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30.12.2009
Bank Austria Purchasing Managers' Index for December:
Positive end to the year for Austrian industry
"Business continued to improve for Austria's industry in December. Following the catastrophic beginning, 2009 is ending on a mildly positive note, thanks to the sustained recovery in domestic manufacturing since the summer," said Bank Austria's chief economist Stefan Bruckbauer, discussing the latest survey results of the Bank Austria Purchasing Managers' Index, which edged slightly higher to 50.8 points.
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28.12.2009
Bank Austria sells HYPERION Immobilienvermietung
Company sold by tender to SIGNA Holding, which submitted the best offer
Last Wednesday Bank Austria completed the sale of HYPERION Immobilienvermietungsges.m.b.H. as planned. Following a single-stage bidding process, the company was sold by tender to SIGNA Holding of the Tyrolean real estate investor Rene Benko, which submitted the best offer.
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28.12.2009
EK Fin invests in Forstinger
EK Fin has acquired a minority interest in Forstinger Handel und Service GmbH. The former sole shareholder, Better Place, will retain the remaining shares.
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18.12.2009
Holiday Euro Winter 2009:
"Holiday Euro" considerably more expensive in several overseas destinations
The Holiday Euro has hardly changed at close European destinations this winter over one year earlier.
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18.12.2009
Mezzanine capital provides financing solution for Roses Fashion Outlet Center
The good development of Roses Fashion Outlet Center, which opened one year ago, was one of the reasons why the Austrian operator promptly decided to increase the first project phase by around 3,000 m² of office space.
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11.12.2009
UniCredit Private Banking Asset Allocation and Outlook for 2010:
Will the stock exchange thaw continue?
After share indices of many Western countries have increased by more than 60 per cent from the low in March, there is growing concern about how long the party on the stock exchanges is going to last. At the same time it has to be taken into consideration, however, that the currently sufficient liquidity favours investment in riskier assets.
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10.12.2009
Bank Austria customers donate EUR 110,000 to help children with cancer
Bank Austria customers have donated around EUR 110,000 for St. Anna Children's Cancer Research over the last 12 months (as of 1 November 2009). During a visit to the research institute today, Bank Austria's chairman of the Management Board, Willi Cernko, presented a symbolic check to the head of the institute, Professor Helmut Gadner.
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10.12.2009
Bank Austria supports qualification project for young people
The objective of the charity campaign by Bank Austria in connection with the 2009 KünstlerSparbuch savings book was to increase mobility for the young participants of the “space!lab” project. For each KünstlerSparbuch savings book opened, Bank Austria donated 50 cents.
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04.12.2009
UniCredit Group received seven awards by "The Banker"
UniCredit Group has won seven prestigious awards attributed by "The Banker", the reference magazine part of the FT Group. Those recognitions come on top of the award for the "Best investment bank in CEE" received in October, bringing the total number of awards attributed this year by The Banker to UniCredit Group to a record eight.
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04.12.2009
Bank Austria Business Indicator:
Recovery proceeding more quickly, risk of disappointment increasing
The recovery of the Austrian economy is continuing. The Bank Austria Business Indicator left negative territory for the first time in 13 months in November and rose to 0 (October minus 0.4).
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03.12.2009
UniCredit Group publishes capital market outlook for 2010
According to an analysis just completed by UniCredit Group, the general conditions will remain positive for the stock markets into the coming year. UniCredit Group expects the Euro STOXX 50 and the ATX to reach slightly higher levels and expects that the euro will remain very strong against the US dollar. The ECB is not expected to raise its interest rates until 2011.
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03.12.2009
Bank Austria inaugurating new competence centre on Stephansplatz square
On December 2, Bank Austria Chairman of the Management Board Willibald Cernko inaugurated the new Bank Austria competence centre at Stephansplatz 2 opposite the cathedral.
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27.11.2009
Bank Austria Purchasing Managers' Index for November:
Austria's industry takes a breather
As expected, the path of recovery is proving to be stony for Austrian industry. The latest Bank Austria Purchasing Managers' Index has slipped back just under the growth threshold of 50 points.
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26.11.2009
Real Invest plans new investment property at
"Petrusgasse 1A, 1030 Vienna"
Bank Austria Real Invest's latest investment property project Petrusgasse 1A at Vienna-Landstraße is a harmonious mix of excellent location, superior infrastructure and carefully conceived flat designs. This quiet residential area will soon be home to 26 top-notch retirement flats with useful floor spaces of up to 70m2.
