BA-CA decides not to bid for the acquisition of BAWAG P.S.K.

Bank Austria Creditanstalt (BA-CA) will not be submitting a non-binding bid for the acquisition of BAWAG P.S.K. BA-CA examined the BAWAG P.S.K tender invitation documents in detail, and while BA-CA found the opportunity unique and interesting, it has decided not to participate further in the sale process and continue in the coming years with the targeted expansion of its market share in Austria by focusing on organic growth and concentrating on its key areas of business.

Enquiries: Bank Austria Creditanstalt Press Office Austria
Peter N. Thier, Tel. +43 664 515 45 09
E-mail: peter.thier@ba-ca.com