Press Archive 2011

The Bank Austria Purchasing Managers' Index is rising again for the first time in ten months. The current reading is 1.4 points higher but still under the growth threshold.

Bank Austria is offering security-conscious investors a new 6-year mortgage bond for private and corporate customers as from 12 December 2011.

The 2-year floater bond with a short term and a variable interest rate is tailored to the needs of corporate investments but is also suitable for private customers who are interested in short-term investments with an increasing interest rate.

This bank bond with a 4.5-year term offers an attractive fixed interest rate for the period from 7 December 2011 to 6 June 2016. It is suitable for taking advantage of the investment-related tax allowance for business profits.

European debt crisis remains the focus of attention, US avoids renewed recession

Bank Austria is now offering Fix-Floater-Anleihe 2011–2015 Serie 31, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term without having to worry.

Austrian Wind Power (AWP) – a wholly-owned subsidiary of BEWAG, the energy supply company in the Austrian region of Burgenland – is Austria's largest eco-power producer with currently 142 wind turbines.

Award for the report on the living conditions of the Roma in Slovenia

Bank Austria receives the Maecenas arts sponsoring award for the Bank Austria 2010 Arts Award in four categories

FACC AG is one of the world’s leading companies in the development and production of fibre-reinforced composite components and systems for the aviation industry.

Bank Austria Business Indicator slips 0.4 points in November into negative territory for first time in two years

Operating performance further improved, weak economic outlook and sovereign debt crisis have a strong one-off impact on the good operating performance.

In its latest survey, the finance magazine Euromoney polled 14,000 companies around the world on the topic of cash management.

At its meeting yesterday, the Supervisory Board of Bank Austria unanimously elected Erich Hampel, 60, as its new chairman.

The Public Covered Bond 2011/2016 – EUR 500 million, 2 7/8% from UniCredit Bank Austria AG was priced today with a term of 5 years and a coupon of 2 7/8 percent.

For the second month in a row, the Bank Austria Purchasing Managers' Index has recorded a figure below the growth threshold of 50 points, ending October on 48 points

Despite the deteriorating economic situation, consumer climate has suffered relatively little from the continuous headlines about the European debt crisis – people think more about saving than they did six months ago, several recent studies conclude.

For various reasons, an increasing number of local authorities are outsourcing municipal companies and projects into separate businesses.

High-potential segments in all three countries – overheating combined with fierce competition a significant factor

Bank Austria Umbrella Facility wins award for the most innovative financial service at the Alpbach Finance Symposium 2011

Corporate and Investment Banking to cooperate more closely in the interests of their Russian corporate customers

Bank Austria will again create 40 high quality training places for apprentices in 2012 under its "BestStart" job and training initiative

The Austrian equity market came under heavy selling pressure in the third quarter and has already lost 31 percentage points since the beginning of the year.

With the “KünstlerSparbuch 2011” passbook, savers can get a good return on their savings, enjoy art and culture, and at the same time help others.

The new Zinsensammler GarantieAnleihe 2011–2016 Serie 30 from UniCredit Bank Austria AG offers capital security

Bank Austria Purchasing Managers' Index falls to 48.7 points in September, putting it below the growth threshold of 50 points for the first time in two years

Robert Zadrazil, currently Chairman of the Management Board of Bank Austria's subsidiary Schoellerbank AG, will join Bank Austria’s Management Board on 1 October 2011, succeeding Jürgen Danzmayr as Head of the Private Banking Division of Bank Austria

UniCredit Bank Austria's innovative Take a Ticket online giveaway contest enters a new phase just in time for the 2011/2012 UEFA Champions League season

China crucially important for Austria's export-oriented economy – already more than 470 Austrian companies have business operations in China.

Bank Austria Purchasing Managers’ Index decreased to 50.1 points in August and has reached the growth threshold for the first time in two years

Bank Austria Business Indicator continues its decline in July to 2.4 points

Provisioning charge in Austria and CEE continues to decline by 21 per cent to a total of  EUR 705 million

Apartment houses remain popular investment objects: Low supply stabilises prices, location is a decisive factor for yields

Investment volume of roughly EUR 75 million

Bank Austria Purchasing Managers' Index in July comes in at 50.8 points, the lowest reading in the last 20 months and just barely higher than the growth threshold

The London-based financial magazine World Finance has named Bank Austria the best banking group in Austria.

Thanks to current account surplus, Austria is not a net foreign debtor any more

The new Zukunft Garant Anleihe 3/2017 bond of UniCredit Bank AG is guided by selected indices of the areas „renewable energies“, „water management“ and „commodities with focus on Europe“.

The Austrian equities market produced a below-par performance in the first six months of the year and there are still a few obstacles in the way in the coming months.

Writing for CEE, the international journalism prize awarded annually by APA – Austria Press Agency and Bank Austria since 2004, is approaching its final days.

Bank Austria Business Indicator falls again in June to 2.6 points

Subject to a resolution to be passed by the Supervisory Board of Bank Austria, Dieter Hengl, 47, currently Deputy Chief Risk Officer and Head of Corporate & Investment Banking Credit Operations, will join Bank Austria’s Management Board and succeed Helmut Bernkopf as Head of the Corporate & Investment Banking Division of Bank Austria with effect from 1 August 2011.