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18.11.2009
Writing for CEE journalism prize goes to Florian Klenk
Florian Klenk, the deputy editor of the Viennese newspaper Falter, has been awarded this year's Writing for CEE journalism prize, and a recognition award went to the Bulgarian writer Vlado Trifonov. Florian Klenk received the award, which was presented for the sixth time by Bank Austria and the Austria Press Agency, along with EUR 5,000 for a report that appeared in the Berliner Zeitung in August 2008.
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18.11.2009
Current location analysis by Bank Austria Economics:
Carinthia – The South is increasingly setting its sights on external markets
The economic location of Carinthia is continuing the convergence process that began in the 1990s and is gradually eliminating structural weaknesses. This process is being aided by a geopolitical environment that has completely changed, allowing Carinthia to go from a province located on the outskirts of Europe to a gateway to three dynamic future markets.
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16.11.2009
Financial and economic crisis:
Bank Austria launches training initiative for recent graduates
Against the background of the lasting financial and economic crisis, Bank Austria has launched a training initiative for young people. With the "Best Start" initiative, Austria's number one in the banking market creates around 200 new long-term training positions for apprentices, school-leavers with exam and university graduates with immediate effect.
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13.11.2009
Make use of the MasterCard and win tickets for the UEFA Champions League Final
In the course of UniCredit's cooperation with UEFA, Bank Austria is offering a new card as from November 2009: The MasterCard Prepaid card featuring the UEFA Champions League Design. Clients paying with this MasterCard Prepaid card have the opportunity to win two tickets for the UEFA Champions League final game in Madrid on May 22, 2010.
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12.11.2009
Bank Austria Business Indicator:
Spring awakening in the midst of winter, but trouble looming on the horizon
The Austrian economy has clearly started to bounce back from its low and is recovering gradually. "The Bank Austria Business Indicator improved to -0.4 points in October, up from -0.7 in the previous month. The Indicator has been climbing for half a year, which suggests that the upward trend in the domestic economy will persist," said Bank Austria's chief economist, Stefan Bruckbauer.
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11.11.2009
Results for the first nine months of 2009:
Bank Austria: profit before tax of EUR 1.2 billion for first nine months
Operating profit up by 31 per cent to new record level of EUR 2.8 billion
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09.11.2009
UniCredit Group's CEE Banking Outlook 2009:
Banking in CEE – adequate risk appetite crucial to win the upside
"Full recovery from the crisis needs time, but the appeal of CEE banking is definitely there and our commitment to the Central and Eastern European region has proven to be the right strategy," says Federico Ghizzoni, Head of the CEE Banking Division of Bank Austria, referring to the recent banking study by UniCredit Group.
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18.11.2009
Bank Austria Corporate Sustainability Director Fred Luks receives award
The Austrian sustainability magazine "Lebensart" has this year appointed Bank Austria Manager Fred Luks as Austria's Best Sustainability Manager.
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03.11.2009
Bank Austria SME Day:
Facts on the support of medium-sized companies in Austria
With the third SME Info Day in Vienna, Bank Austria continues its information campaign for small and medium-sized companies in Austria. This time, visitors will be informed about support of SMEs and corresponding conditions. Bank Austria organizes the SME Info Day among others together with austria wirtschaftsservice (aws), Vienna Business Agency (WWFF), Wiener Kreditbürgschaftsgesellschaft (WKBG) and Wifi Vienna.
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02.11.2009
Bank Austria Economics sector report:
Healthy new car sales in Austria, but dealer revenues faltering
With approximately 320,000 new vehicles sold, 1992 is still the record year for Austrian automobile dealers. Since then, new vehicle registrations have been between 280,000 and 310,000 automobiles per year, with 294,000 in 2008. It is remarkable that the 310,000 mark is likely to be broken again in the recession year 2009.
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29.10.2009
Bank Austria Purchasing Managers' Index in October:
Faster growth for Austrian industry
"Strong increases in orders, especially from abroad, are driving the recovery in Austrian industry" explains Helmut Bernkopf, Bank Austria Board Member responsible for Corporate & Investment Banking, summarising the results of the latest Bank Austria Purchasing Managers' Index. "The orders books are growing, purchasing volumes are increasing and delivery times are falling due to the rise in capacity utilisation. Only employment continues to decline." Despite the less favourable trends in prices, the pace of activity in Austrian industry is picking up right now.
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28.10.2009
Bank Austria Investment Barometer for the World Savings Day
Austrian investors slowly starting to invest in securities again
More than 1.5 million customers will go to Austrian banks on October 30, primarily in order to receive information about the options for personal provisioning. For the first time since the crisis broke out, however, interest in securities is increasing again, which is a sign that confidence in markets is returning. These are the results of the latest Bank Austria Investment Barometer, a representative survey carried out by the GfK Austria market research institute commissioned by Bank Austria.
