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Bank Austria

Company nameBank Austria Creditanstalt AG
Company typeSubsidiary of Unicredit
Sloganbanking for success
IndustryFinance and Insurance
Founded1855 CA
1880 Länderbank
1905 Zentralsparkasse
1991 Bank Austria (fusion of ZSK and LB)
2002 Bank Austria Creditanstalt
2008 Bank Austria
HeadquartersVienna, Austria
Key peopleWillibald Cernko, Chairman
ProductsCommercial banking, Investment banking, Private banking, Asset management
Revenue- bn (as of 2004)
ParentUnicredit

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UniCredit Bank Austria AG is a Central and Eastern European bank, 96.35% owned by UniCredit Group.

BA-CA's history goes as far back as 1855, the year the Creditanstalt was founded. In 1991, Zentralsparkasse und Kommerzialbank and Oesterreichische Laenderbank merged to form Bank Austria. In 1997, Bank Austria took over Creditanstalt, the country's second-largest bank. In 2000, BA-CA joined forces with HVB Group. Since December 2006, BA-CA has been a member of UniCredit Group. In 2006 continued its expansion in Russia by acquiring remaining shares in International Moscow Bank and 100% of institutional business of Aton Capital - a Russian brokerage.Since 31 March 2008, the bank has been operating under the brand name "Bank Austria" and they have got a new logo to show the connection to the UniCredit Group.




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