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18.02.2007
National sponsor BA-CA at UEFA EURO 2008(TM): Archduke Charles to be guest of honour at the UniCredit Group Tower
"The venerable Archduke Charles will be guest of honour at the UniCredit Group Tower in Vienna's Heroes' Square", said Robert Zadrazil, Bank Austria Creditanstalt (BA-CA) COO, announcing BA-CA's most unusual activity in connection with UEFA EURO 2008™.
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28.12.2007
BA-CA Purchasing Managers’ Index in December: Renewed slowdown at year-end
The BA-CA Purchasing Managers’ Index (PMI) fell in December from 55.0 to 53.2. After the upturn in November, the Purchasing Managers’ Index dropped in December to its third lowest level this year.
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28.12.2007
UniCredit Markets & Investment Banking: economic & capital markets
UniCredit Markets & Investment Banking assumes that the impacts of the credit crisis will still be significant in the first quarter of 2008.
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21.12.2007
SME-financier UBF sells stake in Electrovac
UBF Mittelstandsfinanzierungs AG, part of the Bank Austria Creditanstalt (BA-CA) Private Equity Group, has successfully sold its stake in Electrovac AG.
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19.12.2007
BA-CA Business Indicator:
No further decline in economic sentiment
Bank Austria Creditanstalt's (BA-CA) business indicator slightly increased to 4.1 in November (4.0 in October). However, this does not change the fact that economic sentiment already passed its peak this summer. This came as no real surprise in light of the high level of growth in the last few years.
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19.12.2007
Rapidly growing significance of CEE in automotive industry
Central and Eastern Europe (CEE) has become an important factor for the world's automotive industry, which is a highly consolidated and globalised business. In 2006, the overall production of motor vehicles reached 69 million units and was dominated by three traditional automotive regions: North America, Japan and Western Europe.
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18.12.2007
BA-CA Real Invest extends market lead
Both open-ended property funds of
BA-CA Real Invest , the centre of competence ofBank Austria Creditanstalt for real estate investments, performed extremely well again in 2007. As at the end of November 2007, assets under management totalled more thanEUR 740 million . -
17.12.2007
Bank Austria Creditanstalt sells non-performing loans
Today, Bank Austria Creditanstalt (BA-CA) has completed, as planned, the sale of loans previously called for repayment. The portfolio comprises non-performing loans to retail customers with a total nominal volume of about EUR 850 million.
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17.12.2007
Bank Austria Creditanstalt sells non-performing loans
Today, Bank Austria Creditanstalt (BA-CA) has completed, as planned, the sale of loans previously called for repayment. The portfolio comprises non-performing loans to retail customers with a total nominal volume of about EUR 850 million.
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13.12.2007
Sectoral Report of Bank Austria Creditanstalt Economics Department: Austrian electrical and electronics industry to slow down
In 2007 the manufacture of electrical and electronic products has been growing only slightly slower than in 2006, whereby production is expected to increase by around 5 percent and sector sales by approximately 7 percent.
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12.12.2007
Bleak prospects for Austrian stocks and Austrian football in 2008
Regardless of which index one looks at, the development of prices on the Vienna stock exchange is expected be on the lower end of the success scale in 2008.
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11.12.2007
Holiday Euro Winter 2007: Holiday euro abroad at lowest level, despite the strong euro and the higher inflation in Austria
In comparison with December 2006, Austrians' holiday euros will be worth less this year.
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03.12.2007
The Banker names UniCredit as Bank of the Year in Central and Eastern Europe
UniCredit Group has been elected Bank of the Year 2007 in CEE and Bank of the Year 2007 in Italy by the prestigious UK financial monthly The Banker.
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29.11.2007
CEE countries continue their outstanding performance
All over the CEE region good economic performances and improved labour market conditions are driving fast accumulation of financial wealth creation.
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29.11.2007
BA-CA Purchasing Managers’ Index in November:
Austria’s industry posts strong growth
The BA-CA Purchasing Managers’ Index (PMI) rose from 52.8 to 55.0 in November. Austria’s industry was able to break from the pack in November and posted good growth in spite of the poor global conditions overall.
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20.11.2007
Bank Austria Creditanstalt Job Notice: Günter Populorum, new CFO at BA-CA Leasing
Günter Populorum (46) was appointed to the position of Chief Financial Officer (CFO) at Bank Austria Creditanstalt Leasing (BA-CA Leasing) at the beginning of November.
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15.11.2007
"Writing for CEE" 2007 prize winners awarded
The Austrian journalist Martin Leidenfrost is the winner of the "Writing for CEE" Award 2007. The award ceremony for the prize sponsored by Bank Austria Creditanstalt (BA-CA) and APA – Austrian Press Agency took place on Wednesday evening in Vienna.
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15.11.2007
BA-CA ErfolgsCup 2007: Again a Smashing Success
Fifteen rounds of the BA-CA ErfolgsCup 2007 were played on the best golf courses in Austria. Ninety of the roughly 1,500 Bank Austria Creditanstalt (BA-CA) customers who participated qualified for the grand finale held a few days ago at The PGA Sultan course in Belek, Turkey.
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14.11.2007
Results for the first nine months of 2007 (1):
Bank Austria Creditanstalt Group achieves strong profit growth
Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group, one of the leading European banking groups, achieved a significant improvement in its results in the first nine months of 2007 compared with the same period of the previous year, despite the turbulence in financial markets.
