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The new online banking of Bank Austria.

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The online banking for companies.

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GoGreen-account – the green current account. Because everyone can do something for the environment. To the GoGreen-account

The UniCredit Bank Austria Business Indicator provides an overview of the current economic situation in Austria.

Second lockdown stalls recovery of Austrian economy

  • UniCredit Bank Austria Business Indicator falls to minus 2.5 points in November in biggest monthly decline since April
  • Economic dichotomy continues: Industrial and construction sectors largely stable; significant slump in services sector
  • Renewed drop in GDP in Q4 caused by lockdown triggers slight recession in Austria as winter approaches: Economic output declines by more than 7% in 2020
  • Rebound in Q2 2021 would herald possibility of strong recovery from H2 onwards
  • GDP growth of 3.1% expected in 2021; 5.2% percent in 2022
  • Slow labour market recovery expected from H2 2021 onwards following deterioration over winter
  • ECB continues monetary easing due to low inflation expectations 

 

as of 15 December 2020.