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19.10.2009
Vienna's real estate market has high long-term development potential
Vienna is one of the most prosperous cities in Europe. The standard of living in Austria's capital is 125 per cent of the national average and over 180 per cent of the EU average, and is rooted especially in the city's highly successful services industry.
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16.10.2009
Better money management and reasonable savings
Bank Austria: Information platform "Mein Geld" is online!
The financial and economic crises have made it clear: conscious money management, secure investment opportunities and savings as well as dealing with financial problems and losses are everything else but a matter of course. The Austrian Federal Ministry of Labour, Social Affairs and Consumer Protection as well as the Austrian Federal Ministry for Education, Arts and Culture, the Austrian Financial Marketing Association (fmv) and Bank Austria will discuss today "Brauchen die Österreicher einen Turbo für Finanzwissen?” ("Do Austrians need a turbo for financial know-how?") in the Oktogon Hall on 16th of October 2009.
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15.10.2009
"PastPresentFuture –
Highlights from the UniCredit Group Collection":
An Exhibition at the Bank Austria Kunstforum, Vienna
The UniCredit Group Art Collection, one of Europe's largest corporate collections, is the source of a travelling exhibition entitled PastPresentFuture, which opens Friday, October 16 at the historic Bank Austria Kunstforum in Vienna. Works will be on display from the collections of the various banks that make up the UniCredit Group.
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15.10.2009
Bank Austria Business Indicator:
Recovery continues, but will soon lose momentum
The upward trend in the Austrian economy continues. In September, the Bank Austria Business Indicator improved to -0.7 points, from -0.9 in the previous month. "The rebound in economic activity in Austria is continuing for now. But the flattening upward trend in the Indicator in September suggests that the recovery will begin to weaken again soon," notes Bank Austria's chief economist, Stefan Bruckbauer, discussing the current result.
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12.10.2009
New stepped bond series with interest rising to 4.0 per cent
With immediate effect, Bank Austria provides security-oriented investors with new bonds with rising interest rates. The new stepped bond series 110 / 2009 - 2015 with 2.00 to 4.00 per cent interest has a term of six years and a denomination of EUR100.
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08.10.2009
Moll Maschinenbau, an investment of EK Fin, wins major order from leading carmaker
In relation to the construction of a new plant by a leading German auto manufacturer, the Moll Group, headquartered in Bavaria, has received its largest order ever, with a volume of over EUR 30 million.
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07.10.2009
The best way to invest money!
Herbert Brandl has designed Bank Austria's new KünstlerSparbuch savings book
Bank Austria is providing a particularly attractive KünstlerSparbuch also this year, for the first time in connection with charity. For each new savings book, Bank Austria will spend 50 cents to the "Space!lab" youth job project.
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30.09.2009
Change of CEOs at Bank Austria:
Willibald Cernko takes over as CEO of Bank Austria
According to the Supervisory Board decision from 29 July of this year, Willibald Cernko, 53, will take over as CEO of Bank Austria tomorrow. His predecessor, Erich Hampel, will become the deputy chairman of the bank’s Supervisory Board on the same day, and will also continue to be a member of the Supervisory Board for five subsidiaries of Bank Austria in Central and Eastern Europe.
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29.09.2009
Bank Austria Purchasing Managers' Index in September:
Industry grows for the first time in one and a half years
Bank Austria Purchasing Managers' Index increases to 50.3 points in September.
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24.09.2009
Change of CEOs at Bank Austria:
1997–2009: Milestones during Erich Hampel's tenure as CEO
Under the aegis of Erich Hampel, Bank Austria successfully turned its vision of becoming an Austrian bank with responsibility for 19 countries in CEE into a reality and went from a "national champion" to a leading player in the "Champions League" of European banking.
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16.09.2009
UniCredit Group brings the UEFA Champions League Trophy to Milan
Today UniCredit Group inaugurated its three year sponsorship of the UEFA Champions League by hosting the UEFA Champions League Trophy Tour in Milan, a glamorous event that enables football fans and the general public to see the trophy, and feel the excitement of the most prestigious club football competition.
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15.09.2009
Bank Austria Business Indicator: Recovery has started, but the economy will remain below pre-crisis levels until 2012
The Austrian economy has started to emerge from the economic crisis and is enjoying a strong tailwind at the moment. This is evident from Bank Austria’s Business Indicator, which has been rising steadily since bottoming out in April.
