Top 5 Largest Banks in Austria

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The banking system in Austria plays a pivotal role in the country's economy, ensuring financial stability and providing essential services to both individuals ... read more...

  1. Top 1

    Erste Group Bank

    Erste Group Bank AG or Erste Group is a leading financial services provider in Central and Eastern Europe, headquartered in Vienna, Austria. With a history that dates back more than 200 years, Erste Group has a strong presence in Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia, and Slovenia, operating over 2,700 branches across the region. In Austria, it is the largest bank and the third-largest company by market cap.

    Erste Group
    's core business lines include retail banking, corporate banking, and asset management. The bank provides various financial products and services to individuals, businesses, and institutional clients. Its retail banking segment offers various deposit and loan products, as well as payment and transaction services. The corporate banking unit serves small and medium-sized enterprises (SMEs) and large corporations with financing, cash management, and trade finance solutions. Erste Group's asset management arm manages mutual funds, pension funds, and other investment products for retail and institutional clients.

    Erste Group
    is committed to sustainability and corporate responsibility, with a focus on environmental, social, and governance (ESG) issues. In recent years, Erste Group has been recognized for its excellence in banking and sustainability. The bank has received numerous awards and accolades for its customer service, digital innovation, and ESG performance. In 2020, Erste Group was named "Bank of the Year" by Global Finance magazine and "Europe's Most Sustainable Bank" by Euromoney magazine.


    Founded: 1819
    Headquarters: Vienna, Austria

    Website: https://www.erstegroup.com

    Screenshot via 	www.erstegroup.com
    Screenshot via www.erstegroup.com
    Photo by Pixabay: https://www.pexels.com/photo/abundance-bank-bank-notes-banking-259249/
    Photo by Pixabay: https://www.pexels.com/photo/abundance-bank-bank-notes-banking-259249/

  2. Raiffeisen Bank International (RBI) is an Austrian banking group and a central institution of the Raiffeisen Banking Group Austria (RBG). It is a leading corporate and investment bank headquartered in Vienna, Austria. With operations in over 13 European countries and a presence in Asia and the United States, RBI has become one of the largest banking groups in Austria and Central and Eastern Europe. It serves more than 16 million customers through its network of around 2,000 branches.


    Raiffeisen Bank International
    offers a broad range of financial products and services, with its core business lines including corporate banking, retail banking, and investment banking. The bank provides financing solutions to large corporations, SMEs, and public sector entities across various industries. In addition, RBI offers retail banking services that include savings accounts, loans, and insurance products to individuals and households.

    In addition, RBI aims to align its business with the Paris Agreement and the United Nations Sustainable Development Goals (SDGs). The bank has pledged to reduce its greenhouse gas emissions by at least 50% by 2030 and to increase its investments in renewable energy and sustainable infrastructure. In 2021, RBI was named "Best Bank in Central and Eastern Europe" by Euromoney magazine and "Bank of the Year" by Global Finance magazine.


    Founded: 1927
    Headquarters: Vienna, Austria

    Website: https://www.rbinternational.com

    Screenshot via www.rbinternational.com
    Screenshot via www.rbinternational.com
    Photo by Pixabay: https://www.pexels.com/photo/gray-auto-bill-counter-164688/
    Photo by Pixabay: https://www.pexels.com/photo/gray-auto-bill-counter-164688/
  3. Top 3

    Oberbank

    Oberbank is a leading Austrian bank that has been providing financial services to private and corporate customers for over 150 years. Founded in 1869, Oberbank has since grown into one of the largest banks in Austria, with a strong focus on sustainability and innovation, receiving many awards including the Recommender Award of the Finanz-Marketing Verbandes Österreich (FMVÖ) in 2009, 2010, 2014 and 2016; on 6 February 2013, it was the only bank in Upper Austria to be awarded the BGF seal of approval 2013 - 2015.

    The bank offers a wide range of products and services, including savings accounts, loans, mortgages, credit cards, investment solutions, etc. In addition to its traditional banking activities, Oberbank also provides leasing and factoring services, as well as trade finance and payment processing solutions. One of Oberbank's key strengths is its regional focus. The bank has a strong presence in Upper Austria, Salzburg, and Vienna and serves customers across Austria, Germany, the Czech Republic, Slovakia, Hungary, and Croatia. This regional approach enables Oberbank to offer personalized service and to build long-term relationships with its customers.

