Reorganisation of Bank Austria's investment banking business
After approval by the Supervisory Board of UniCredit Bank Austria AG and by the Supervisory Board of UniCredit Bank AG, Munich (HypoVereinsbank [HVB], the former Bayerische Hypo- und Vereinsbank AG), investment banking activities in Austria which have so far been bundled within CAIB will be reorganised:
Bank Austria sells HYPERION Immobilienvermietung
Company sold by tender to SIGNA Holding, which submitted the best offer
Last Wednesday Bank Austria completed the sale of HYPERION Immobilienvermietungsges.m.b.H. as planned. Following a single-stage bidding process, the company was sold by tender to SIGNA Holding of the Tyrolean real estate investor Rene Benko, which submitted the best offer.
EK Fin invests in Forstinger
EK Fin has acquired a minority interest in Forstinger Handel und Service GmbH. The former sole shareholder, Better Place, will retain the remaining shares.
Mezzanine capital provides financing solution for Roses Fashion Outlet Center
The good development of Roses Fashion Outlet Center, which opened one year ago, was one of the reasons why the Austrian operator promptly decided to increase the first project phase by around 3,000 m² of office space.
UniCredit Group received seven awards by "The Banker"
UniCredit Group has won seven prestigious awards attributed by "The Banker", the reference magazine part of the FT Group. Those recognitions come on top of the award for the "Best investment bank in CEE" received in October, bringing the total number of awards attributed this year by The Banker to UniCredit Group to a record eight.
Bank Austria inaugurating new competence centre on Stephansplatz square
On December 2, Bank Austria Chairman of the Management Board Willibald Cernko inaugurated the new Bank Austria competence centre at Stephansplatz 2 opposite the cathedral.
Results for the first nine months of 2009:
Bank Austria: profit before tax of EUR 1.2 billion for first nine months
Operating profit up by 31 per cent to new record level of EUR 2.8 billion
Better money management and reasonable savings
Bank Austria: Information platform "Mein Geld" is online!
The financial and economic crises have made it clear: conscious money management, secure investment opportunities and savings as well as dealing with financial problems and losses are everything else but a matter of course. The Austrian Federal Ministry of Labour, Social Affairs and Consumer Protection as well as the Austrian Federal Ministry for Education, Arts and Culture, the Austrian Financial Marketing Association (fmv) and Bank Austria will discuss today "Brauchen die Österreicher einen Turbo für Finanzwissen?” ("Do Austrians need a turbo for financial know-how?") in the Oktogon Hall on 16th of October 2009.
Moll Maschinenbau, an investment of EK Fin, wins major order from leading carmaker
In relation to the construction of a new plant by a leading German auto manufacturer, the Moll Group, headquartered in Bavaria, has received its largest order ever, with a volume of over EUR 30 million.
Change of CEOs at Bank Austria:
Willibald Cernko takes over as CEO of Bank Austria
According to the Supervisory Board decision from 29 July of this year, Willibald Cernko, 53, will take over as CEO of Bank Austria tomorrow. His predecessor, Erich Hampel, will become the deputy chairman of the bank’s Supervisory Board on the same day, and will also continue to be a member of the Supervisory Board for five subsidiaries of Bank Austria in Central and Eastern Europe.
Change of CEOs at Bank Austria:
1997–2009: Milestones during Erich Hampel's tenure as CEO
Under the aegis of Erich Hampel, Bank Austria successfully turned its vision of becoming an Austrian bank with responsibility for 19 countries in CEE into a reality and went from a "national champion" to a leading player in the "Champions League" of European banking.
UniCredit Group brings the UEFA Champions League Trophy to Milan
Today UniCredit Group inaugurated its three year sponsorship of the UEFA Champions League by hosting the UEFA Champions League Trophy Tour in Milan, a glamorous event that enables football fans and the general public to see the trophy, and feel the excitement of the most prestigious club football competition.
Bank Austria logs EUR 3 billion in advance requests for ULSG guarantees
Enormous interest from Austrian business in guarantees from the Austrian Control Bank
Results for the first six months of 2009:
Bank Austria posts profit of EUR 833 million for the first half of 2009
Operating profit rises to record level of over EUR 2 billion driven by strong operating performance in customer business, up by about 51 per cent on H1 2008.
Bank Austria's Supervisory Board decisions on Management Board
Yesterday the Supervisory Board of Bank Austria adopted the following resolutions concerning the future composition of the Management Board and the distribution of responsibilities: Willibald Cernko will become Bank Austria's new Chairman of the Management Board with effect from 1 October 2009.
