The new online banking of Bank Austria.


The online banking for companies.

olbImgAlt To the MegaCard GoGreen-youth account
MegaCard GoGreen-youth account. The free MegaCard GoGreen-youth account for everyone from 10 to 20 years, and receive a welcome gift. To the MegaCard GoGreen-youth account

UniCredit Group: Bank Austria Creditanstalt finalizes the acquisition of a majority stake in Ukrsotsbank

Today Bank Austria Creditanstalt AG (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE has finalized the acquisition of 94.2% of the total issued share capital of Ukrsotsbank (USB) from a group of investors represented by EastOne, an international investment advisory firm (the "Selling Shareholders").

The purchase price at closing is €1,525.5 million (or around US $2,211.2 million at current exchange rates), which includes the pro-rata capital increase subscribed by the Selling Investors in June 2007. In addition, the final consideration will include a post-closing adjustment to be based on USB’s net asset value at closing.

Credit Suisse and UniCredit Markets & Investment Banking acted as financial advisors to UniCredit and BA-CA, with Allen&Overy acting as legal advisor.

 IR Release download (PDF; 51 KB)

Contact: BA-CA Investor Relations
Günther Stromenger
Phone: +43 (0) 50505 – 87230
E-mail: guenther.stromenger@ba-ca.com