Bank Austria crowned "Best Trade Finance Provider Austria" again by "Global Finance"
Bank Austria has been voted "Best Trade Finance Provider" in Austria for 2011 by US financial magazine "Global Finance". This is the outcome of an annual survey of analysts, managers and technology experts, and means the award has gone to Austria's market leader for the third year in succession. Bank Pekao and Ukrsotsbank, its Polish and Ukrainian subsidiaries, were also honoured for the achievements in their home markets. At the same time, UniCredit was voted "Best Trade Finance Provider 2011" in the Central and Eastern European region. The main selection criteria were transaction volumes, geographical spread, customer service, competitive pricing and innovative technologies.
Helmut Bernkopf, Board member at Bank Austria for Corporates & Investment Banking: "Austria numbers among the most open economies in the world, which means exports are crucially important for employment and prosperity in our country. I am delighted with the award from Global Finance, not only because it recognises the sterling work performed by our staff, but also because it is proof that we are the reliable partner to accompany businesses in their international endeavours."
As of 30 September 2010 Bank Austria, which is part of UniCredit, had total assets of EUR 191.5 billion and a pre-tax profit of EUR 1.1 billion. Within UniCredit Group, Bank Austria is responsible for all business in Central and Eastern Europe with the exception of Poland. Bank Austria employs around 59,500 staff in Austria and CEE, spread throughout roughly 3,000 branches.
Financial magazine "Global Finance" was established 21 years ago and is read in 163 countries.
Enquiries: Bank Austria Press Office Austria
Tiemon Kiesenhofer, Tel: +43 (0) 50505 – 56036