August 21, 2014 12:35 AM ET

Banks

Company Overview of UniCredit Bank Austria AG

Company Overview

UniCredit Bank Austria AG provides various banking products and services to private and corporate customers in Europe and internationally. It operates in Retail & Corporates, Private Banking, Corporate & Investment Banking, and Central Eastern Europe segments. The company offers fixed deposits, current accounts, savings products, securities investment plans, and bank cards; international transfer services; financing services comprising loans and vehicle leasing services; housing finance; online and mobile banking services; and asset management and investment advisory services. It also provides capital market services; real estate services, including financing, consulting, property appraisal,...

Schottengasse 6–8

Vienna,  1010

Austria

Founded in 1855

Phone:

43 505 050

Fax:

43 505 055 6155

Key Executives for UniCredit Bank Austria AG

Chairman of The Management Board and Chief Executive Officer
Age: 58
Chief Financial Officer and Member of the Management Board
Age: 48
Chief Executive Officer of Unicredit
Age: 59
Chief Executive Officer of Unicredit Leasing Austria and Head of Austrian
Deputy Chairman of Management Board
Age: 58
Compensation as of Fiscal Year 2014.

UniCredit Bank Austria AG Key Developments

UniCredit Bank Austria AG Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

UniCredit Bank Austria AG announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s net interest was EUR 841 million. Operating income was EUR 1,376 million. Operating profit was EUR 541 million. Net operating profit was EUR 350 million. Profit before tax was EUR 421 million. Net profit attributable to the owners of Bank Austria was EUR 351 million. For the six months, the company’s net interest was EUR 1,708 million against EUR 1,716 million a year ago. Operating income was EUR 2,907 million against EUR 3,041 million a year ago. Operating profit was EUR 1,250 million against EUR 1,362 million a year ago. Net operating profit was EUR 918 million against EUR 848 million a year ago. Profit before tax was EUR 935 million against EUR 743 million a year ago. Net profit attributable to the owners of Bank Austria was EUR 776 million against EUR 583 million a year ago.

GSG Group In Talks For Financing For Acquisitions

GSG Group (XTRA:O5G) plans to raise €1 billion from international investors to finance an expansion across Europe. Martin Nemecek, Chief Executive Officer of GSG Group said on July 31 that GSG Group is looking for acquisitions in central Europe, its main area of business, and “high-end” projects further west in countries including France, Italy or Switzerland and GSG Group is also vying for a 16.8% stake in CA Immobilien Anlagen AG (WBAG:CAI) that UniCredit Bank Austria AG is offering to sell. “We’re in discussions with major European investment banks on what would be the best and the most flexible solution to raise the capital for new properties”, Martin Nemecek said. GSG Group is weighing options whether to sell new shares and bonds or seek an equity partner to finance its future growth. GSG Group is also in “initial talks” with several investors that may become GSG Group equity partners.

Asset One And Millhouse Show Interest In CA Immobilien

Asset One Immobilienentwicklungs AG and Millhouse Capital UK Limited have shown interest in acquiring 17% stake in CA Immobilien Anlagen AG (WBAG:CAI) from UniCredit Bank Austria AG.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 13, 2013
UniCredit Bank Austria AG, Head Office
Merger/Acquisition
December 2, 2013
Public Joint Stock Company Ukrsotsbank
 

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