BA-CA sets up "regional centres" to offer corporate customers better international support
- Companies with annual revenues in excess of EUR 3 million should in future receive greater international support at special service centres
- Medium-sized companies make increasing use of export and capital markets products
Bank Austria Creditanstalt (BA-CA) is now able to offer corporate customers a special range of services tailored to meet the particular needs of medium-sized enterprises. BA-CA is finding that companies which generate revenues of EUR 3 million and more are becoming increasingly active in cross-border business deals. They are using increasingly complex banking products and require more specialised services – for export, interest and foreign currency management or in the area of alternative financing.
BA-CA is therefore concentrating these more sophisticated services for corporate customers with annual revenues in excess of EUR 3 million at special "regional centres" in each province. In doing so, it is following the successful approach adopted for serving international corporations. For many years BA-CA has served these customers with separate account managers at the Multinational Corporates unit. Private and business customers will continue to be served directly by the 12 regional offices.
Regina Prehofer, Director for Corporate Banking and Leasing Operations: "Many companies, even small companies, are already small multinationals. And this is the kind of service we want to offer them – all-round service covering everything from fixed-term deposits to interest and currency hedging, and complex cash management solutions."
Martin Frank, head of Corporate Customers & Public Sector will assume nationwide responsibility for the new Regional Centres. Until now Frank has been responsible for BA-CA large and corporate customers in Austria and abroad. His deputy is Fabio Fornaroli, previously Regional Director for Vienna City. He will be replaced as head of the Regional Office Vienna City by Franz Weisz.
The Regional Centre managers are:
Carinthia: Bruno Waldl, Lower Austria West: Thomas Wladika, Lower Austria South/Burgenland: Christian Redl, Upper Austria: Alexander Seiler, Salzburg: Christian Profanter, Styria: Bernd Meister, Tyrol: Markus Sappl, Vorarlberg: Hans Winter. BA-CA has also concentrated its corporate customer service in Vienna at five regional centres (Head: Martin Bachl, Peter Kretschy, Robert Mader, Erich Schramek, Susanne Wendler)
Enquiries: Bank Austria Creditanstalt Press Office Austria
Christian Kontny, Tel. +43 (0)5 05 05 ext. 52483;