Results for the first six months of 2006:
Bank Austria Creditanstalt's operating profit up by 49 per cent

  • Operating profit of Bank Austria Creditanstalt rises to EUR 854 million
  • BA-CA improves performance in all business segments
  • Consolidated net income rises to EUR 1.3 billion, including the capital gain on the sale of HVB Splitska banka
  • Board decisions have been taken on the transfer of units in Central and Eastern Europe between BA-CA and UniCredit: BA-CA also assumes responsibility for operations in Turkey

Bank Austria Creditanstalt (BA-CA) significantly improved its results in the first half of 2006. Operating profit rose by 49.1 per cent to EUR 854 million (first half of 2005: EUR 573 million). Net income after taxes and minority interests reached EUR 1,316 million (2005: EUR 453 million). This figure includes the capital gain on the sale of HVB Splitska banka, the Croatian banking subsidiary. Adjusted for this one-off effect, the return on equity after taxes and minority interests was 18.3 per cent (2005: 13.7 per cent). The cost/income ratio improved to 57 per cent (2005: 61.9 per cent).

BA-CA's CEO Erich Hampel: "We have achieved excellent results for the first six months. A particularly gratifying feature is the stronger operating performance. Bank Austria Creditanstalt's earnings power has further improved. This is the result of a clear strategy which we have consistently pursued for many years: we are fully concentrating on our core markets in Austria and Central and Eastern Europe.“

 IR Release download ( 167 KB)

 Interim Report at 30 June 2006 (529 KB)