UniCredit Economics & FI/FX Research:
Turkey, Poland, Czech Republic and Estonia bounce back impressively after the crisis
The regional GDP of Central and Eastern Europe will grow at 3.8 percent this year, up from 3.6 percent in 2010. Moreover every country in the region, as covered by the banking network of UniCredit, is expected to show gains for the first time in four years.
Bank Austria with new type of financing for international corporate clients
Innovative "Umbrella Facility" means CEE subsidiaries of Austrian companies now have faster access to short-term financing
Results for the 2010 financial year:
Bank Austria: net consolidated profit of EUR 747 million despite negative impact of non-operating items totalling EUR 456 million
Operating performance after provisioning charge improved by 18 per cent to EUR 1.6 billion, both Austria-based business segments and CEE Division operate profitably. Non-operating items have a negative impact of EUR 456 million on performance.
Bank Austria wins CEE Real Estate Quality Award
For the first time Bank Austria has won the "Central & Eastern European Real Estate Quality Award" (CEEQA) in the category of "Banking and Financial Services Company of the Year 2010".
Bank Austria crowned "SEE Bank of the Year" in Bucharest
Results for the first three months of 2011:
Bank Austria starts the year with net profit of EUR 341 million
Operating profit up by 8 per cent to EUR 851 million compared with Q1 2010, driven by strong revenue trend in commercial banking business and flat cost development
First phase of Europe-wide UniCredit strategic project “All4Quality” completed:
IT companies of UniCredit Bank Austria are being bundled within UGIS Austria
The establishment of UGIS Austria GmbH marks the completion of the first phase of the All4Quality project in Austria.
Bank Austria Real Estate Country Facts:
Turkey's real estate market – a highflier with potential for correction?
The housing market is benefiting from a variety of factors including strong population growth
“Writing for CEE” journalism prize:
Submission period for authors ends on 31 July 2011
Writing for CEE, the international journalism prize awarded annually by APA – Austria Press Agency and Bank Austria since 2004, is approaching its final days.
Bank Austria Real Estate Country Facts
Commercial property markets in Croatia, Serbia and Slovenia – gaining ground, but risk of overheating remains
High-potential segments in all three countries – overheating combined with fierce competition a significant factor
UniCredit Economics & FI/FX Research:
CEE is holding its own against some gusty headwinds
Global growth dynamics remain supportive for CEE, external demand surprised on the upside in Q1 though domestic demand remains weaker in a number of economies in the region
CEE Household Wealth and Debt Monitor 2011:
Conditions for households are normalising, but challenges persist
The CEE economies showed convincing signs of economic recovery in 2010
APA and Bank Austria launch “Writing for CEE 2011”
Journalists from all over Europe invited to submit their work
In cooperation with Bank Austria, the APA – Austria Press Agency is awarding the prestigious "Writing for CEE" journalism prize for the eighth time this year.
Euromoney Cash Management Survey 2011:
Bank Austria "Best Cash Management House" in Austria
In its latest survey, the finance magazine Euromoney polled 14,000 companies around the world on the topic of cash management.
Bank Austria’s results for the first nine months of 2011:
Bank Austria posts profit despite substantial goodwill impairment – no need for capital measures thanks to strong capital base
Operating performance further improved, weak economic outlook and sovereign debt crisis have a strong one-off impact on the good operating performance.
CEE Banking Study 2011:
The business model is being reshaped, but CEE banking remains an opportunity
Although Central and Eastern Europe were hard hit by the crisis, banking in CEE remains an opportunity. This is one of the key findings of the latest CEE Banking Study, conducted by UniCredit´s CEE Strategic Analysis department.
Slovene Meta Krese is the winner of the "Writing for CEE 2011" journalism prize
Award for the report on the living conditions of the Roma in Slovenia
UniCredit Bank Austria optimising its activities in Russia
Corporate and Investment Banking to cooperate more closely in the interests of their Russian corporate customers
Bank Austria offers corporate customers renminbi currency accounts for payment transactions with China
China crucially important for Austria's export-oriented economy – already more than 470 Austrian companies have business operations in China.
Bank Austria's results for the first six months of 2011:
Net profit increases by 52 per cent to EUR 640 million
Provisioning charge in Austria and CEE continues to decline by 21 per cent to a total of EUR 705 million