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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.

Primarily banks and insurance companies are called upon to improve the financial know-how of Austrian people substantially. But also public authorities can make a fundamental contribution within the framework of consumer protection and education activities.

Rainer Hauser, Bank Austria board member responsible for retail and corporate banking, will present the new information portal "Mein Geld" to the public for the first time. "We have taken our customers' wish for more information seriously and have thus developed this portal among other things. It will be expanded gradually in the next few months but will certainly not replace personal talks with the bank adviser", explains Rainer Hauser and adds that the portal rather is a guide to everyday dealing with money and liabilities, savings potentials in households and insurances as well as investment trends.

In addition, Prof. Dr. Gerhard Wiebold will present the results of the €FDL financial test carried out by finanzportal.at and those initiatives which are to contribute to achieve sustainable well-founded bases for the financial decisions of Austrian citizens will present themselves as well (such as for instance "€FDL Finanzführerschein", "finanzverstand.at", "Erst denken, dann kaufen", Bank Austria's "Mein Geld" initiative).

According to the survey among participants, demand for and interest in financial issues has dramatically increased when the financial crisis emerged. Wolfgang Unterhuber, editor in chief of the WirtschaftsBlatt, will discuss with his guests how to cover that demand and what is still needed.

For further inquiries: Bank Austria Press Office Austria
Thore Dohse, Tel. +43 (0) 50505 - 52809
E-Mail: thore.dohse@unicreditgroup.at

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