Wienerberger is the world's largest brick maker and successfully completed the emission of a new EUR 100 million bond.

Bank Austria is offering security-conscious investors a new 6-year mortgage bond for private and corporate customers as from 4 July 2011.

Sales growth of 3 per cent in 2010 not enough to make up for the previous year's losses

The establishment of UGIS Austria GmbH marks the completion of the first phase of the All4Quality project in Austria.

The housing market is benefiting from a variety of factors including strong population growth

Bank Austria Purchasing Managers' Index in June comes in at 53 points, down for fourth month in a row after peaking in February at 61.9 points

Bank Austria is now offering Fix-Floater-Anleihe 2011–2014 Serie 24, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term without having to worry.

Sharp decline in Bank Austria economic indicator in May

As part of a capital increase OMV has placed 27.27 million new shares and thus successfully carried out its capital increase.

Innovative "Umbrella Facility" means CEE subsidiaries of Austrian companies now have faster access to short-term financing

SMEs also anticipate further turnover growth for 2012

Jürgen Danzmayr will move to Munich to head the Private Banking Division of UniCredit Bank AG and will be appointed to the Management Board of that bank with effect from 1 July 2011

Bank Austria is the first bank in Austria to launch three specially designed websites for persons with impaired vision, for deaf persons and persons with learning disabilities

Production expansion tapers off, bringing the Bank Austria Purchasing Managers' Index down in May for the third month in a row

Environmental protection has been a key issue at Bank Austria for many years.

Michael Bachner, head of the business editorial division of daily newspaper “Kurier”, was awarded the renowned Prof. Horst Knapp Prize for his journalistic achievements in the course of an awards ceremony at Bank Austria on Wednesday evening.

EUR 175 million successfully placed on the market, demand mostly from private Austrian investors, bond clearly oversubscribed.

The CEE economies showed convincing signs of economic recovery in 2010

The 2-year floater bond with a short term and a variable interest rate is tailored  to the needs of corporate investments but is also suitable for private customers who are interested in short-term investments with an increasing interest rate.

At its constituent meeting held today, the jury launched the urban planning competition for the "UniCredit Bank Austria Campus" at Vienna's Northern Railway Station

Growth forecast for 2011 raised to 3.1 per cent after a spectacular start to the year

The new Stufenzins-Anleihe 2011–2016 Serie 19  bond of Bank Austria is ideal for investors looking for an investment with a reasonable term and guaranteed interest rate increases.

Contract renewal with the tournament no longer an option

Operating profit up by 8 per cent to EUR 851 million compared with Q1 2010, driven by strong revenue trend in commercial banking business and flat cost development

2010, the year of recovery: The orientation to exports and to industry was a crucial factor in the upswing.

If you become a new customer of Bank Austria by May 27, 2011, you will benefit from attractive interest rates for a demand deposit

With an increase of 43 per cent in the new business volume to EUR763m and a market share of 13.3 per cent, UniCredit is the clear market leader in Austria in 2010 again

With its new 3.75 % Wandelschuldverschreibung 2011–2021/3 convertible bond Bank Austria Wohnbaubank AG is offering a new WohnbauAnleihe

Austria has largely been spared the slowdown in profit growth observed in several other equity markets and is benefiting from the stable economic situation.

After an excellent start to 2011, Austrian industry has now lost momentum.

In cooperation with Bank Austria, the APA – Austria Press Agency is awarding the prestigious "Writing for CEE" journalism prize for the eighth time this year.

The Manstein Verlag will put on the CASH Trade Forum for the 26th time this year from 27 to 29 April in Fuschl.

Bank Austria economic indicator even higher in March than in previous month

Bank Austria is now offering Fix-Floater-Anleihe 2011–2016 Serie 17, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term without having to worry.

Bank Austria is offering security-conscious investors a new 6-year mortgage bond for private investors as from 8 April 2011.

This year's UEFA Champions League Final online campaign "Make a kid smile" and internal initiatives become active tools for UniCredit's responsible engagement in football sponsorship.

Following the Nokia app at the Ovi Store, the new Bank Austria app for iPhone has been available at the iTunes Store as of recently – the Android app will be available in a few weeks

Corporate banking is an important pillar of business for Bank Austria, generating EUR 899 million or one fourth of the total operating result

In 2011, the UniCredit & Universities foundation and the UniCredit Women’s International Network (UWIN) award the UWIN Best Paper Award together for the first time

Global growth dynamics remain supportive for CEE, external demand surprised on the upside in Q1 though domestic demand remains weaker in a number of economies in the region

With its new Inflations-GarantieAnleihe 2011–2016 Serie 16, Bank Austria is offering a new GarantieAnleihe for investors who expect prices to increase over the medium term and who want to take advantage of this anticipated development to achieve attractive earnings.

Founded as a special-purpose bank in 1994, Bank Austria Wohnbaubank AG focuses exclusively on issuing residential construction bonds with tax benefits.