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14.11.2007
BA-CA finalizes the acquisition of the majority shareholding in ATF Bank in the Republic of Kazakhstan
Today, Bank Austria Creditanstalt AG ("BA-CA"), responsible within the UniCredit Group for commercial banking activities in CEE, has finalized the acquisition of 91.8 % of the total issued share capital of JSC ATF Bank ("ATF" or the "Bank") for a consideration of approximately
US $ 2,117 million (approximately € 1,452 million at current exchange rates). -
14.11.2007
BA-CA finalizes the acquisition of the majority shareholding in ATF Bank in the Republic of Kazakhstan
Today, Bank Austria Creditanstalt AG ("BA-CA"), responsible within the UniCredit Group for commercial banking activities in CEE, has finalized the acquisition of 91.8 % of the total issued share capital of JSC ATF Bank ("ATF" or the "Bank") for a consideration of approximately US $ 2,117 million (approximately € 1,452 million at current exchange rates).
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14.11.2007
Results for the first nine months of 2007:
Bank Austria Creditanstalt Group achieves strong profit growth
Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group, one of the leading European banking groups, achieved a significant improvement in its results in the first nine months of 2007 compared with the same period of the previous year, despite the turbulence in financial markets.
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14.11.2007
Bank Austria Creditanstalt's first nine months results 2007
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13.11.2007
Bank Austria Creditanstalt Job Notice:
Christian Forster becomes new BA-CA regional head in Carinthia
As of 1 December there is to be a change at the top of Bank Austria Creditanstalt (BA-CA) in Carinthia: Christian Forster, 48, will become the new regional head with a remit of retail and business customers.
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06.11.2007
The new UniCredit Bank starts operations in Czech Republic
The subsidiaries of UniCredit Group in the Czech Republic merged into "UniCredit Bank". The integration process of HVB Bank and Živnostenská banka was finalised on Monday 5 November.
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2.11.2007
Sector Report from the Bank Austria Creditanstalt Group Economics Department:
Machine building on a record-breaking pace again in 2007
In 2006, the Austrian machine building sector again posted one of the best performances when compared both to other industries in Austria and the sector throughout the rest of Europe. Production increased by 9.3 per cent and sales increased by 15.1 per cent, reaching about €18 bn.
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30.10.2007
BA-CA Purchasing Managers' Index in October:
Austria's industry unable to avoid the global slowdown
The BA-CA Purchasing Managers' Index (BA-CA PMI) fell from 55.4 to 52.8 in October, which is the lowest level for two years. The main trigger for the fall in the
BA-CA PMI was the decline in incoming orders. -
29.10.2007
BA-CA Money Investment Barometer on World Savings Day:
Austria's financial institutions await customer rush
Austrian financial institutions are bracing themselves for a veritable customer rush. Around two million savers, or one in four Austrians, intend to visit their bank on
World Savings Day . This is one of the findings of the currentBA-CA Money Investment Barometer , a representative survey conducted by the market research instituteFESSEL-GfK forBank Austria Creditanstalt (BA-CA). -
19.10.2007
Bank Austria Creditanstalt Asset Allocation for Q4 2007
Summer storms on the stock exchanges
The final quarter of this year is set to be dominated by the question of how much the financial crisis in the summer will leave its mark on other areas of the economy, if it has not done so already. There are definitely signs of a minor cool-down in economic activity (real estate market in the USA still weak, labour market data also slightly disappointing), but the interest rate cut of the US Federal Reserve in September fuelled the hopes of market players that the intervention of the Fed would calm things down.
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18.10.2007
UniCredit Group rolls out credits without boundaries
Cross border credits now easy and flexible to access in 20 countries
The UniCredit Group has the most comprehensive network in Europe. This enables the Group to offer a special product to its multipresent corporate customers: the
Cross Border Plus Credit . This is a custom-tailored solution, for start up companies as well as for mid- and large-sized companies, to arrange the financing of their subsidiaries in the CEE countries as well as Italy, Austria and Germany. -
17.10.2007
Bank Austria Creditanstalt Job Notice:
Ralph Müller new Director of the Retail Customer Business
A reshuffle in the top management of Bank Austria Creditanstalt (BA-CA) is to take place on 1 January 2008, when, subject to Supervisory Board approval, Ralph Müller, 39, will assume responsibility for business with domestic retail customers within the BA-CA Management Board.
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17.10.2007
South Eastern Europeans want to invest in their homes
The region of South Eastern Europe continues to deliver strong growth well above EU level. 2007 will be another year of fast growth for this region, with an expected GDP increase of 5.9%. Growth continues to be supported by lively consumption and investment activity.
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15.10.2007
BA-CA Business Indicator:
Economic mood begins to turn
Bank Austria Creditanstalt's (BA-CA) business indicator fell in September from 4.8 to 4.3. This equals the biggest drop in 2.5 years.
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11.10.2007
Foundation stone laid for Wien Mitte
The foundation stone ceremony marked the start of construction on the Wien Mitte NEU project. Wien Mitte is Vienna’s biggest inner city construction project and comprises a multifunctional building with a gross floor area of 127,000 square metres and includes building over Wien Mitte station.
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10.10.2007
Things quiet down on the ATX
Economists around the world continue to advise caution because the crisis is not yet over, but the warnings are falling on deaf ears as far as the stock markets are concerned.
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09.10.2007
Bank Austria Creditanstalt Job Notice: Stephan Knechtel heads up "Sourcing Austria & CEE"
Since 1 September, Stephan Knechtel, 44, has headed up the newly created "Sourcing Austria & CEE" division at Bank Austria Creditanstalt (BA-CA). Over the last one and a half years Knechtel has globalised and thus restructured procurements in Milan as the head of sourcing at UniCredit Italy.
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05.10.2007
Slovakia is in line with Maastricht for the euro accession in 2009
In Slovakia the inflation reached a historical low point in August, meeting the relevant Maastricht criterion for the first time.
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28.09.2007
BA-CA and KfW sign third blanket credit agreement: EUR 150 million in low-interest loans for Austrian SMEs
Bank Austria (BA-CA) has obtained EUR 150 million from Kreditanstalt für Wiederaufbau (KfW) to provide low-interest loans. This money is targeted specifically at Austrian small and medium-sized enterprises and is intended to support them with their long-term investment plans.
