Awards of Excellence: European country awards

Awards for Excellence 1997

Awards for Excellence 1997

Austria

Best bank Bank Austria

Bank Austria’s acquisition of Creditanstalt gives it the lion’s share of Austria’s retail, corporate, investment and treasury banking sectors. Its financial soundness, giving it a triple-A rating, is a key factor in the bank’s success. In the retail market, the bank is an innovator in product development and product placement, offering not only full banking services but also insurance, securities and mutual funds. The bank is very active in international markets, regarding itself as a central European institution with ambitions in a large number of countries in the region.

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