Bank Austria is an internationally active financial institution that offers you innovative products and optimal services that give you a definitive competitive advantage.
Bank Austria began establishing itself successfully in the CEE countries over a decade ago, and now considers this region to be its extended home market. As part of the UniCredit Group, one of Europe’s largest banking groups, we are able to develop custom-tailored solutions to meet the needs of our customers and to provide them with comprehensive service and a complete range of products. Our traditional focus on correspondent banking allows us to effectively cover the needs of financial institutions.
Bank Austria's wide range of cash management products makes it possible for corporate customers and financial institutions to manage and optimise their liquidity position on a global basis, thereby reducing their interest expenses and maximising their interest yield through the use of a highly flexible system at transparent, competitive terms.
This service offers foreign banks the possibility to operate as a virtual bank within the systems of Bank Austria, and is therefore an alternative to establishing local operations in Austria ans CEE.
With the help of the virtual bank, you can access the domestic payment transaction system and can realise local and international pooling solutions for your customers.
This concept is being expanded from Austria to the countries of Central and Eastern Europe where presently it is available in Hungary, the Czech Republic and Slovakia.