Press Archive 2012

There is no definitive trend in the value of the holiday euro for Austrians in the winter of 2012.

Signs of stability have surfaced in business trends throughout industry in the last few weeks, and this is now starting to have a positive impact on the overall economy.

Bank Austria is offering security-conscious investors a new 8-year mortgage bond for private and corporate customers from 3 December 2012.

The year 2012 was a very good one for Wall Street.

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

The downward cycle of Austrian industry has drawn to a close and economic activity has clearly bottomed out.

The dark clouds on the horizon for Austria’s business activity are showing no signs of clearing out.

Compared to last year, lending volume rises by 3.9 per cent to EUR 136.3 billion, customer deposits up by 7.4 per cent to EUR 110.8 billion

Austrian agriculture has two very successful years behind it: Agricultural revenues in Austria rose by nearly one third in 2010 and 2011 to a total of EUR 2.6 billion.

Bank Austria Purchasing Managers' Index falls again in October – but decline only minimal this time, down 0.3 points to 44.8 points

The potential damages of Hurricane Sandy are so huge because – unlike most hurricanes – it is expected to make landfall not in the Gulf of Mexico but on the East Coast, and pretty far north at that, where it is wreaking havoc on some of the big cities.

KELAG was able to successfully place a EUR 150 million bond on the market.

Municipal forums met this year in Innsbruck and St. Pölten under the title of "Planning with the debt brake".

Bank Austria will implement the EuroSIG core banking system, one of the most advanced IT systems in Europe, from 26 to 28 October 2012.

After the tangible slowdown in growth dynamics in the year to date, the Austrian economy switched down another gear in the early autumn.

The latest Bank Austria Investment Barometer for World Savings Day shows surprising developments and strategies among investors under the current difficult conditions

Euromoney's Cash Management Poll 2012 yesterday revealed that UniCredit is the cash management provider of choice for international corporates with operations in Central and Eastern Europe.

The Bank Austria Funding Adviser, a free online service tool from Bank Austria, was selected by the participants in this year's Alpbach Finance Symposium as the most innovative financial service of 2012.

The eurozone crisis has significantly weakened the risk appetite of commercial real estate investors.

The past couple of quarters unmistakably reminded CEE countries of the fact, that the post-crisis growth path is neither smooth nor guaranteed.

The European Investment Fund (EIF) and UniCredit Bank Austria have today signed the first guarantee agreement to support lending to small and medium-sized enterprises (SMEs) under the Risk Sharing Instrument (RSI), a joint initiative of the European Investment Bank Group and the European Commission.

With the KünstlerSparbuch 2012 passbook savings account, savers can get a good return on their savings, enjoy art and culture, and at the same time help others.

The slowdown of Austrian industrial activity gained momentum again at the start of the autumn.

Bank Austria is offering security-conscious investors a new 8-year mortgage bond for private and corporate customers from 21 September 2012.

On Wednesday, 19 September OMV successfully placed the largest bond issue of an Austrian company this year with a total nominal value of EUR 1.5 billion.

With the solar installation on the roof of the Bank Austria head office at Lassallestraße 5 in District II., Vienna's largest photovoltaic plant run by a private operator will go onstream at Bank Austria.

Bank Austria's Business Indicator sinks to -0.7 points in August, the third decline in a row

As part of its business ecology programme and in order to raise its eco-efficiency, Bank Austria has set its focus on a variety of measures to lower the company's energy consumption.

This Fixzins-Obligation (fixed-interest bond) is tailored to meet the investment needs of small and medium-sized enterprises (SMEs) and of independent professionals, enabling investors to accurately calculate income based on an interest rate which is fixed for the entire term.

The Bank Austria StudentenKonto current account offers SmartBanking for smart students.

The Democratic National Convention takes place this week in Charlotte, North Carolina. As expected, Barack Obama will be installed as the Democratic candidate for the forthcoming US presidential election in November.

Austrian industrial activity began to cool down rapidly at the start of the summer. However, there are now signs that this downward trend is slowing and stability is beginning to return.

With the support of Solvster (www.solvster.com), an Austrian company and social media tool, Bank Austria launched an innovative customer dialogue in July 2011 to enhance its SmartBanking services.

