Country Awards for Excellence 2020: Western Europe

Austria Best bank: UniCredit Bank Austria

UniCredit Bank Austria wins this year’s award for Austria’s best bank by virtue of its excellent profitability and commitment to innovation. The Italian subsidiary, which boasts a market-leading position in corporate banking and private banking, saw net profit last year jump by 33.7% to €568 million, representing a return on allocated capital of 14.1%.

This was achieved despite substantial investment in digitalization, an area in which UniCredit Bank Austria has established a track record as a pioneer.