Awards of Excellence: European country awards

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Awards of Excellence: European country awards

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.

Best securities firm Investmentbank Austria

Investmentbank Austria handles all investment banking for Bank Austria Group, offering a wide range of products and services with special emphasis on central and eastern Europe. It has access to the capital markets of Vienna and central and eastern Europe as well as to Easdaq and is offering the first direct access to the Deutsche Terminbörse. Its Austrian and central European research has been rated the best in Austria, serving 500 international and 400 national institutions. Investmentbank Austria issues index and individual share-linked derivatives on the Austrian index as well as on central European indices and acts as market-maker for the Austrian Options and Futures Exchange.


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