Just over a year ago, at the beginning of August 2011, Standard & Poor’s (S&P) revoked the US’s AAA rating for its government bonds.

The newest and most modern ski-resort in Georgia is currently being developed in the mountainous Adjara region, opening the market for Austrian expertise in cable car and ski lift technology.

Following satisfactory development in the first half of 2012 in light of the difficult international environment, the domestic economy will face even harsher conditions in the coming months.

Bank Austria is now offering Fix-Floater-Anleihe 2012–2016 Serie 54, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term and for whom a minimum interest rate is an important consideration.

UniCredit Leasing becomes the first Austrian leasing company to launch the free UC Leasing calculator as an app for the iPhone

Net operating profit up by 11.1 per cent due to sound performance from customer business, flat cost trend and further decline in net write-downs of loans

Net operating profit up by 11.1 per cent due to sound performance from customer business, flat cost trend and further decline in net write-downs of loans

Austrian industry has started the second half of 2012 with a significant decline in production, as shown by the Bank Austria Purchasing Managers’ Index in July.

The good news is that in 2011 Austria's construction industry was able to completely offset the losses caused by the recession.

Journalists from all parts of Europe are invited to submit their journalistic work for the prominent Writing for CEE European journalism prize by 31 July 2012.

Bank Austria Business Indicator falls for the first time in half a year to stagnation level.

Austria's economy and therefore the real estate sector are suffering under the debt crisis in the eurozone.

The distinguished international financial magazine EUROMONEY has named Bank Austria the Best Bank in Austria in its Awards for Excellence 2012.

ANDRITZ AG was able to successfully place a EUR 350 million bond on the market.

Bank Austria's Purchasing Managers' Index sank in June to 50.1 points – after the fourth decline in a row Austrian industry has nearly stopped growing

Bank Austria’s account for young people, which is offered free of charge, is breaking new ground: the portal www.megacard.at is moving to Facebook

With a total issue volume of more than EUR 4.06 billion, which is about one-third of all Wohnbauanleihen (residential construction bonds) issued since 1994, Bank Austria Wohnbaubank once again maintained its position as Austria’s largest bank in the residential construction segment in 2011, which proved to be yet another difficult financial year.

Weaker euro results in lower purchasing power in Asia

Bank Austria Real Invest receives award as builder: Bonygasse residential project prevails over the 21 other submitted projects

Bank Austria is offering security-conscious investors a new 6-year mortgage bond for private and corporate customers from 21 June 2012.

The 27th Vienna Urban Renewal Prize 2012, worth EUR 11,000, was recently presented by the Vienna Economic Chamber at the Kursalon Wien.

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

Burgenland makes steady progress in federal province ranking and relinquishes last place – strong need for improvement in living standards.

Subscription period closed early – first retail bond from conwert in the amount of EUR 65 million enjoys strong demand

UniCredit Bank Austria AG is launching the sale process for its property in Schottengasse 6-8. The building will be sold to the bidder who submits the highest offer by the end of the current year.

2011, the year of two halves: fast, export-driven recovery with signs of fatigue towards end of year; hopes for revival at end-2012

Montana Tech Components’ first corporate bond – the eighth Austrian corporate bond this year – was met with great interest.

Bank Austria Purchasing Managers' Index in May comes in at 50.2 points, still denoting growth but now third decline in a row

To date, bank lending to the corporate sector in the CEE region is holding up well, but a diverging performance among countries is likely to persist over the coming months.

Dietmar Mascher was conferred with the renowned Horst Knapp Prize for his journalistic achievements at an awards ceremony at Bank Austria on Monday evening.

Bank Austria Business Indicator underscores continued economic recovery in Austria in April with fourth increase in a row to 0.7 points

Bank Austria was awarded second place in the competition for Austria's most customer-oriented service provider of 2012 after winning in the previous year

Account campaign: Bouquet from Fleurop for new customers, with a total of 100,000 flowers to be given away, free account for new customers for one year and free image BankCard

Bank Austria posts first-quarter net profit of EUR 399 million

Europe needs investments: EU employment package indicates potential for 27 million new jobs in innovative sectors by 2020

Europe needs investments: EU employment package indicates potential for 27 million new jobs in innovative sectors by 2020

Bank Austria Purchasing Managers' Index again signals moderate industrial growth in Austria, despite marginal drop to 51.2 points in April

At its meeting on Thursday, 26 April 2012, the Supervisory Board of UniCredit Bank Slovenia D.D. designated Stefan Vavti, 42, as new Chief Executive Officer of the bank.

