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The new online banking of Bank Austria.

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The online banking for companies.

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26.02.2004

Preliminary results for 2003:
BA-CA's net income after taxes up by 43 per cent to EUR 442 million

  • In 2003 the earnings per share went up from EUR 2.71 to EUR 3.40
  • Return on equity after taxes surged from 6.5 per cent to 8.7 per cent. Cash ROE attained 12.4 per cent (2002: 10.2 per cent)
  • General administrative expenses continued to fall in 2003 despite a provision for restructuring measures in the amount of EUR 20 million
  • The net charge for losses on loans and advances went down by EUR 70 million (13 per cent) to EUR 467 million
  • Risk weighted assets were reduced to  EUR 65.5 billion, but CEE business increased by 13 per cent up to EUR 14.7 bn
  • Tier 1 capital ratio rose to 7.8 per cent (2002: 6.8 per cent)


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