easybank AG

Easybank is Austria's largest direct bank offering products and services of a universal bank. The product portfolio of Easybank ranges from services in payment and securities over different savings products and various forms of financing and credit card products. Although Easybank doesn't have classic brick-and-mortar branches, its customers can always contact the bank through the phone or e-mail.

Bank Category

Joint stock banks and private banks

Services

Retail Banking
Corporate Banking
Investment Banking

Products

Financials

Total Assets (2017)
4 078.56 mln EUR  (+0.78%)
Net Income (2017)
96.78 mln EUR  (+89.87%)

In 2017 total assets of easybank AG were 4 078,56 mln EUR. In 2017 the bank's net income was 96,78 mln EUR.

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

Contacts

Quellenstr., 51-55, 1100, Wien, Austria
1450
057005/500
057005/590

easybank AG is headquartered in Wien.

Bank Identifiers

BIC (SWIFT)
EASYATW1XXX
MFI ID
AT0000034549244
Bank Sort Code
14200
Company Number
150466z
Established On
03 October 1996

Business Summary

Business Focus
providing products and services via direct banking
Services
retail banking
corporate banking
investment banking
Products
credit cards
savings accounts (0.02 - 0.02 %)
consumer loans (5.31 - 7.58 %)
car loans (5.31 - 7.58 %)
trading accounts

easybank AG is focused on providing products and services via direct banking. easybank AG provides products and services in the areas of retail banking, corporate banking, investment banking. The range of products offered by easybank AG includes credit cards, savings accounts (0.02 - 0.02 %), consumer loans (5.31 - 7.58 %), car loans (5.31 - 7.58 %), trading accounts.

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 easybank AG are covered by deposit guarantee scheme of Austria up to 100 000 EUR per depositor. easybank AG offers the following savings accounts.

Updated on 20 January 2019

easy zinsmax
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
1
Savings Account Details
Product Name
easy zinsmax
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
1
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
easy zinsmax
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
3
Savings Account Details
Product Name
easy zinsmax
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
3
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
easy zinsmax
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
6
Savings Account Details
Product Name
easy zinsmax
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
6
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
easy zinsmax
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
9
Savings Account Details
Product Name
easy zinsmax
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
9
Investment Amount
1 - 999999 EUR
Interest Frequency
1 times a year
easy zinsmax
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
Deposit Term (months)
12
Savings Account Details
Product Name
easy zinsmax
Account Currency
EUR
Interest Rate (p.a.)
0.02 %
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

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by easybank AG.

Updated on 20 January 2019

PayLife Gold
Sales Region
Austria
Card Currency
EUR
Card Provider
Visa
Card Type
Gold
Annual Costs (EUR)
64.00
Credit Card Details
Product Name
PayLife Gold
Card Provider
Visa
Card Type
Gold
Annual Costs
64.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
Paylife Black
Sales Region
Austria
Card Currency
EUR
Card Provider
Visa
Card Type
Standard
Annual Costs (EUR)
96.00
Credit Card Details
Product Name
Paylife Black
Card Provider
Visa
Card Type
Standard
Annual Costs
96.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
PayLife Gold
Sales Region
Austria
Card Currency
EUR
Card Provider
MasterCard
Card Type
Gold
Annual Costs (EUR)
64.00
Credit Card Details
Product Name
PayLife Gold
Card Provider
MasterCard
Card Type
Gold
Annual Costs
64.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
PayLife Golf Fee
Sales Region
Austria
Card Currency
EUR
Card Provider
MasterCard
Card Type
Standard
Annual Costs (EUR)
75.00
Credit Card Details
Product Name
PayLife Golf Fee
Card Provider
MasterCard
Card Type
Standard
Annual Costs
75.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
Paylife Black
Sales Region
Austria
Card Currency
EUR
Card Provider
MasterCard
Card Type
Standard
Annual Costs (EUR)
96.00
Credit Card Details
Product Name
Paylife Black
Card Provider
MasterCard
Card Type
Standard
Annual Costs
96.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services
PayLife Platinum
Sales Region
Austria
Card Currency
EUR
Card Provider
MasterCard
Card Type
Platin
Annual Costs (EUR)
218.00
Credit Card Details
Product Name
PayLife Platinum
Card Provider
MasterCard
Card Type
Platin
Annual Costs
218.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services

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

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by easybank AG are shown in the table below.