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27.09.2007
BA-CA Purchasing Managers' Index in September: Austria as Elysium? Industrial growth gains momentum again
The BA-CA Purchasing Managers' Index (PMI) confounded expectations again in September, rising from 54.5 to 55.4.
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24.09.2007
Study by Bank Austria Creditanstalt on "Construction & Housing": Principal banks enjoy a clear lead in decisions on borrowing
The average Austrians' "principal banks" enjoy a clear lead in terms of trust as far as financing individual construction and housing projects are concerned.
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20.09.2007
New brand strategy: UniCredit Group opts for Bank Austria brand name
UniCredit Group is introducing a master brand strategy. Under this strategy, the master brand – "UniCredit Group" – with its logo and design will be reflected in the brands used in the countries and business segments in which the Group is active. T
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20.09.2007
New brand strategy: UniCredit Group opts for Bank Austria brand name
UniCredit Group is introducing a master brand strategy. Under this strategy, the master brand – "UniCredit Group" – with its logo and design will be reflected in the brands used in the countries and business segments in which the Group is active.
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19.09.2007
Bank Austria Creditanstalt job notice:
Christina Wreth takes over as Head of Identity & Communications
Christina Wreth, 35, is the new head of the Identity & Communications department at Bank Austria Creditanstalt (BA-CA).
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14.09.2007
Storm recovery loans and credit available immediately from BA-CA
In the face of the floods and the resulting damage to buildings and consumer goods,
Bank Austria Creditanstalt (BA-CA ) is once again offering particularly attractive finance, as it did in April 2006, as a matter of priority in parts of Lower Austria, which is available immediately to help flood victims. -
14.09.2007
BA-CA Business Indicator:
Austrians remain optimistic despite financial market upheaval
In August, the value of the business indicator of
Bank Austria Creditanstalt (BA-CA ) remained unchanged at 4.7. Spirits remained high in Austria, both in industry as well as amongst consumers, even rising again slightly after the downturn in July. It was only industry in the euro area that experienced a slight downturn in sentiment once again. -
31.08.2007
Bank Austria Creditanstalt job notice: Martin Halama appointed new Press Officer for Austria
Martin Halama, 43, will assume the function of Press Officer for Austrian business at Bank Austria Creditanstalt (BA-CA) with effect from 3 September.
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30.08.2007
BA-CA Purchasing Managers’ Index in August:
Brief correction: industry growth swells again
The BA-CA Purchasing Managers' Index climbed up to 54.5 in August, after having improved modestly to 53.8 in July (any values over 50 signal growth).
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23.08.2007
Turkish real estate market: just as attractive as South Eastern Europe, but twice as big
The Turkish real estate market is at least as attractive for commercial real estate investors and developers as the growth region South Eastern Europe.
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22.08.2007
Don't kiss the carry trade good-bye
Carry trades - investing in high yield currencies funded by loans in low yield currencies - were among the most popular trading strategies in the course of the last few years.
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20.08.2007
BA-CA Business Indicator: Economic growth this year stronger than expected, loss of momentum for 2008 confirmed
In July the business indicator of Bank Austria Creditanstalt (BA-CA) fell from its record high of 4.9 to 4.7.
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14.08.2007
BA-CA Real Invest on a spending spree in Germany
In March 2007, BA-CA Real Invest was the first company in Austria to launch a second open-ended property fund, "Real Invest Europe", for subscription.
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03.08.2007
New CFO in BA-CA
Johann Strobl is leaving Bank Austria Creditanstalt (BA-CA). Johann Strobl, 47, has been a member of the Management Board of BA-CA since 2004 and Chief Financial Officer (CFO) since 2006. He will leave the bank at his own request in order to assume a new function outside the Group.
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03.08.2007
New CFO in BA-CA
Johann Strobl is leaving Bank Austria Creditanstalt (BA-CA).
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03.08.2007
Results for the first six months of 2007:
Bank Austria Creditanstalt as part of UniCredit Group on growth path
Bank Austria Creditanstalt (BA-CA) continued to increase its earnings power substantially in the first six months of 2007. Contributions to this strong performance came from all of the bank's Divisions.
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03.08.2007
Bank Austria Creditanstalt's first six months results 2007
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03.08.2007
Results for the first six months of 2007:
Bank Austria Creditanstalt as part of UniCredit Group on growth path
Bank Austria Creditanstalt (BA-CA) continued to increase its earnings power substantially in the first six months of 2007. Contributions to this strong performance came from all of the bank's Divisions.
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02.08.2007
New Set Up for UniCredit’s Global Banking Services (GBS)
UniCredit Group’s GBS (Global Banking Services) activities, headed by Deputy CEO Paolo Fiorentino, are being structured along four newly formed departments, which will be headed by Massimo Milanta, Matthias Sohler, Paolo Cederle and Robert Zadrazil, it was announced today.
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30.07.2007
BA-CA Purchasing Manager's Index in July:
Industry keeps its summer break short
The Bank Austria Creditanstalt Purchasing Manager's Index (BA-CA PMI) rose again slightly in July from 53.5 to 53.8 after its dip in June. This is indicative of stabilising industrial growth
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30.07.2007
BA-CA combines investment banking activities within CA IB
With the intention to further strengthen its investment banking activities, Bank Austria Creditanstalt (BA-CA) will combine them under the roof of CA IB and under the operating management of Willi Hemetsberger.
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27.07.2007
Bank Austria Creditanstalt acquires FactorBank
Bank Austria Creditanstalt (BA-CA) is taking over FactorBank. BA-CA acquires 38 per cent of the shares in FactorBank from Raiffeisen Zentralbank and 10 per cent of FactorBank's shares from Oberbank.
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27.07.2007
Bank Austria Creditanstalt acquires FactorBank
Bank Austria Creditanstalt (BA-CA) is taking over FactorBank. BA-CA acquires 38 per cent of the shares in FactorBank from Raiffeisen Zentralbank and 10 per cent of FactorBank's shares from Oberbank.