    Oberbank
    is also committed to innovation and digital transformation. The bank has invested heavily in modernizing its IT infrastructure and in developing new digital solutions for its customers, making it a trusted and respected financial institution that is committed to delivering exceptional service and value to its customers.


    Founded: 1869
    Headquarters: Linz, Upper Austria, Austria

    Website: https://www.oberbank.at

    Screenshot via www.oberbank.at
    Screenshot via www.oberbank.at
    Photo by Pixabay: https://www.pexels.com/photo/close-up-of-50-euro-money-248933/
    Photo by Pixabay: https://www.pexels.com/photo/close-up-of-50-euro-money-248933/
  4. Top 4

    BAWAG Group

    BAWAG Group or BAWAG (Bank für Arbeit und Wirtschaft AG, translatable as "Bank for Labour and Business") is a leading financial services provider based in Austria, serving more than 2.5 million customers across Europe. The bank was founded in 1922 as the "Betriebs- und Wirtschaftsbank" and has since grown into one of the largest and most successful banks in Austria.

    BAWAG Group
    offers a broad range of banking products and services to retail, small and medium-sized enterprises (SME), and corporate customers, including savings accounts, loans, mortgages, credit cards, and investment services. In addition to its traditional banking activities, BAWAG Group also provides insurance products, wealth management services, and real estate financing solutions. In addition, BAWAG Group has been at the forefront of digital transformation, offering its customers modern and convenient digital banking solutions. This includes a mobile banking app and various online banking services.

    In recent years, the group has expanded its operations beyond Austria, with a presence in several other European countries, including Germany, Switzerland, and Belgium. BAWAG Group has received numerous awards and accolades for its outstanding performance, including being named "Bank of the Year" by The Banker magazine in 2017. The company continues to innovate and grow, driven by a commitment to delivering exceptional customer service and value to its stakeholders.


    Founded: 1922
    Headquarters: Vienna, Austria

    Website: https://www.bawaggroup.com

    Screenshot via www.bawaggroup.com
    Screenshot via www.bawaggroup.com
    Photo by cottonbro studio: https://www.pexels.com/photo/10-and-20-euro-banknotes-3943733/
    Photo by cottonbro studio: https://www.pexels.com/photo/10-and-20-euro-banknotes-3943733/
  5. Top 5

    UniCredit Bank Austria

    UniCredit Bank Austria, branded and widely referred to as Bank Austria, is part of the larger UniCredit Group, which operates in over 14 countries and has more than 8,500 branches. It is one of the leading banks in Austria, formed in 1991 by the merger of Vienna's Länderbank and Zentralsparkasse. The bank also has a strong presence in Central and Eastern Europe, making it an important partner for businesses looking to expand into these regions.


    UniCredit Bank Austria offers a wide range of financial services for both retail and corporate customers. Retail customers can access savings accounts, checking accounts, credit cards, loans, mortgages, insurance products, and investments through UniCredit Bank Austria. The bank also provides digital banking options, allowing customers to manage their finances online or through mobile apps. For corporate customers, UniCredit Bank Austria offers financing solutions, cash management services, trade finance, investment banking, and capital markets services.

    In addition to its financial services, UniCredit Bank Austria is committed to sustainability and corporate social responsibility. The bank has received numerous awards and recognitions for its financial performance, customer service, and corporate responsibility. In 2020, the bank was named "Best Bank in Austria" by Euromoney magazine and received the highest rating possible from the Austrian Association for Consumer Studies.

    Founded: 1991
    Headquarters: Vienna, Austria

    Website: https://www.bankaustria.at

    Screenshot via www.bankaustria.at
    Screenshot via www.bankaustria.at
    Photo by Pixabay: https://www.pexels.com/photo/pile-of-gold-round-coins-106152/
    Photo by Pixabay: https://www.pexels.com/photo/pile-of-gold-round-coins-106152/



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