Awards for Excellence 2018
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A decade ago Bawag was on the brink of collapse. Many in the industry doubted its survival and would have laughed at the prospect of it surpassing the performance of all the other large Austrian lenders.
Today it is Austria’s most profitable bank, with a return on equity in the mid-teens, a cost-to-income ratio in the early forties and profits before tax that rose above half a billion euros in 2017.
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