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26.07.2007
Willi Hemetsberger Presents Investment Guide for Turkey
The newly released "Turkey – Profile of a Converging Economy" offers investors a comprehensive look at this booming market on the Bosporus.
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19.07.2007
BA-CA Money Investment Barometer:
"Contingency Fund" Greatest Motivation to Save
Building up a "contingency fund" is the single most frequent motivation for Austrians to save.
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17.07.2007
BA-CA voted best bank in Austria
The renowned UK finance magazine Euromoney has awarded Bank Austria Creditanstalt (BA-CA) the title of "Best Bank in Austria 2007".
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17.07.2007
UniCredit Board of Directors appoints Sergio Ermotti, Paolo Fiorentino and Roberto Nicastro as Deputy CEOs
In its regular Board meeting of July 17, UniCredit Group Board of Directors approved CEO Alessandro Profumo's proposal to appoint Sergio Ermotti, Paolo Fiorentino and Roberto Nicastro as Deputy CEOs directly reporting to him.
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13.07.2007
BA-CA Economic Indicator:
Modest consumption despite buoyant sentiment, but inflation spike round the corner
In June the economic indicator of Bank Austria Creditanstalt (BA-CA) rose to 4.9, yet another record high.
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12.07.2007
Bank Austria Creditanstalt Asset Allocation for Q3 2007: Forecast good, but brief showers possible
International equities markets continued on their merry way during the first half of the year, even though some soft patches did manage to dampen the optimistic stock exchange sentiment from time to time, while volatility has also risen sharply recently.
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06.07.2007
Holiday Euro Summer 2007:
"Holiday Euro" at Record Low Value Abroad
While the value of the holiday euro has increased slightly in the most popular vacation destination, Italy, for the first time in years, the value of the holiday euro has fallen in many other popular countries because of inflation and relative value gains.
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06.07.2007
Vienna Stock Exchange: Real Estate Stocks Cheaper Than Ever
After falling steadily in price since the first quarter, Viennese real estate stocks have now reached especially attractive valuation levels. The prices are approaching those seen 12 months ago, spurring the analysts at UniCredit (CA IB) to take a closer look at the sector.
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05.07.2007
BA-CA signs agreement to acquire majority shareholding in Ukrsotsbank in Ukraine
Bank Austria Creditanstalt AG (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed an agreement to acquire approximately 95 percent of the share capital of Ukrsotsbank (USB) from the group of investors represented by Interpipe Group.
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05.07.2007
BA-CA signs agreement to acquire majority shareholding in Ukrsotsbank in Ukraine
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05.07.2007
BA-CA signs agreement to acquire majority shareholding in Ukrsotsbank in Ukraine
Bank Austria Creditanstalt AG (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed an agreement to acquire approximately 95 percent of the share capital of Ukrsotsbank (USB) from the Group of investors represented by Interpipe Group.
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03.07.2007
Federico Ghizzoni new BA-CA Board Member
Since 1 July 2007, Federico Ghizzoni is the new member of BA-CA’s Management Board with responsibility for the CEE business. At the same time, he was appointed as the new Head of Poland’s Markets Division within UniCredit Group.
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28.06.2007
BA-CA Purchasing Managers’ Index in June: After a good Q2, orders from abroad decline for first time
After rising slightly in May, the Purchasing Managers’ Index of Bank Austria Creditanstalt (BA-CA) fell again in June from 54.1 to 53.5.
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27.06.2007
BA-CA opens representative office in Montenegro
Bank Austria Creditanstalt (BA-CA), responsible for Central and Eastern Europe within UniCredit Group, opened a representative office in Montenegro.
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21.06.2007
BA-CA signs agreement to acquire ATF Bank in Kazakhstan
Bank Austria Creditanstalt (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed a share purchase agreement with private shareholders to acquire a majority shareholding in ATF Bank today.
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21.06.2007
BA-CA signs agreement to acquire ATF Bank in Kazakhstan
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21.06.2007
BA-CA signs agreement to acquire ATF Bank in Kazakhstan
Bank Austria Creditanstalt (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed a share purchase agreement with private shareholders to acquire a majority shareholding in ATF Bank today.
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20.06.2007
BA-CA to acquire a 9.97% interest in its Russian subsidiary IMB
Today, Bank Austria Creditanstalt (BA-CA) has given notice to the European Bank for Reconstruction and Development (EBRD) to exercise its call option to acquire 12,978 common shares of its Russian subsidiary International Moscow Bank (IMB), representing a shareholding of 2.79 per cent of IMB’s total share capital.
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20.06.2007
BA-CA to acquire a 9.97% interest in its Russian subsidiary IMB
Today, Bank Austria Creditanstalt (BA-CA) has given notice to the European Bank for Reconstruction and Development (EBRD) to exercise its call option to acquire 12,978 common shares of its Russian subsidiary International Moscow Bank (IMB), representing a shareholding of 2.79 per cent of IMB’s total share capital.
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14.06.2007
BA-CA Economic Indicator: Dip in consumption should be overcome
In May the economic indicator of Bank Austria Creditanstalt (BA-CA) rose to 4.7, its highest level since 1990.
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13.06.2007
BA-CA's SME financier, EK Fin, is to take over the German Moll Group
EK Mittelstandsfinanzierungs AG (EK Fin) is acquiring 80% of the shares in the German mechanical engineering group, the Moll Group.
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05.06.2007
Further interest hikes due in second half of year
A balanced macro environment coupled with continued low volatility in growth and inflation figures has enabled central banks to continue their steady process of normalisation.
