The bank Austria Creditanstalt AG (BA-CA) is largest Bankinstitut Austria. The bank is since the year 2000 in the majority property of the HypoVereinsbank, a scarce quarter of the shares is in the strewing possession (quotation at the Viennese stock exchange). With the assumption of the HypoVereinsbank by the Italian Unicredit in November 2005 control of the BA-CA goes in the summer 2006 to Milan.

The bankers' syndicate is strongly in central and Eastern European countries represented outside of Austria, where 2005 54% of the profit of 1.301 billion euro were gained. While in Austria 814 coworkers were diminished, 2,601 employees were added in these countries. Starting from 2006 the BA-CA will take over the controlling of the MOEL Tochterbanken of the UniCredit as well as the Hypo association bank additionally to its own also. The BA-CA becomes responsible thereby also for 20 countries, in which she was not at all represented so far. In 8 countries of it also UniCredit and HVB have still no addresses. Not kept the BA-CA knows however its Poland business, where she is particularly well represented over the daughter bank BPH. UniCredit wants to steer the addresses in Poland from its head office.

Characteristic numbers

Base data:

• Balance sheet total: Eur. 146.516 millions (2004)
• Result before taxes: 1.301 billion (2005 + 51.5% compared with 2004)
• Yield on equity (ROE) 9.7% (2004)
• Person employed (Austria): 9.839 (- 814 to 2004), altogether 31,792 (2005 + 2,601 to 2004)
• Offices (Austria) 397, entirely 1300 (2004)
• Chairman of the board: Erich Hampel

Enterprise history

From the union of the central savings bank, at this time economically somewhat fastened land bank, whose however shareholder was the Republic of Austria, 1991 the bank Austria developed for the largest savings bank of Austria, and that. Institut come out from this fusion was the largest bank of Austria, still before the Creditanstalt. 1996 took part the German WestLB with 9,1% in the bank Austria.

After (after discussion for many years) the 51%-Staatsanteil had been written out to the Creditanstalt for privatisation, the bank Austria received the addition despite violent political Querelen and intervention attempts in January 1997 for 1,25 billion euro. In the consequence this sales led almost to a termination of the red-black coalition at that time by the

In response the bank Austria/AVZ for 8,24 billion ATS (approx. 600 millions euro) sold the majority to the GiroCredit to the first Austrian save Casse (today first bank AG). In February 1998 the federation sold its last block of shares to the Creditanstalt, until Septembers the remaining shares into such to the bank Austria was exchanged, which noted starting from this time alone at the Viennese stock exchange.

The Bavarian HypoVereinsbank (HVB) transferred the bank Austria in the year 2000 by stock swap, the bank Austria (old) noted for the last time in February 2001 at the Viennese stock exchange (last note 62 euro). In consequence HVB and bank Austria participation exchanged, whereby the Eastern Europe participation came predominantly to the bank Austria, west and non-European participation to the HVB.

Since the fusion under company law of the bank Austria with the Creditanstalt in the year 2002 the bank company is called official bank Austria Creditanstalt AG (BA-CA).

In March 2003 a partial stock exchange course of the BA-CA was decided, the Erstnotiz of the share took place in July 2003 in Vienna. Since then the value of the BA-APPROX.-share doubled itself more than.

In June 2005 it became admits that the Italian major bank Unicredit will take over the HypoVereinsbank and concomitantly the BA-CA. The unification of the Eastern Europe branches of BA-CA, HVB and Unicredit will presumably persist to 2007. The Eastern Europe business, with exception of Poland, will out be steered in the future by the BA-APPROX.-center Vienna.

The Croatian Splitska Banka, 2002 acquired by the bank Austria around 132 millions euro, was sold in the course of the integration of the bank Austria into the Unicredit because of attention by European Union trust guidelines to the French Gnrale around approximately 1 billion euro. As replacement the bank is Austria now for the Croatian market leader, which Zagrebacka Banka, responsibly, which got it from the possession of the company nut/mother assigned.

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