Updated on 20 January 2019

easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.31 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
12
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.38 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
24
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.42 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
36
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.46 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
48
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.50 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
60
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.53 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
72
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.56 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
84
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
7.46 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
96
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
7.58 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
120

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

Car Loans

Car loans are secured or unsecured (i.e., backed or non-backed by a collateral) installment loans provided to retail customers for the purpose of buying a new or used car. Used cars purchased privately are often financed through unsecured loans, while new cars are financed via secured loans with the car used as the loan collateral. Car loans offered by easybank AG are shown in the table below.

Updated on 20 January 2019

easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.31 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
12
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.38 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
24
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.42 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
36
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.46 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
48
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.50 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
60
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.53 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
72
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
5.56 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
84
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
7.46 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
96
easy kredit
Sales Region
Austria
Loan Currency
EUR
Effective Rate (p.a.)
7.58 %
Loan Amount (EUR)
4000 - 50000
Loan Term (months)
120

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

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts made with easybank AG are covered by investor compensation scheme of Austria up to 20 000 EUR per investor. Trading accounts offered by easybank AG are shown in the table below.

Updated on 20 January 2019

easy broker
Sales Region
Austria
Annual Costs (EUR)
35.00
Costs per Order (EUR)
5.95
Trading Account Details
Product Name
easy broker
Annual Costs
35.00 EUR
Costs per Order
5.95 EUR
Traded Instruments
stocks
bonds
ETFs
funds
options
certificates
Stock Exchanges
XETRA
Frankfurt
NYSE

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 (2017)
4 078.56 mln EUR  (+0.78%)

In 2017 total assets of easybank AG were 4 078.56 mln EUR. Growth compared to the previous period (2016) was 0.78%. The evolution of the total assets of easybank AG is shown at Chart 1 below.

Total Assets of easybank AG.

Chart 1. Total Assets of easybank AG.

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

2016 2017 % change
Loans to banks 2 864.2 2 433.1 -15.05%
Loans to customers 982.0 1 482.8 +50.99%
Total Assets 4 047.1 4 078.6 +0.78%
Table 1. Recent changes in total assets of easybank AG (mln EUR).

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

2016 2017 % change
Bank deposits 6.2 26.2 +322.22%
Customer deposits 3 895.4 3 808.1 -2.24%
Total Liabilities 4 047.1 4 078.6 +0.78%
Table 2. Recent changes in total liabilities of easybank AG (mln EUR).

Profit and Loss

Operating Income (2017)
148.53 mln EUR  (+102.70%)
Net Income (2017)
96.78 mln EUR  (+89.87%)

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

2016 2017 % change
Commission Income 14.1 81.1 +473.28%
Commission Charges -7.3 -32.6 +344.54%
Interest Income 66.2 67.3 +1.69%
Interest Charges -15.7 -4.6 -70.59%
Net Interest Income 50.4 62.7 +24.26%
Table 3. Recent changes in gross profit of easybank AG (mln EUR).

In 2017 net income of easybank AG was 96.78 mln EUR. Growth compared to the previous period (2016) was 89.87%. The evolution of the net income of easybank AG is shown at Chart 2 below.

Net Income of easybank AG.

Chart 2. Net Income of easybank AG.

Market Share and Rank (among banks in Austria)

Total Assets (2015)
38th (market share 0.41%)

In 2015 easybank AG was ranked the 38th largest bank in Austria in terms of total assets, having 0.41% of the domestic market share.

Market share of easybank AG (among banks in Austria)

Chart 3. Market share of easybank AG (among banks in Austria)

Several banks having the market shares and ranks closest to easybank AG are shown below.

RankNameTotal AssetsMarket Share
37Tiroler Sparkasse BankAG Innsbruck3478.23 mln EUR0.43%
38easybank AG3335.46 mln EUR0.41%
39Raiffeisenlandesbank Burgenland und Revisionsverband eGen3126.13 mln EUR0.38%
 

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

Total Assets (2015)
10th (market share 1.40%)

In 2015 easybank AG was ranked the 10th largest joint stock bank and private bank in Austria in terms of total assets, having 1.40% of the category's market share.

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

Chart 4. Market share of easybank 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 easybank AG are shown below.

RankNameTotal AssetsMarket Share
9Kommunalkredit Austria AG3540.05 mln EUR1.48%
10easybank AG3335.46 mln EUR1.40%
11Volkskreditbank AG2698.83 mln EUR1.13%
 

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 easybank 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 easybank AG and its components are shown in the table below.

BIC  EASYATW1XXX
Bank BIC Code  EASY
Country Code  AT (Austria)
Location Code  W1
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 easybank AG is shown in the table below.

MFI ID  AT0000034549244

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  14200

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  150466z

European Presence: 2 banks in 2 countries

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

Austria

  • (this bank) easybank AG (Wien)

Germany