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04.06.2007
The new UniCredit Tiriac Bank starts operations in Romania
The merger of the UniCredit Group banking subsidiaries in Romania, HVB Tiriac Bank and UniCredit Romania was finalised on 1 June by creating a new financial institution, UniCredit Tiriac Bank. UniCredit Tiriac Bank is the fourth largest bank in Romania with 3.7 billion Euro total assets, more than 600,000 customers and an extensive network of 132 branches.
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30.05.2007
BA-CA Purchasing Managers’ Index in May:
Less support for industry from exports
The Purchasing Managers’ Index of Bank Austria Creditanstalt (BA-CA) recovered somewhat after the sharp fall in April, rising from 52.9 to 54.1.
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25.05.2007
Sectoral Report of Bank Austria Creditanstalt Economics Department:
Austrian chemical industry posts record sales revenue in 2006
The chemical sector in Austria recorded an increase in turnover of 17.7 percent in 2006. Yet this record figure did not translate into corresponding gains in earnings.
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24.05.2007
BA-CA intensifies cooperation with Russian bank to support future growth of Austrian exports
On the occasion of the state visit by Russia's President Vladimir Putin in Vienna, Bank Austria Creditanstalt (BA-CA) has signed two cooperation agreements with Vnesheconombank (VEB), the Russian Bank for Foreign Economic Affairs.
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23.05.2007
Journalism prize "Writing for CEE" to be awarded for a fourth time
For the fourth time, Bank Austria Creditanstalt (BA-CA), a member of the UniCredit Group, in co-operation with the APA – Austria Presse Agency is announcing the prestigious journalism prize "Writing for CEE".
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22.05.2007
Bank Austria Creditanstalt Job Notice: Gerald Krenn New Head of Retail Marketing
On 1 May Gerald Krenn, 39, became the new Head of Retail Marketing. He succeeded Martin Hehemann, 42, who has been appointed Head of Brand Management at the UniCredit Group Holding but who will remain responsible for the Identity & Communications department at Bank Austria Creditanstalt (BA-CA).
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21.05.2007
UniCredit Group CEE analysis:
CEE households continue to improve their standards of living
In 2006, financial assets held by CEE households continued to increase, posting double-digit growth for the third year in a row to reach EUR 583 billion (+14 per cent, 2005: EUR 510 billion), or 57 per cent of GDP.
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15.05.2007
Bank Austria Creditanstalt Job Notice:
Martin Steininger becomes Board Member at Mezzanin Finanzierungs AG
Starting from June, Martin Steininger (33) will be a new Board Member at Mezzanin Finanzierungs AG. He is replacing Christian Künzl.
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14.05.2007
BA-CA Business indicator:
Strong first quarter pushes growth in 2007 to over 3 percent
The economic indicator of Bank Austria Creditanstalt (BA-CA) rose in April to 4.7, its highest level since 1990.
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07.05.2007
Global Finance awards UniCredit Group Best Investment Bank in CEE
The financial magazines Global Finance and Acquisitions Monthly have acknowledged the outstanding role of UniCredit Group in the field of investment banking in Europe.
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04.05.2007
Specialist bank presents its 2006 accounts: Continuing success of Mezzanin Finanzierungs AG
Mezzanin Finanzierungs AG, Austria's first specialist bank for mezzanine capital, which was only founded in 2002, has again made a profit in financial year 2006.
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04.05.2007
BA-CA: Annual General Meeting approves squeeze-out
At the Annual General Meeting of Bank Austria Creditanstalt (BA-CA), the squeeze-out of minority shareholders against a cash compensation of EUR 129.4 was approved yesterday evening with a majority of 98.6 per cent of the voting rights (under the new Austrian Squeeze-out Act).
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04.05.2007
BA-CA: Annual General Meeting approves squeeze-out
At the Annual General Meeting of Bank Austria Creditanstalt (BA-CA), the squeeze-out of minority shareholders against a cash compensation of EUR 129.4 was approved yesterday evening with a majority of 98.6 per cent of the voting rights (under the new Austrian Squeeze-out Act).
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02.05.2007
Results for the first three months of 2007*:
New CEE subsidiaries are driving Bank Austria Creditanstalt's growth as expected
The integration of the new subsidiaries in Central and Eastern Europe has given a strong impetus to the growth of Bank Austria Creditanstalt (BA-CA). In the first three months of 2007, consolidated profit rose by 73.8 per cent to EUR 535 million (Q1 2006: EUR 308 million).
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02.05.2007
Results for the first three months of 2007*:
New CEE subsidiaries are driving Bank Austria Creditanstalt's growth as expected
The integration of the new subsidiaries in Central and Eastern Europe has given a strong impetus to the growth of Bank Austria Creditanstalt (BA-CA). In the first three months of 2007, consolidated profit rose by 73.8 per cent to EUR 535 million (Q1 2006: EUR 308 million).
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02.05.2007
Bank Austria Creditanstalt's first quarter results 2007
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02.05.2007
The takeover fever gripping stock markets has reached Austria
The positive market sentiment prevailing on global stock markets and the vast amounts of liquidity sloshing around companies and investment companies looking for attractive investments give grounds for hoping for some exciting developments.
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30.04.2007
Sectoral report by Bank Austria Creditanstalt Economics: Plastics processing closes 2006 with double-digit rise in sales
Rubber and plastics manufacture, or plastics processing for short, increased its output in Austria by 16 percent and sales by 14 percent in 2006. Total sales in the last year stood at EUR 5.1 billion.
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28.04.2007
New destinations for expansion in the CEE growth market
UniCredit Group aims to expand its leading position and pursue further growth in the fast-growing region of Central and Eastern Europe. Based on organic growth, the Group will open some 200 new branches by the end of 2008.
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27.04.2007
The newly formed "UniCredit Bulbank" starts in Bulgaria
The subsidiaries of
UniCredit Group in Bulgaria, the three banks Bulbank,HVB Bank Biochim andHebros Bank , merged into"UniCredit Bulbank" as of27 April 2007 when the last court registration to the new entity has been granted. -
27.04.2007
BA-CA Purchasing Managers’ Index in April:
Industrial activity in Austria past its peak
The Purchasing Managers’ Index of Bank Austria Creditanstalt (BA-CA) fell again in April from 55.6 to 52.9 (values above 50 indicate growth), its lowest level since October 2005.