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10.09.2009
Bank Austria logs EUR 3 billion in advance requests for ULSG guarantees
Enormous interest from Austrian business in guarantees from the Austrian Control Bank
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10.09.2009
Deputy mayor Renate Brauner and Bank Austria CEO Erich Hampel to kick off the SME Info Day in Vienna
The second SME Info Day will offer concise information and expert talks on business succession and transferring an existing business.
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10.09.2009
Provincial parliamentary representative
Patrizia Zoller-Frischauf to kick off the SME Info Days
in Innsbruck together with Bank Austria's regional directors Martin Anker and Markus Sappl
Representative Patrizia Zoller-Frischauf and Bank Austria's regional directors Martin Anker and Markus Sappl invite you to attend the first SME Info Day in Innsbruck on 17 September 2009.
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02.09.2009
Bank Austria's StudentenKonto, the account for students:
A pile of advantages at the start of your studies
Students who open a Bank Austria StudentenKonto not only will receive a laptop bag as welcome gift but also will have a lot of benefits with the Maestro cash card. During leisure time, Bank Austria Ticketing will provide for savings of up to 20 per cent for up to 4,000 events, from cinema to concerts.
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28.08.2009
Bank Austria Purchase Manager's Index in August:
Tail wind for Austrian manufacturing
The performance of Austrian manufacturing has stabilised. The downturn has ended.
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18.08.2009
Bank Austria Economics sector report
Economic crisis has not spoiled Austria's appetite
Sentiment in the food industry darkened under the influence of the international economic crisis towards the end of 2008. But unlike in other sectors, production levels were only stepped back slightly, and not until the beginning of 2009. These are among the results of the latest Bank Austria Economics sector report.
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14.08.2009
Bank Austria Business Indicator:
Austrian economy grows in second half of 2009
There are growing signs that the Austrian economy is poised for stabilisation. The Bank Austria Business Indicator has been moving upwards for the last three months.
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10.08.2009
UniCredit Group's CEE Banking Study 2009:
Banking in CEE – challenging times but recovery on the horizon
Prospects for a recovery of world growth to boost CEE, but economic growth remains below potential.
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07.08.2009
Real Invest Austria – in an asset class of its own
Real Invest Austria, the flagship of Bank Austria Real Invest, continues to impress investors with its unique market position among open real estate funds. The fund has over EUR 900 million under management and invests solely in Austrian properties.
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04.08.2009
Results for the first six months of 2009:
Bank Austria posts profit of EUR 833 million for the first half of 2009
Operating profit rises to record level of over EUR 2 billion driven by strong operating performance in customer business, up by about 51 per cent on H1 2008.
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30.07.2009
Bank Austria Purchasing Manager's Index in July:
Austrian industry bottoming out
The Bank Austria Purchasing Manager's Index for July 2009 confirmed the improving conditions in industry with another hefty jump from 42.0 to 46.5. "Even though our Purchasing Manager's Index remained below the critical 50-point mark in July again with its reading of 46.5, some sub-components are showing signs for the first time in 18 months that Austria's industry is bottoming out," says Helmut Bernkopf, Bank Austria Management Board member for commercial customers and investment banking.
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30.07.2009
Bank Austria's Supervisory Board decisions on Management Board
Yesterday the Supervisory Board of Bank Austria adopted the following resolutions concerning the future composition of the Management Board and the distribution of responsibilities: Willibald Cernko will become Bank Austria's new Chairman of the Management Board with effect from 1 October 2009.
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29.07.2009
European Investment Bank grants global loan to Bank Austria
The European Investment Bank granted Bank Austria a global loan for EUR 150 million with a total term of eight years. These attractive funds will help to refinance new commercial loans.
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28.07.2009
Bank Austria asset allocation for the third quarter of 2009:
Economic stabilisation, slight upswing in 2010
Following the crisis year of 2008, the first two months of this year were also not particularly promising. In March, however, equities began a massive rally that continues to hold on despite interruptions.
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20.07.2009
Submissions for "Writing for CEE" still possible until end of July
Journalists from all over Europe are invited to submit their work for the prestigious "Writing for CEE" journalism prize by 31 July 2009. The prize is being awarded for the sixth time by Bank Austria, a member of UniCredit Group and APA – Austria Press Agency, and is aimed at encouraging the journalistic examination of issues related to European integration.
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16.07.2009
Bank Austria expands its corporate banking structure
Subject to the Supervisory Board's decision, Bank Austria will integrate the Markets & Investment Banking Division into its corporate banking activities on 31 July in accordance with UniCredit's organisational structure. This expanded business unit will go by the name of Corporate & Investment Banking (CIB) and will be headed by Bank Austria director Helmut Bernkopf.
