As part of UniCredit Group we are the leading bank in our expanded operations perimeter. We operate with the standing and expertise of a major international bank.
We are both international and local, enabling us to meet the demands of our target customers.

 3 of 114 
Page Tools

Further Crosslinks

Bank Austria Creditanstalt’s integration in UniCredit Group improves the bank’s competitiveness. In Austria and CEE we operate with the status and expertise of a major international bank. Our business model focuses on specialisation based on customer needs and best practice within the business divisions. We can make available to the customers of the entire UniCredit Group the advantages of our market position in Austria and Central and Eastern Europe, where we are the clear market leader following the integration of all CEE banks of the Group. We are very well positioned for sustained growth and value enhancement.

Less than two years after the creation of UniCredit Group in mid-2005 we can say, with some pride, that we have created the structures of a truly European bank and are now very close to realising the vision for our bank. 2005 was for Bank Austria Creditanstalt the year in which the decisions were being taken for the future positioning of the bank, 2006, or more precisely, the period between March 2006 and March 2007, was characterised by integration and the implementation of UniCredit Group’s business model.

Key Figures Bank Austria Creditanstalt (graphic)
  • In this short time, we have created a clear governance structure.
  • We aligned our organisational structure and business segment definition with the divisional structure of UniCredit Group.
  • We are in the process of implementing our common business model with this new structure. While being customer-oriented, the model uses the synergies and Group benefits of a comprehensive network of leading local banks. In UniCredit Group, “specialisation” has therefore shifted from national frontiers to customer segments with their specific needs. We act and think as internationally as our customers.
  • In the past year, in a step-by-step process, we assumed the function of a sub-holding company for Central and Eastern Europe (CEE) with the exception of Poland and Ukraine. The perimeter of our operations has consequently expanded significantly, and the prospects of sustained growth are assured through the responsibility assumed for the successful banks in the new markets.
  • Despite these numerous changes, which are reflected in the financial statements for 2006, the bank’s operating performance improved further in line with the trend of previous years.
top
 3 of 114 
 
 
 
Data Protection Terms & Conditions Imprint
© 2007