxembourg

Romania

Serbia

Slovakia

Slovenia

Spain

Switzerland

United Kingdom

Defunct Banks: 4 banks in 4 countries

The following banks operating under UniCredit brand name has been recently closed down:

Cayman Islands

Estonia

Latvia

Lithuania