Top Largest Banks in Austria

The top largest Austrian banks are Bank Winter, Bank Austria, BAWAG P.S.K., Erste Bank, among others.

Bank Austria AG is Austria's largest and most profitable banking group. It offers a full range of banking services encompassing accounts and financing arrangements. Its services also include investment advisory services, asset management, active advisory brokerage and the Family Office.

Bank Winter is one of the largest privately owned Merchant Banks in Austria, with transactions reaching from China to Brazil with Central and Eastern Europe as core market. It offers a range of services from trade financing and investment banking to structuring complex financial transactions and assistance in setting up trusts. In 1997 Bank Winter was ranked 16th in the BIS ratio (The Banker) among the 1,000 largest banks worldwide.

BAWAG P.S.K. is the fourth largest bank in Austria. It was formed by the merger of the separate P.S.K. and BAWAG banking firms. The bank generated a profit after tax of EUR 96.8 million in the first half of 2010 compared to EUR 13.3 million in the first half of 2009, a EUR 83.5 million increase.

Erste Bank is one of the biggest bank groups in Austria. Founded in 1819, the bank plays a major role in the development of financial management in Austria and Central Europe. It is among the Austrian market leaders in private banking, and manage the assets of both private and institutional investors at home and abroad. Its clients include private individuals, private foundations, companies, self-employed professionals, public and nonprofit institutions, and large institutional investors.

* Next: Top Largest Banks in Australia
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