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15.07.2009
Bank Austria Business Indicator:
Economic downturn bottoms out
The economic situation in Austria is continuing to bottom out. "In June the Bank Austria Business Indicator rose to minus 1.7 points, thus achieving the most significant monthly upward movement for more than 15 years. Only at the end of the 1993 recession was the rise slightly greater", says Bank Austria deputy chief economist Stefan Bruckbauer.
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14.07.2009
Bank Austria offers free accounts until the end of the year
Starting immediately, Bank Austria will waive the management fees until the end of the year for all new ErfolgsKonto current accounts opened by 15 October. This welcome offer applies to ErfolgsKonto, ErfolgsKonto Plus, ErfolgsKonto Premium and ErfolgsKonto Gold accounts.
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07.07.2009
Bank Austria, DekaBank and Société Générale will no longer support the export financing of the Ilisu project
In line with the decision of the Export Credit Agencies, the three banks will apply the mechanism foreseen in case the contractually agreed measures ensuring the World Bank guidelines on environment, resettlement and cultural heritage are not fully implemented.
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02.07.2009
Bank Austria Investment Barometer:
Confidence brightens depositors' expectations for the future
Although the value is slightly down from last year, over half of all Austrians still believe that they are be able to save less now than they could three years ago. This is indicated by the current Bank Austria investment barometer, a representative survey performed by the market research institute GfK and commissioned by Bank Austria.
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01.07.2009
UniCredit starts a three year sponsorship of the UEFA Champions League
Starting from today, UniCredit becomes an official sponsor of the UEFA Champions League for the next three seasons (2009-2012), initiating an exciting journey to position its brand at the top - in Europe and the world - in terms of visibility and awareness.
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01.07.2009
Bank Austria Job Note:
Monika Rosen new Head of Research in the UniCredit Private Banking division
At the beginning of July, Monika Rosen, 47, will take over as Head of Research of the UniCredit Private Banking division. This will make the native of Vienna responsible for the research agendas of the Private Banking division throughout Europe. She will be working in Vienna.
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29.06.2009
Bank Austria Purchase Manager's Index in June:
Turnaround of Austria's industry increasingly likely in the summer
In June, the seasonally-adjusted Bank Austria Purchase Manager's Index (PMI) improved markedly from 39.3 to 42 points. The indicator has now been pointing upwards for the third consecutive month. A clear upward trend of this kind was last seen at the turn of the year 2005/2006, although the indicator was at that time pursuing a path of sound growth.
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26.06.2009
Bank Austria concludes first soft loan with Albania
A few weeks ago Bank Austria concluded its first soft loan to the Republic of Albania. The country was represented in the negotiations by its ministry of finance. The volume of the loan is EUR 7.5 million and will be used to modernise Shefqet Ndroqi University Hospital, which is located in the Albanian capital of Tirana and has 300 beds.
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25.06.2009
New ErfolgsAnleihe from Bank Austria with 3.30 per cent interest in the first year
The new ErfolgsAnleihe with fixed interest of 3.30 per cent for the first year is now available in all Bank Austria branches. After the end of the first year, the interest rate will be adjusted semi-annually to the six-month EURIBOR interbank rate with no deductions, allowing the investor to profit from rising interest rates over a short term of four years.
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18.06.2009
Bank Austria Job News:
Herbert Hangel is the new Head of Global Banking Services
Effective at the beginning of July, Herbert Hangel, 38, will assume the newly created position of Head of Global Banking Services Austria. He will succeed Robert Zadrazil and will report directly to the CEO of Bank Austria, Erich Hampel, as well as to UniCredit Group's Head of Group Organisation an Logistics Services in the future.
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22.06.2009
Holiday Euro Summer 2009:
"Holiday euro" worth more in Europe, less overseas
"Compared to last summer, European holiday destinations are more affordable this year, especially Eastern European countries such as Poland, Romania and Hungary," says Stefan Bruckbauer, deputy chief economist at Bank Austria, summarising the most recent calculation of the holiday euro.
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16.06.2009
Bank Austria launches SME information events
Regular events with comprehensive information for small and medium-sized enterprises
Together with the austria wirtschaftsservice (aws), the Vienna Business Agency, the Wiener Kreditbürgschaftsgesellschaft (WKBG) and Wifi Wien, Bank Austria will be launching its SME information events in June.
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15.06.2009
New fixed-interest home building bond from Bank Austria Wohnbaubank AG
Bank Austria Wohnbaubank AG has issued a new fixed-interest home building bond, 4.00% WohnbauAnleihe 2009–2022/4, which has a term of 13 years. The denomination of this continuous issue is EUR 100, with a recommended minimum investment of EUR 1,000.