European Investment Bank grants global loan to Bank Austria
The European Investment Bank granted Bank Austria a global loan for EUR 150 million with a total term of eight years. These attractive funds will help to refinance new commercial loans.
Bank Austria expands its corporate banking structure
Subject to the Supervisory Board's decision, Bank Austria will integrate the Markets & Investment Banking Division into its corporate banking activities on 31 July in accordance with UniCredit's organisational structure. This expanded business unit will go by the name of Corporate & Investment Banking (CIB) and will be headed by Bank Austria director Helmut Bernkopf.
Bank Austria, DekaBank and Société Générale will no longer support the export financing of the Ilisu project
In line with the decision of the Export Credit Agencies, the three banks will apply the mechanism foreseen in case the contractually agreed measures ensuring the World Bank guidelines on environment, resettlement and cultural heritage are not fully implemented.
UniCredit starts a three year sponsorship of the UEFA Champions League
Starting from today, UniCredit becomes an official sponsor of the UEFA Champions League for the next three seasons (2009-2012), initiating an exciting journey to position its brand at the top - in Europe and the world - in terms of visibility and awareness.
Bank Austria concludes first soft loan with Albania
A few weeks ago Bank Austria concluded its first soft loan to the Republic of Albania. The country was represented in the negotiations by its ministry of finance. The volume of the loan is EUR 7.5 million and will be used to modernise Shefqet Ndroqi University Hospital, which is located in the Albanian capital of Tirana and has 300 beds.
Bank Austria launches SME information events
Regular events with comprehensive information for small and medium-sized enterprises
Together with the austria wirtschaftsservice (aws), the Vienna Business Agency, the Wiener Kreditbürgschaftsgesellschaft (WKBG) and Wifi Wien, Bank Austria will be launching its SME information events in June.
Bank Austria comments on media speculation concerning Bank Medici:
Bank Medici solely responsible for dealing with reports of internal audit
Bank Austria wishes to correct recent inaccurate media speculation about its connection with Bank Medici. Bank Austria was only ever a minority shareholder in Bank Medici and did not exercise control over Bank Medici. All day to day activities in Bank Medici were the responsibility of the executive officers of Bank Medici.
New structure of Bank Austria Private Banking
As a result of the recent evaluation process in the Private Banking sector, UniCredit Bank Austria has decided to integrate Bank Privat in the new Private Banking Division of Bank Austria.
Results for the first three months of 2009: Bank Austria off to a good start in 2009 with profit of EUR 547 million
Customer business in Austria shows a stable trend, and operating profit in Central and Eastern Europe continued to rise strongly, by 42 per cent.
Angerlehner Group finances market expansion with mezzanine capital
Angerlehner Hoch- und Tiefbaugesellschaft mbH, a company specialising in the renovation of sewers and pipes and based in the Austrian town of Pucking near Linz, will continue on its path to international success in 2009. In order to support the company's further expansion plans – particularly in Asia – and to meet its increased requirements for equity capital for project financing, Mezzanin Finanzierungs AG is investing EUR 3 million in mezzanine capital.
Bank Austria Creditanstalt Wohnbaubank: Total volume of issues climbs to approximately EUR 4.4 billion
Bank Austria Creditanstalt Wohnbaubank AG placed issues totalling EUR 262 million on the market in fiscal year 2008, pushing the bank’s total volume of issues since its founding in 1994 to over EUR 4.4 billion.
Results for the 2008 financial year:
Bank Austria: EUR 1.1 billion profit despite financial crisis
Erich Hampel, Bank Austria's Chief Executive Officer: "2008 was a very difficult year for banks, with exceptional negative impacts resulting from the financial market crisis, which started one and a half years ago, and from the global economic downturn towards the end of the year. Our focus on customer business and our business model of a widely diversified universal bank again proved successful in this market environment."
Bank Austria Corporate Banking launches image campaign
Bank Austria's Corporates Division launched a new image campaign with the motto "To give every idea an opportunity" at the beginning of the month. The campaign was developed by the agency Jung von Matt / Donau and will run until December of this year.
Bank Austria's interim report on Vienna's SME action week
The action week by the City of Vienna, Vienna Chamber of the Economy, the Economic Development Fund, AWS, Bank Austria and other lending institutions on SME financing has met with great interest.
New homepage for Bank Austria's website
Starting today, the homepage of Austria's largest bank will feature the same design as its umbrella brand, UniCredit Group.
International Investors Conference set to open in Kitzbühel
The traditional UniCredit CAIB investors conference will take place this year from 21 to 24 January 2009 at Hotel Schloss Lebenberg in Kitzbühel.