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Economy and Banking Sector of Austria

Major Banks of Austria

Rank
1
Total Assets
98 929.63 mln EUR  (-3.54%)
Market Share
15.20 %
Rank
2
Total Assets
61 130.72 mln EUR  (+1.84%)
Market Share
7.42 %
Rank
3
Total Assets
54 741.32 mln EUR  (+19.49%)
Market Share
6.46 %
Rank
4
Total Assets
35 361.24 mln EUR  (+1.06%)
Market Share
4.17 %
Rank
5
Total Assets
33 709.10 mln EUR  (+4.26%)
Market Share
3.72 %
Rank
6
Total Assets
24 330.49 mln EUR  (+0.70%)
Market Share
3.27 %
Rank
7
Total Assets
25 183.90 mln EUR  (+7.17%)
Market Share
2.80 %

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.

Services
Retail Banking
Corporate Banking
Private Banking
Investment Banking
Financial Advising

Products

In 2017 total assets of UniCredit Bank Austria AG were 98 929,63 mln EUR. In 2017 the bank's net income was 380,48 mln EUR.

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.

Erste Group Bank AG

Founded in 1819, Erste Group Bank AG was the first Austrian savings bank. Erste Group is one of the largest financial services providers in Central and Eastern Europe. Erste Group Bank is a universal bank, offering a full range of retail, private, corporate and investment banking products and services to individuals, families, companies and financial institutions.

In 2017 total assets of Erste Group Bank AG were 61 130,72 mln EUR. In 2017 the bank's net income was 515,76 mln EUR.

Erste Group Bank 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 A2 (upper medium grade). Erste Group Bank AG participates in deposit guarantee scheme of Austria.This scheme covers accounts up to 100 000 EUR per bank per depositor.

Raiffeisen Bank International AG

Raiffeisen Bank International (RBI) specializes in providing retail and corporate banking products and services to natural persons and legal entities in Central and Eastern Europe (CEE). In March 2017, RBI was merged with Raiffeisen Zentralbank Österreich AG (RZB), taking over all rights, obligations and duties of RZB and thus becoming the head entity of Raiffeisen Banking Group (Austria).

In 2017 total assets of Raiffeisen Bank International AG were 54 741,32 mln EUR. In 2017 the bank's net income was 205,26 mln EUR.

Raiffeisen Bank International AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade). Raiffeisen Bank International AG participates in deposit guarantee scheme of Austria.This scheme covers accounts up to 100 000 EUR per bank per depositor.

BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft

BAWAG P.S.K. is one of Austria's largest banks with more than 1.6 million retail and corporate customers and a nationwide well-known brand. The business strategy of BAWAG P.S.K is focused on low risk and high efficiency. More than 70% of the bank's loans and receivables are owed to customers in Austria, while the rest accounted for by western industrialized countries such as Germany, France, the United Kingdom and the United States.BAWAG P.S.K. has made a proactive decision to withdraw from Central and Eastern Europe.BAWAG P.S.K. business segments are retail and SME banking, corporate lending and investments, and treasury services and global markets.

Services
Retail Banking
SME Banking
Corporate Banking

Products

In 2017 total assets of BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft were 35 361,24 mln EUR. In 2017 the bank's net income was 773,24 mln EUR.

BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade). BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft participates in deposit guarantee scheme of Austria.This scheme covers accounts up to 100 000 EUR per bank per depositor.

Raiffeisenlandesbank Oberösterreich Aktiengesellschaft

Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is a regional bank of Raiffeisen Banking Group (Austria) whose principal owners are local Raiffeisen Banks operating in the corresponding province. Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is a universal bank offering a broad range of retail and corporate banking products and services to local residents. Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is also a regional center for the local Raiffeisen Banks responsible for IT infrastructure, marketing and advertising.

Services
Retail Banking
Private Banking
Corporate Banking

Products

In 2017 total assets of Raiffeisenlandesbank Oberösterreich Aktiengesellschaft were 33 709,10 mln EUR. In 2017 the bank's net income was 41,57 mln EUR.

Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade). Raiffeisenlandesbank Oberösterreich Aktiengesellschaft participates in deposit guarantee scheme of Austria.This scheme covers accounts up to 100 000 EUR per bank per depositor.

RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG

RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG is a regional bank of Raiffeisen Banking Group (Austria) whose principal owners are local Raiffeisen Banks operating in the corresponding province. RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG is a universal bank offering a broad range of retail and corporate banking products and services to local residents. RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG is also a regional center for the local Raiffeisen Banks responsible for IT infrastructure, marketing and advertising.

In 2017 total assets of RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG were 24 330,49 mln EUR. In 2017 the bank's net income was 50,69 mln EUR.

RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade). RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG participates in deposit guarantee scheme of Austria.This scheme covers accounts up to 100 000 EUR per bank per depositor.

Erste Bank der oesterreichischen Sparkassen AG

Erste Bank der oesterreichischen Sparkassen AG (Erste Bank Oesterreich), together with the Sparkassen, forms one of the largest banking groups in Austria. Traditionally for savings banks, Erste Bank's core business areas are deposits and lending provided to private customers, business customers and the public authorities.

Services
Retail Banking
Corporate Banking

In 2017 total assets of Erste Bank der oesterreichischen Sparkassen AG were 25 183,90 mln EUR. In 2017 the bank's net income was 158,53 mln EUR.

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

See Also