After the resounding success in 2010, the Bank Austria "Best Start 2011" Sponsorship Award is entering the second round

In order to guarantee its customers legal certainty, Bank Austria is waiving its right to adjust account management fees to the inflation rate as of 1 April 2011

Bank Austria Purchasing Managers' Index records a slight contraction in March, yet second highest result measured

Turbulence in the Middle East and Japan not a threat to economic recovery

Real Invest Austria real estate fund has over EUR 1.5 billion under management

The economic stimulus billion for SMEs in 2010 was well received: Loans amounting to more than EUR923m were granted to SMEs in 2010

The award focuses on service quality offensive, innovative consulting models, customer surveys, complaint management as well as efforts for sustainability or cultural and social sponsoring

Operating performance after provisioning charge improved by 18 per cent to EUR 1.6 billion, both Austria-based business segments and CEE Division operate profitably. Non-operating items have a negative impact of EUR 456 million on performance.

Bank Austria launches a new innovative service for its customers who prefer conducting their banking businesses online and mobile via smart phone.

Bank Austria Business Indicator remains at three-year high in February

For the first time Bank Austria has won the "Central & Eastern European Real Estate Quality Award" (CEEQA) in the category of "Banking and Financial Services Company of the Year 2010".

Euro has limited most European countries' national debt.

This 10-year bank bond offers an attractive floating interest rate over the entire term: starting at 3 percent p.a. for the first two years the interest rate for the remaining term is adjusted to the 30-year CMS and paid out.

The latest corporate bond from the EGGER Group was successfully placed with a volume of EUR 200 million after only a few days on the market.

Strong impetus to Vienna as a business location: investment of between EUR 150 and 280 million creates up to 2,500 jobs

Bank Austria Purchasing Managers' Index reaches new high in February 2011

Guaranteed: Bank Austria Private Banking pays a bonus of up to three per cent if the agreed 3-year performance target is not reached

Strategic interest successfully raised with the purchase of more than 4.4 million shares

Bank Austria Economic Indicator reaches three-year high in January

Bank Austria's "Subsidised Loan Initiative" for 2010 met with extremely strong demand from Austria's small and medium-sized enterprises (SMEs).

Bank Austria has signed a cooperation agreement with Albertina for three years – from 1st January 2011 to 31st December 2013.

Bank Austria played the leading role in arranging credits and guarantees under the Corporate Liquidity Strengthening Act (ULSG).

Banks are confronted with big challenges due to the new regulatory framework such as Basel III, deposit guarantees or national bank tax as well as the market environment.

Austrian industry is in rude health at the start of 2011. Hitting 60.3 points in January the Bank Austria Purchasing Managers' Index came close to the record reading from April of last year.

With a 16 percent increase in the ATX, last year the Vienna Stock Exchange was the second best-performing stock market in the euro zone. In the process the market benefited specifically from the nascent boom in Germany and from the Eastern European recovery.

The recent spike in inflation has rekindled fears of inflation getting out of hand. This sharp increase in prices has been caused by rising global market prices for fuels and agricultural commodities, which will continue to exert pressure on consumer prices.

Bank Austria restructured its credit risk management as of 1 January: Heinz Tschiltsch, 55, former head of Special Accounts Management, took over as the head of the newly established CEE Credit Operations.

Carlo Vivaldi, 45, will become the new Executive Director and Deputy Chief Executive Officer of Yapı Kredi in Turkey, subject to the consent of the Turkish supervisory authorities.

Paolo Fiorentino, Deputy General Manager and Chief Operating Officer of UniCredit, has been elected as Chairman of the Supervisory Board of Bank Austria.

The new Bank Austria BankCard will be available in all Bank Austria branches from 24 January 2011 to people with visual impairment. The innovative product is an important step towards creating barrier-free banking services for people with visual impairment.

As from 6 p.m. in the "Altes Rathaus" (Wipplingerstrasse 8, A-1010 Vienna) Gunter Pauli, author of the report "The Blue Economy" which was prepared for the Club of Rome, will give an address on a form of economic management compatible with conditions prevailing on the blue planet.

Although Central and Eastern Europe were hard hit by the crisis, banking in CEE remains an opportunity. This is one of the key findings of the latest CEE Banking Study, conducted by UniCredit´s CEE Strategic Analysis department.

Andrea Staufer-Waldert, aged 46, has been appointed Bank Austria’s new head of the regional office in the Austrian province of Burgenland with responsibility for private customers and SMEs as of 1 January 2011.

While economic activity started briskly in 2011, it does appear as if the Austrian economy left its most dynamic recovery phase behind it as we moved into the New Year.

Bank Austria has been voted "Best Trade Finance Provider" in Austria for 2011 by US financial magazine "Global Finance".

The regional GDP of Central and Eastern Europe will grow at 3.8 percent this year, up from 3.6 percent in 2010. Moreover every country in the region, as covered by the banking network of UniCredit, is expected to show gains for the first time in four years.

Bank Austria Wohnbaubank AG is issuing a new fixed-income home-building bond. The WohnbauAnleihe 2011 - 2024/1 with stepped interest of 2.87% - 4.50% has a term of 13 years.