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06.04.2018

UniCredit Bank Austria offers unparalleled services in China for Austrian companies

  • UniCredit offers for Austrian companies the widest range of service and local operations in China
  • UniCredit is present in China’s main economic hubs of Beijing, Shanghai and Hong Kong with more than 30 years of expertise and thorough market knowledge in China

UniCredit Bank Austria is part of the business delegation from 7 to 12 April on the occasion of the visit of Austrian Federal President Alexander Van der Bellen in China. “UniCredit is the partner of choice for Austrian companies for growth in Asia and especially in China. UniCredit’s strong presence in Asia is backed by more than 30 years of experience in the region. Austrian companies have a strong footprint in Europe, but they also have the need to expand their business and enter new markets”, says Dieter Hengl, UniCredit Bank Austria Management Board member responsible for Corporate & Investment Banking, who will be part of the business delegation headed by the President of the Austrian Federal Economic Chamber Christoph Leitl.

UniCredit is sponsoring the business conference “Austria Connect China 2018”, held in Beijing on the occasion of the visit of the Austrian Federal President. The conference is the centrepiece of the journey and a top event of the Austrian business community. The topic for this year’s conference will be “Let’s talk strategy”. The aim is to formulate strategic priorities for Austria's foreign trade relations with China and to provide companies with strategic tools for doing business with China.

UniCredit’s unique services in China
China is Austria's second-largest foreign trade partner overseas. For Austrian companies, in addition to the effects on third-party markets, the size of the Chinese sales market is particularly decisive for their involvement in China. “As a financial partner for foreign trade we as Unternehmerbank use our many years of know-how and tailored product solutions to support customers in their business with China, including Hong Kong. Whether a company takes the first step across borders or already has international branches, we offer our customers a worldwide network to benefit from growth opportunities, "says Susanne Wendler, UniCredit Bank Austria Area Head Corporate Clients. Bank Austria's UniCredit International Centre helps clients reap the full benefits of UniCredit's global network and unlock the full potential of an international banking group. Thanks to the UniCredit branch offices, UniCredit Bank Austria is the Austrian commercial bank to have the widest range of service and local operations in place. It is present in China’s main economic hubs of Beijing, Shanghai and Hong Kong.

Customers benefit from a long-standing experience and strong base in China. UniCredit has extensive expertise and thorough market knowledge in China with professional and experienced banking experts from Europe and Asia. There is German-speaking staff in Beijing, Hong Kong and Shanghai.

UniCredit offers a comprehensive and customised range of products in China: working capital and investment financing or export and import financing in Yuan (CNY) and foreign currencies, as well as account management in CNY and foreign currencies, cash management und e-banking services. Alongside documentary and guarantee transactions as well as interest and currency deals, the branch in Hong Kong also offers a broad range of product solutions and services that focus on the CNY, such as financial transfers, deposits, corporate loans, trade finance, FX trading, clearing, processing and settlements.

About UniCredit
UniCredit is a successful European commercial bank with a simple business model and fully integrated Corporate & Investment Banking, which offers its 25 million customers a unique network in Western, Central and Eastern Europe as well as in the USA, Middle East and Africa and Asia.

UniCredit Corporate & Investment Banking serves 1,500 multinational corporates and key financial institutions and supports the Group’s corporate banking units in delivering services to 600,000 corporate and public-sector clients.

UniCredit Bank Austria is Austria’s leading bank for corporate customers and number 1 in foreign trade. Every second Austrian company relies on the expertise of UniCredit Bank Austria in foreign trade.

UniCredit was named “Global Trade Finance Service Leader” by financial journal “Euromoney”. The bank scooped a total of 21 #1 rankings, being named market leader in Central and Eastern Europe, Italy and seven other European countries. UniCredit Bank Austria was recently named "Best Trade Finance Provider 2018" in Austria by the US business magazine "Global Finance" for the tenth time in a row.

Enquiries: UniCredit Bank Austria Media Relations
Franziska Schenker, Tel.: +43 (0) 5 05 05-51417;
E-mail: franziska.schenker@unicreditgroup.at