Bank Austria is now offering Fix-Floater-Anleihe 2012–2016 Serie 48, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term without having to worry.

At its meeting on Thursday, 26 April 2012, the Supervisory Board of UniCredit Bank Slovenia D.D. designated Stefan Vavti, 42, as new Chief Executive Officer of the bank.

The 5,000-euro Writing for CEE European journalism prize is up for grabs again in 2012

The 5,000-euro Writing for CEE European journalism prize is up for grabs again in 2012.

The 7-year covered bond 2012/2019 (EUR 500mn, 2.625%) of UniCredit Bank Austria AG with a coupon of 2.625% was priced yesterday afternoon.

KTM Power Sports AG issued its first bond for private investors, which generated strong demand on the domestic market.

Bank Austria Business Indicator for March rises for third time in a row to 0.4 points, confirming the Austrian economy's bright growth prospects

Until 11 May 2012, new customers of Bank Austria can benefit from attractive interest rates for demand deposits

Bank Austria is offering security-conscious investors a new 6-year mortgage bond for private and corporate customers from 2 April 2012.

The business park in Götzis, Vorarlberg is changing hands.

Bank Austria Purchasing Managers' Index signals growth in March for third time in a row with 51.5 points – slight dip in pace of expansion

Polish real estate market enjoys great popularity among international investors: Economic stability and well developed market make it attractive

Austrian business segments and CEE Division report profits

Towards the end of the winter, the Austrian economy caught the scent of spring again.

A profound fear of inflation triggered by the debt crisis has fuelled the demand for rental properties.

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.

Bank Austria Art Prize with a total prize pool of EUR 218,000 awarded for the second time this year

Miba AG's first bond sold like hot cakes on the Austrian market.

Bank Austria Business Indicator climbs out of the red in January

High-risk asset classes (equities and alternative investments) were off to a good start in 2012

UniCredit Business Integrated Solutions Austria GmbH starts on 1 February 2012. It is a wholly-owned subsidiary of UniCredit Business Integrated Solutions S.C.p.A., launched on 1 January 2012.

The "UniCredit Bank Austria Campus" project on the site of the former Nordbahnhof, Vienna's old Northern Railway Station in the city's second district, is located on the axis between central Vienna and Donau-City, the district on the other side of the Danube.

The positive signs of a burgeoning stabilisation of the slowdown in industrial activity seen last month were more than confirmed in the most recent survey of Austria's purchasing managers.

Bank Austria was once again named the “Best Trade Finance Provider” in Austria for 2012 by the US financial magazine Global Finance.

Bank Austria's branch search function now includes all branches where employees serve customers also in foreign languages.

Over the medium to long term there is still potential for the CEE banking sector to generate above-EU average growth in banking volumes and profitability, as the financial penetration gap still exists and economic convergence prospects remain broadly intact.

Long-term outlook for regional convergence remains intact, while average economic growth will likely be structurally lower and growth differentials within the region wider than in the past.

With economic growth of approximately 3.3 percent the Austrian economy put in a good performance despite a setback in the second half of the year and growing uncertainty towards the end of 2011.

Anyone wanting to sell property during the euro crisis is in a comfortable position, given persistent strong demand for "concrete gold" and still low interest rates.

The economic situation in Austria started to stabilise around the turn of the year.

Bank Austria recently signed a letter of intent regarding a more intense collaboration with the South Korean export insurer Korea Trade Insurance Corporation (K-sure).

Bank Austria is now offering Fix-Floater-Anleihe 2012–2015 Serie 40, a new ErfolgsAnleihe bond for investors who want to invest their money for a reasonable term without having to worry.

Real Invest Austria, the market leader among Austria’s retail real estate funds, continued the positive trend from past years in 2011.