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24.04.2007
Bank Austria Creditanstalt Job Notice:
Andrea Staufer-Waldert New Regional Director Lower Austria West
A new regional director has been appointed to the Lower Austria West region. As of 1 May 2007 Andrea Staufer-Waldert, 42, will head the Private and Corporate Business of Bank Austria Creditanstalt (BA-CA).
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24.04.2007
Bank Austria Creditanstalt Job Notice:
Wolfgang Schilk New Head of Retail Credit
Wolfgang Schilk, 40, has been appointed head of the Retail Credit department as of 1 May 2007. In this capacity Schilk will bear overall responsibility for the financing business in the Private and Corporate Customers segment.
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20.04.2007
UniCredit Group is official sponsor of UEFA EURO 2008
The UniCredit Group has decided to back UEFA EURO 2008 as one of its four national supporters.
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19.04.2007
Renate Graber wins the 2006 Horst Knapp Prize
Renate Graber, Economics Editor of the daily newspaper "DER STANDARD", has been awarded the highly prestigious Professor Horst Knapp Prize by Bank Austria Creditanstalt (BA-CA) for her journalistic achievements in 2006.
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18.04.2007
Turkey on the fast track
The impressive progress made by Turkey in the last five years in terms of economic stability and convergence towards European standards has dramatically increased the attractiveness of the country for foreign investors, especially for European investors (in parallel with the Turkish convergence process to the European Union).
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18.04.2007
Bernadett Tátrai ist neuer Vorstand der BA-CA Tochter in Ungarn
Bernadett Tátrai ist seit 16. April 2007 als neues Vorstandsmitglied für das Privatkundengeschäft sowie als stellvertretende Vorstandsvorsitzende der ungarischen Tochterbank der Bank Austria Creditanstalt (BA-CA), der
UniCredit Bank Hungary , tätig. -
18.04.2007
BA-CA comments on the initiation of proceedings of the Austrian Takeover Commission upon application by a London-based hedge fund: BA-CA again rejects allegations of Polygon hedge fund
Bank Austria Creditanstalt makes the following statements in response to the Polygon hedge fund's application, published in today's "Amtsblatt der Wiener Zeitung" (Official Gazette), for proceedings to be initiated by the Austrian Takeover Commission.
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18.04.2007
BA-CA comments on the initiation of proceedings of the Austrian Takeover Commission upon application by a London-based hedge fund: BA-CA again rejects allegations of Polygon hedge fund
Bank Austria Creditanstalt makes the following statements in response to the Polygon hedge fund's application, published in today's "Amtsblatt der Wiener Zeitung" (Official Gazette), for proceedings to be initiated by the Austrian Takeover Commission.
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18.04.2007
BANKPRIVAT strengthens Managing Board
Owing to strong growth, BANKPRIVAT is adding two new members to its Managing Board: on 1 June 2007 Rudolf Weininger, 48, and Nikolaus Hetfleisch, 50, will be joining the bank's Board of Directors.
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13.04.2007
BA-CA Business indicator:
Economy remains robust despite US downturn and strong euro
The economic indicator of Bank Austria Creditanstalt (BA-CA) remained at a high level again in March at 4.4, down only marginally on its high in February of 4.5.
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11.04.2007
BA-CA Wohnbaubank asserts its dominance of the market in 2006
BA-CA Wohnbaubank has closed financial year 2006 with an excellent result and increased its total issuance volume by EUR 326 million to EUR 3.8 billion, which more than a third of all the residential construction bonds in circulation in Austria.
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06.04.2007
Bank Austria Creditanstalt Asset Allocation for Q2 2007: Stock market correction survived in good health – equities outlook positive
If you take a look over the last twelve months from the end of March 2007, two corrections are visible on the international equities markets, the first in the early summer of 2006 and the second, softer adjustment at the end of February / beginning of March 2007.
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04.04.2007
Ukraine – Wirtschaftliche Auswirkungen der politischen Krise eher moderat
Nach der Entscheidung von Präsident Viktor Juschtschenko das Ukrainische Parlament, die Verchowna Rada, aufzulösen muss nun der ukrainische Verfassungsgerichtshof beurteilen, ob diese Auflösung rechtskräftig ist.
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04.04.2007
Moneta to leave the Group to pursue a new career opportunity. Ghizzoni will be presented to Governing Boards as proposed successor.
Andrea Moneta is set to leave the Group to pursue a new career opportunity.
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04.04.2007
Moneta to leave the Group to pursue a new career opportunity. Ghizzoni will be presented to Governing Boards as proposed successor.
Andrea Moneta is set to leave the Group to pursue a new career opportunity.
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03.04.2007
The fourth largest Slovakian bank starts operations
HVB Bank Slovakia and UniBanka, the two banks of UniCredit Group in Slovakia, finalized their integration process on 2 April 2007.
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29.03.2007
BA-CA Purchasing Managers' Index in March:
Industry growth still robust, but clear signs of slowdown
The Purchasing Managers' Index of Bank Austria Creditanstalt (BA-CA) fell in March from 57.8 to 55.6 (values above 50 indicate growth), the lowest level for one year.
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28.03.2007
TPA Horwath confirms the Cash Compensation for the BA-CA Squeeze-out
Today, TPA Horwath Wirtschaftsprüfung GmbH (“TPA Horwath”), the independent auditor appointed by the competent commercial court of Vienna, has released its report on the cash compensation to be paid in the context of envisaged BA-CA squeeze-out.