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15.06.2009
Bank Austria Business Indicator:
Economic downturn slowly bottoming out, recovery not yet in sight
"The downward trend that has plagued the Bank Austria Business Indicator since the middle of 2007 has been broken. After signs of a stabilisation in April, the indicator increased by 0.4 points to -2.5 in May," says Stefan Bruckbauer, Bank Austria's deputy chief economist.
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09.06.2009
Considerable differences in impact of economic crisis on Federal provinces
Austria has finally been hit by the global economic recession. The extent to which it is affected, however, varies greatly from one province to the next.
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05.06.2009
Bank Austria comments on media speculation concerning Bank Medici:
Bank Medici solely responsible for dealing with reports of internal audit
Bank Austria wishes to correct recent inaccurate media speculation about its connection with Bank Medici. Bank Austria was only ever a minority shareholder in Bank Medici and did not exercise control over Bank Medici. All day to day activities in Bank Medici were the responsibility of the executive officers of Bank Medici.
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02.06.2009
Bank Austria launches ErfolgsAnleihe with 3.65 percent interest in the first year
The new ErfolgsAnleihe with fixed interest of 3.65 percent for the first year is now available in all Bank Austria branches. After the end of the first year, the interest rate will be adjusted semi-annually to the six-month EURIBOR interbank rate with no deductions, whereby the minimum annual interest rate for the remaining three years of the term is 2 percent.
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28.05.2009
Bank Austria Purchase Manager's Index in May:
Austrian industry continues to contract, but at a slower pace
The sharp upward trend of the seasonally adjusted Bank Austria Purchase Manager's Index (PMI) in April lost much of its momentum in May, with the indicator rising only slightly to 39.3 points. This still represents a significant downturn of Austria's manufacturing industry, which has now been contracting for over one year.
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27.05.2009
Bank Austria donates EUR 20,000 for families in need
Bank Austria is donating EUR 20,000 for families in need. Erich Hampel, chairman of Bank Austria's Management Board, presented the donation to Caritas director Michael Landau at the shelter for women and children run by the Caritas chapter of the Archdiocese of Vienna in the city's Leopoldstadt district. The donation will go to the Bank Austria Familienfonds, which is managed by Caritas and was established fifteen years ago.
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19.05.2009
Willibald Cernko succeeds Erich Hampel as CEO of UniCredit Bank Austria AG
Austria’s leading bank will see a change at the top. Erich Hampel will retire as Chairman of the Management Board of Bank Austria at his own request with effect from 30 September 2009 and will become a member of the bank’s Supervisory Board.
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18.05.2009
Journalism prize "Writing for CEE" in the European "super-year"
Bank Austria, a member of UniCredit Group, is announcing the prestigious journalism prize "Writing for CEE" in cooperation with the APA - Austria Press Agency for the sixth time.
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15.05.2009
Michael Nikbakhsh receives the 2008 Horst Knapp Prize
Yesterday, Michael Nikbakhsh, who heads the economics department at the news magazine profil, was honoured with Bank Austria’s distinguished Horst Knapp Prize for his journalistic achievements in the past year.
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15.05.2009
UniCredit Group conference at the EBRD Annual Meeting
Today a presentation was given in London at the EBRD Annual Meeting by Debora Revoltella, Head of Strategic Analysis for CEE at UniCredit Group, on the following topic: "CEE: can the past success factors be the future success drivers?" The text below is an abstract of the presentation.
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14.05.2009
Bank Austria Business Indicator: Momentum of economic downturn slows after sharp decline at the beginning of the year
"In April, the Bank Austria Business Indicator fell to a new low of -2.3 points. This marginal decline on the previous month suggests that the indicator could soon start to stabilise at a low level" says Stefan Bruckbauer, Deputy Chief Economist of Bank Austria.
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14.05.2009
New structure of Bank Austria Private Banking
As a result of the recent evaluation process in the Private Banking sector, UniCredit Bank Austria has decided to integrate Bank Privat in the new Private Banking Division of Bank Austria.
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13.05.2009
Current location analysis by Bank Austria Group Economics: As an economic location, Vienna ranks among the top 10 European cities
In recent years, the city of Vienna has successfully exploited its geographical position at the centre of a Europe that is growing ever closer and today it ranks among the top 10 European cities in terms of prosperity, location quality and structure.
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13.05.2009
Results for the first three months of 2009: Bank Austria off to a good start in 2009 with profit of EUR 547 million
Customer business in Austria shows a stable trend, and operating profit in Central and Eastern Europe continued to rise strongly, by 42 per cent.
