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03.05.2006

Global Finance names BA-CA Best Bank in CEE

Bank Austria Creditanstalt (BA-CA) has come out Best Bank in Central and Eastern Europe from the “Best Emerging Markets Banks 2006” survey conducted by Global Finance. The US-based financial magazine selected the best emerging market banks in Central and Eastern Europe, based on criteria including growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products. The rankings will be published in the May issue.

“This survey is further proof of our excellent position in our core markets. Thanks to the business combination with UniCredit Group, we are now by far the leading player in Emerging Europe, with a network covering 17 countries in the region,” commented Erich Hampel, CEO of Bank Austria Creditanstalt and Head of the CEE Division at UniCredit Group.

During the past years, BA-CA has received more than 250 awards in recognition of its achievements in Central and Eastern Europe. Euromoney and The Banker repeatedly named BA-CA “Best Bank” and “Bank of the Year”. Numerous prizes were also awarded in the fields of custody, trade finance, project finance, foreign exchange and to the CEE subsidiaries of UniCredit Group.
BA-CA together with UniCredit Group operates the largest international banking network in CEE with more than 2,900 offices. More than 60,000 employees serve some 17 million customers. The new UniCredit Group maintains offices in the following countries:
Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Serbia and Montenegro, Slovakia, Slovenia, Turkey and Ukraine. In addition, BA-CA is responsible for business development in Albania, Armenia, Azerbaijan, Belarus, Cyprus, Georgia, Kazakhstan and Moldova.

Enquiries: Bank Austria Creditanstalt International Press Relations
Ildiko Füredi-Kolarik, Tel. +43 (0)5 05 05-57102;
E-Mail: ildiko.fueredi-kolarik@ba-ca.com