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28.03.2007
TPA Horwath confirms the Cash Compensation for the BA-CA Squeeze-out
Today, TPA Horwath Wirtschaftsprüfung GmbH (“TPA Horwath”), the independent auditor appointed by the competent commercial court of Vienna, has released its report on the cash compensation to be paid in the context of envisaged BA-CA squeeze-out.
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27.03.2007
Bank Austria Creditanstalt Job Note: Erich Mayer new General Manager at BA-CA Finanzservice
Bank Austria Creditanstalt (BA-CA) Finanzservice is getting a new two-person management team: Erich Mayer, 50, assumed responsibility for personnel, finances, controlling, organisation, IT and product support at the beginning of March.
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26.03.2007
BA-CA squeeze-out: Cash consideration set at EUR 129.4 per share
Today, UniCredito Italiano S.p.A. (UniCredit) and the Management Board of Bank Austria Creditanstalt AG (BA-CA) fixed the cash compensation to be paid for the planned squeeze-out at an amount of EUR 129.4 per share.
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26.03.2007
Cash Consideration for the BA-CA Squeeze-out Set at Euro 129.4 per Share
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26.03.2007
BA-CA squeeze-out: Cash consideration set at EUR 129.4 per share
Today, UniCredito Italiano S.p.A. (UniCredit) and the Management Board of Bank Austria Creditanstalt AG (BA-CA) fixed the cash compensation to be paid for the planned squeeze-out at an amount of EUR 129.4 per share.
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22.03.2007
Results for the 2006 financial year:
BA-CA increases operating performance significantly
Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group, increased its adjusted profit before tax by 21 per cent to EUR 1.5 billion. In total its profit before tax increased to EUR 3.3 billion (2005: EUR 1.3 billion).
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22.03.2007
BA-CA: Results for the 2006 financial year
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22.03.2007
Results for the 2006 financial year:
BA-CA increases operating performance significantly
Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group, increased its adjusted profit before tax by 21 per cent to EUR 1.5 billion. In total its profit before tax increased to EUR 3.3 billion (2005: EUR 1.3 billion).
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20.03.2007
Holiday Euro Spring 2007: Holiday euro worth more overseas, less in neighbouring countries
On average, the holiday euro is worth as much abroad in spring 2007 as it was last year. However, the calculations of the Bank Austria Creditanstalt (BA-CA) economists show that there have been a number of changes in the price ratios.
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20.03.2007
Bank Austria Creditanstalt Job Notice:
Stephan Knechtel assumes role of Procurement Director in UniCredit and for Central and Eastern Europe
In addition to his responsibilities as head of procurements at
Bank Austria Creditanstalt (BA-CA), Stephan Knechtel, 43, has now also taken over the same duties forUniCredit Italy . He is therefore in charge of "Global Procurement" in Italy, Austria and 14 countries of Central and Eastern Europe (CEE). -
19.03.2007
UniCredit Group concludes the reorganisation of Central Eastern European banking business:
BA-CA is the competence centre for banking activities in CEE
UniCredit Group has, with the closing of the CEE transfers to
BA-CA , completed the reorganisation of its Central Eastern European banking business. -
19.03.2007
UniCredit Group concludes the reorganisation of Central Eastern European banking business: BA-CA is the competence centre for banking activities in CEE
UniCredit Group has, with the closing of the CEE transfers to
BA-CA , completed the reorganisation of its Central Eastern European banking business. -
19.03.2007
Bank Austria Creditanstalt Group Economics Sector Report:
Austrian Tourism Industry Shows its Competitive Strength
The domestic tourism sector was not able to increase the number of overnight stays in 2006, but still upped its revenue by 4 per cent. Foreign and domestic holidaymakers spent nearly EUR 20 million in Austria last year.
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14.03.2007
BA-CA Economic Indicator:
2007 will not surpass 2006
The economic indicator of Bank Austria Creditanstalt (BA-CA) in February remained at the record level achieved in January of 4.5. The continued rise in consumer and business sentiment in Austria has kept the BA-CA economic indicator in a lofty position despite the less positive sentiment in business throughout the euro area.
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09.03.2007
UniCredit Markets & Investment Banking solidifies its market image in Austria and CEE
The UniCredit Group Division Markets & Investment Banking has unified its market image at the global level, in order to highlight its size and power as effectively as possible.
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09.03.2007
BA-CA Leasing acquires remaining 50% holding in subsidiary BA-CA Fuhrparkmanagement
Bank Austria Creditanstalt Leasing (BA-CA Leasing) has purchased the other half of its subsidiary firm BA-CA Fuhrparkmanagement.
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08.03.2007
Bank Austria Creditanstalt Job Notices:
A new Director for the Private Customers segment in Upper Austria
A change of management is looming at the top of Bank Austria Creditanstalt (BA-CA) in Upper Austria: with effect from 2 May 2007 Heinz Martinek, 55, will take over the role of Regional Director for Private and Corporate Customers.
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28.02.2007
Slovakia is the frontrunner for euro accession in 2009
Among Central Eastern European countries (CEE), Slovakia is the frontrunner for euro accession in 2009, after Slovenia adopted the euro at the beginning of 2007.
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27.02.2007
BA-CA Purchasing Managers' Index in February:
Industry must expand capacities continuously
The decline in the BA-CA Purchasing Managers' Index in January was followed in February by another increase.
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20.02.2007
Bank Austria Creditanstalt Job Notice:
Christian Suppanz new CRO of Zagrebacka Banka
Christian Suppanz, 56, has been appointed new Chief Risk Officer of Zagrebacka Banka as of 4 February.
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14.02.2007
Bank Austria Creditanstalt Job Notice:
Gerald Krenn head of Customer Satisfaction Management
On 1 November 2006
Gerald Krenn took over as head of the newly created Customer Satisfaction Management unit in the Austrian private customer segment ofBank Austria Creditanstalt (BA-CA ). -
14.02.2007
BA-CA Business Indicator:
Economy remains buoyant in Q1 2007
The Bank Austria Creditanstalt (BA-CA) business indicator rose from 4.1 to 4.5 in January.