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11.05.2009
Supervisory Board proceeds with the planned appointments for Bank Austria’s future Management Board
In a meeting held today, the Supervisory Board of Bank Austria made decisions as planned on the future composition of the bank’s top management. Rainer Hauser will join the Management Board with effect from 1 June, taking over responsibility for retail banking from Ralph Müller, who will leave the bank.
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08.05.2009
Bank Austria launches ErfolgsAnleihe with 3.65 per cent interest in the first year
The new ErfolgsAnleihe with fixed interest of 3.65 per cent for the first year is now available in all Bank Austria branches.
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07.05.2009
Decoration of Honour in Gold of the Republic of Austria for Wolfgang Feuchtmüller
Wolfgang Feuchtmüller, director and advisor to the management board of Bank Austria and spokesman of the board of directors of Notartreuhandbank AG, today accepted the Decoration of Honour in Gold of the Republic of Austria from State Secretary of Finance Reinhold Lopatka.
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29.04.2009
Bank Austria Purchase Manager's Index in April:
Sharp downturn of Austria's industry loses momentum
"We are seeing initial signs of an imminent stabilisation of Austrian industry. The seasonally-adjusted Bank Austria Purchase Manager's Index (PMI) has clearly moved upwards in April" remarked Stefan Bruckbauer, Bank Austria's Deputy Chief Economist.
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24.04.2009
Sector Report from the Bank Austria Economics Department:
Construction economy shows deep cracks
As in the rest of Europe, the construction economy in Austria has two or three difficult years ahead of it. Even if production cuts remain moderate, unemployment in the construction sector will increase significantly. This is the conclusion of the current sector report by Bank Austria's Economics Department.
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20.04.2009
Angerlehner Group finances market expansion with mezzanine capital
Angerlehner Hoch- und Tiefbaugesellschaft mbH, a company specialising in the renovation of sewers and pipes and based in the Austrian town of Pucking near Linz, will continue on its path to international success in 2009. In order to support the company's further expansion plans – particularly in Asia – and to meet its increased requirements for equity capital for project financing, Mezzanin Finanzierungs AG is investing EUR 3 million in mezzanine capital.
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15.04.2009
New fixed-interest home building bond from Bank Austria Wohnbaubank AG
Bank Austria Wohnbaubank AG has issued a new fixed-interest home building bond, 3,75 % WohnbauAnleihe 2009–2022/3, which has a term of 13 years. The denomination of this continuous issue is EUR 100, with a recommended minimum investment of EUR 1,000.
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15.04.2009
Bank Austria Business Indicator:
The downturn continues
"Following a short-lived break in the previous month, the slide in the Bank Austria Business Indicator continued in March. With the fall to -2.2, the indicator has reached the lowest level since the survey started 20 years ago", says Stefan Bruckbauer, deputy chief economist at Bank Austria. The downward trend also remains broadly based.
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06.04.2009
Bank Austria employees donate EUR 31,408 to SOS Children's Village
Bank Austria renews 10 sponsorships throughout Austria
Bank Austria sponsored one family in each of the ten Austrian SOS Children's Villages last year. The bank‘s large donation this year of EUR 31,408 was made possible once again thanks to the dedication of its employees, and it will allow the intense partnership with SOS Children's Village to continue in the form of excellent projects for the families.
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06.04.2009
UniCredit Bulbank is 'Best foreign bank in Bulgaria'
The internationally respected financial magazine emeafinance has named UniCredit Bulbank, the Bulgarian subsidiary of UniCredit Group, as the 'Best foreign bank in Bulgaria'. This is the outcome of an annual survey done by emeafinance where the financial institutions in Europe, Middle East and Africa (EMEA) were evaluated.
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01.04.2009
Holiday Euro Easter 2009:
Holiday euro worth more in Europe, less overseas
"In contrast to a year ago, the value of the holiday euro this Easter has increased in many European destinations, while destinations that are farther away have become more expensive," says Stefan Bruckbauer, deputy chief economist at Bank Austria, summarising the most recent calculation of the holiday euro.
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01.04.2009
Bank Austria: Active Cash Garantie – the insurance investment with monthly disbursements
With its Active Cash Garantie 2019, Bank Austria is launching an insurance investment with monthly disbursements throughout the term. And the 100 per cent capital guarantee ensures that investors receive the full sum of invested capital at the end of the ten-year term. -
31.03.2009
Global Finance honours Bank Austria as the best bank in Austria
The American financial magazine Global Finance has named Bank Austria the "Best Bank in Austria" as a result of the magazine's annual survey, "The World's Best Banks in Developed Markets".
