Country Awards for Excellence 2018: Western Europe

© 2018 Euromoney

Regional awards

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Austria Best bank: Bawag Group Best investment bank: Goldman Sachs

Bawag Group was the momentum player in Austria again last year as the results of the group’s radical transformation began to feed through. Despite completing multiple acquisitions and integrations through 2017, as well as a landmark IPO in October, the lender managed to produce another year of record results. Pre-tax profit for the group was up 12% to €517 million, driven by stellar growth in the Austrian retail segment.