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13.02.2007
Bank Austria Creditanstalt job notice: Regina Prehofer's employment contract renewed for three years
The Supervisory Board of Bank Austria Creditanstalt (BA-CA) has renewed the employment contract of Regina Prehofer, the Management Board member responsible for corporate banking at BA-CA, for three years until 2010.
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05.02.2007
Bank Austria Creditanstalt Job Notice: Ulrike Frühwirth and Kurt Guwak are the new heads of the Corporates and Retail Human Resources divisions
Ulrike Frühwirth, 48, has been appointed head of the newly created Corporates Human Resources unit at Bank Austria Creditanstalt (BA-CA). Kurt Guwak, 47, is to head the Retail Human Resources & Communication unit, which was set up at the same time.
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02.02.2007
Full Steam Ahead as Vienna Stock Exchange Enters New Year
The Vienna stock market continues to offer numerous incentives. On the one hand, it is not too expensive, and on the other, the economic environment for ATX companies is looking extremely good.
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30.01.2007
BA-CA Purchase Managers' Index in January:
Rapid industrial growth slows
Following the sharp rise in the BA-CA Purchase Managers' Index (BA-CA PMI) during the past year, growth is likely to have peaked in November 2006. Having fallen slightly for the first time in December to 57.7, the PMI recorded a perceptible downturn to 56.0 in January.
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29.01.2007
Provide capital, not charity
Bank Austria Creditanstalt (BA-CA) is supporting Oikocredit Initiative Austria with a payment of EUR 20,000.
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26.01.2006
Bank Austria Creditanstalt job notice: Martin Hehemann assumes a function within UniCredit Group holding company
Martin Hehemann is responsible within Bank Austria Creditanstalt (BA-CA) for communications and retail marketing.
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25.01.2007
BA-CA’s Supervisory Board has decided on provisions
The Supervisory Board of Bank Austria Creditanstalt (BA-CA) approved a restructuring plan regarding infrastructure investment, reorganisation and restructuring measures in the Retail Division, the Corporate Division, in Markets and Investment Banking, Global Banking Services, Support Services and Risk Management.
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25.01.2007
BA-CA’s Supervisory Board has decided on provisions
The Supervisory Board of Bank Austria Creditanstalt (BA-CA) approved a restructuring plan regarding infrastructure investment, reorganisation and restructuring measures in the Retail Division, the Corporate Division, in Markets and Investment Banking, Global Banking Services, Support Services and Risk Management.
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25.01.2007
BA-CA’s Supervisory Board has decided on provisions
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23.01.2007
CA IB Named Best Investment Bank
The financial magazine Finance New Europe named CA IB the best investment bank in Central and Eastern Europe for the second time in a row.
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19.01.2007
Bank Austria Creditanstalt Asset Allocation for Q1 2007: Successful start to new stock market year
After what in principle was a very pleasing stock exchange year in 2006 the equity markets have kept their momentum going into the New Year, even though the very first trading days were somewhat volatile.
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18.012007
BA-CA Business Indicator: Austria Increases Real Income Lead Again
The Bank Austria Creditanstalt (BA-CA) business indicator fell slightly in December from 4.2 to 4.1, but remained above 4 for the fourth time in a row.
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17.01.2007
CEE countries gaining the edge in medium/high tech sectors
The Central and Eastern European (CEE) countries are definitely among the winners in international trade performance in the past decade.
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17.01.2007
BA-CA Real Invest sells real estate package worth EUR 200 million
BA-CA Real Invest has sold a package of seven office properties in Prague and Warsaw for more than EUR 198 million to a fund of the global company Pramerica Real Estate Investors.
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16.01.2007
Phishing, Pharming & Co: Confidence of bank customers in Internet Banking remains high
Nine out of ten Austrians who have a bank account with access to Internet Banking trust the security precautions taken by their bank for online money transactions.
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16.01.2007
Bank Austria Creditanstalt Job Notice:
Ruth Fritzer heads up Corporates Marketing at BA-CA
Ruth Fritzer, 38, has taken over the management of the newly created department of "Corporates Marketing" at Bank Austria Creditanstalt (BA-CA). In this capacity she is in charge of all marketing activities in the field of corporate clients and reports directly to Regina Prehofer, member of the Managing Board.
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11.01.2007
BA-CA completes the acquisition from HVB of the Russian bank IMB
HVB has sold its interest of 70.26 per cent in International Moscow Bank (IMB) to BA-CA in cash for a price totalling € approx. 1 billion.
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11.01.2007
BA-CA completes the acquisition from HVB of the Russian bank IMB
Bank Austria Creditanstalt (BA-CA) has, today at 11:11 o’clock, completed the acquisition of the majority interest held in International Moscow Bank (IMB) by HVB.
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09.01.2007
BA-CA to acquire Russian IMB
Bank Austria Creditanstalt (BA-CA) will take over the majority interest in International Moscow Bank (IMB). With total assets of about US$ 7.7 billion, IMB is the ninth-largest Russian bank.
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04.01.2007
BA-CA Sentiment Indicator: Austria optimistic about 2007
Austria is optimistic about 2007. 33 percent of all Austrians believe that the economic conditions of their country will be better this year than in 2006, contrasted with the 15 percent who believe the situation will get worse.
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03.01.2007
UniCredit Group wins several awards for its CEE activities
The US financial magazine "Global Finance" named UniCredit Group "Best Trade Finance Bank in Central and Eastern Europe".
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02.01.2007
BA-CA today celebrates 100th anniversary of Zentralsparkasse
Today, exactly one hundred years ago on 2 January 1907, Zentralsparkasse (Central Savings Bank) of the City of Vienna opened its doors to customers in the old City Hall building in Wipplingerstraße.