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30.03.2009
Bank Austria Purchasing Managers' Index in March:
No spring awakening in Austria's industry
The situation of Austria's industrial sector continues to deteriorate. The seasonally-adjusted Bank Austria Purchasing Managers' Index (PMI) fell further in March and at 33.7 points it is now only slightly above the all-time low of January.
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26.03.2009
Bank Austria Creditanstalt Wohnbaubank: Total volume of issues climbs to approximately EUR 4.4 billion
Bank Austria Creditanstalt Wohnbaubank AG placed issues totalling EUR 262 million on the market in fiscal year 2008, pushing the bank’s total volume of issues since its founding in 1994 to over EUR 4.4 billion.
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20.03.2009
New series of stepped coupon mortgage bonds with interest rates rising to 3.5 per cent
Bank Austria is now offering security-oriented investors a new series of mortgage bonds with rising interest rates: The new series of stepped coupon mortgage bonds, 3,00 %–3,50 % Stufenzinspfandbrief-Reihe 109 / 2009–2015, has a term of six years and a denomination of EUR 100.
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18.03.2009
Results for the 2008 financial year:
Bank Austria: EUR 1.1 billion profit despite financial crisis
Erich Hampel, Bank Austria's Chief Executive Officer: "2008 was a very difficult year for banks, with exceptional negative impacts resulting from the financial market crisis, which started one and a half years ago, and from the global economic downturn towards the end of the year. Our focus on customer business and our business model of a widely diversified universal bank again proved successful in this market environment."
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16.03.2009
Bank Austria Business Indicator:
Austria in a recession
The Bank Austria Business Indicator improved in February for the first time in a year. However, the marginal increase of 0.1 points to the still very low value of -1.7 is not a sign of an economic reversal," says Stefan Bruckbauer, deputy chief economist at Bank Austria, commenting on the current value.
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12.03.2009
Bank Austria Economics sector report:
Wood processing industry should weather the crisis well
Austria's wood processing industry will not emerge from the economic downturn unscathed, but will not bear any lasting scars. This is the core finding of a current sector report prepared by Bank Austria Economics.
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10.03.2009
Bank Austria Corporate Banking launches image campaign
Bank Austria's Corporates Division launched a new image campaign with the motto "To give every idea an opportunity" at the beginning of the month. The campaign was developed by the agency Jung von Matt / Donau and will run until December of this year.
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26.02.2009
Bank Austria Purchasing Managers’ Index in February:
Industry’s downward trend loses momentum
The downward trend in Austrian industry is beginning to slow down. For the first time in half a year, the seasonally adjusted Bank Austria Purchasing Managers’ Index (PMI) has improved slightly.
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18.02.2009
Bank Austria's interim report on Vienna's SME action week
The action week by the City of Vienna, Vienna Chamber of the Economy, the Economic Development Fund, AWS, Bank Austria and other lending institutions on SME financing has met with great interest.
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16.02.2009
Martin Hehemann leaves UniCredit Group
Martin Hehemann (44), Senior Vice President Brand Management, will leave UniCredit Group at the end of June 2009 to pursue a new career opportunity.
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13.02.2009
Bank Austria Business Indicator:
Austria sinks into recession
At the beginning of 2009, the Bank Austria Business Indicator again moved downward, signalling that the downturn of the Austrian economy will continue. The indicator has now been falling for twelve months in succession.
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29.01.2009
Bank Austria Purchase Manager's Index in January:
Austrian industry increasingly impacted by the crisis
The downturn experienced by Austria's industry has continued in the new year. In January, the seasonally adjusted Bank Austria Purchase Manager's Index (PMI) fell to 33.1 points from 35 in the previous month. This represents a new historic low since data first began to be collected more than ten years ago.
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28.01.2009
Bank Austria offers KlimaKredit with UmweltBonus
Starting immediately, Bank Austria is offering a KlimaKredit loan with an UmweltBonus for retail banking customers and in this way helping to finance environmentally sound refurbishment and renovation projects.
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27.01.2009
New homepage for Bank Austria's website
Starting today, the homepage of Austria's largest bank will feature the same design as its umbrella brand, UniCredit Group.
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19.01.2009
International Investors Conference set to open in Kitzbühel
The traditional UniCredit CAIB investors conference will take place this year from 21 to 24 January 2009 at Hotel Schloss Lebenberg in Kitzbühel.
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15.01.2009
Bank Austria Business Indicator:
Austria increasingly affected by the global recession
At the turn of the year there were still no signs of an end to the negative trend in the Austrian economy. The Bank Austria Business Indicator has fallen from -0.8 in the previous month to a new low of -1.2 points.