Top 10 Banks in Austria {Latest}

There are more than 700 banks in Austria. The Austrian banking system is a universal banking system that offers lots of potential for synergies and risk mitigation. According to Moody’s, Austria’s banking system is stable, due to its lower exposure to higher risk Central and Eastern Europe (CEE) countries.

1. Erste Group Bank. Founded in 1819. 

2. RZB Group. Founded in  1927.

3. UniCredit Bank Austria. Founded in 1855.

4. BAWAG P.S.K. Founded in 1922.

5. Raiffeisen Bank International Bank. Founded in 2010.

6. Osterreichische Kontrollbank AG. Founded in 1946.

7. Raiffeisen Bank Niederösterreich. Founded in 1927.

8. OberBank AG. Founded in  1869.

9. HYPO NOE Gruppe. Founded in 1888.

10. Raiffeisen-Landesbank Steiermark. Founded in 1927.

                     Erste Group Bank: This bank was established in 1819 and it’s head office in Vienna. The bank works for about 49,381 staff and is present in 7 countries. Erste Bank works direct 3,063 branches in Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.

                       RZB Group: RZB Group is one of the biggest banks in Austria. Founded in 1927, the bank provides commercial and investment banking products and services to individuals, multinational companies, and financial service providers.  It operates in Central, Western, and Southeastern Europe, and Asia.

                         UniCredit Bank Austria: UniCredit Bank Austria was founded in 1855 and offers Corporate Banking, Private Banking, Retail Banking, and Corporate and Investment Banking segments. The bank operates in separate countries, such as Italy, Germany, Austria, Bosnia and Herzegovina, Slovenia, Serbia, and Turkey.

                         BAWAG P.S.K: BAWAG was started in 1922, making it one of the old banks in Austria. It supplies banking products and facilities primarily in Austria, Germany, the United Kingdom, France, and the United States. The bank works for 3,528 staff and its head office in Vienna.

                         Raiffeisen Bank International Bank: started in 2010, the Raiffeisen Bank International is into private, financial, and retail banking. The bank supply retail, corporate, and investment banking facility.  It works for 48,556 staff and works 2,500 business outlets in Central, Southeastern, and Eastern Europe.

                          Osterreichische Kontrollbank AG: The bank is one of the best special-purpose banks in Austria. start in 1946, it supplies financial and information facilities to the export industry and capital markets both in Austria and other countries. It is head office in Vienna and currently works 442 staff.

                          Raiffeisen Bank Niederösterreich:  Established in 1927, the bank supplies banking products and facilities. It works for 1,185 staff and its head office in Vienna. As of December 31, 2015, the bank was working through 44 branches, which include 33 retail banking branches, one private banking office, five centers for trade and company customers, and five spots for the company’s organization and its workers.

                          OberBank AG: OberBank was started in 1869, making it the old of the top banks in Austria. It supplies banking products and facilities to individuals and corporations. The bank works 2,049 workers and its head office in Linz. It works through a network of 159 branch offices, which include 98 branches in Austria, 28 branches in Germany, 21 branches in the Czech Republic, 9 branches in Hungary, and 3 branches in Slovakia.

                           HYPO NOE Gruppe: established in 1888, HYPO NOE Gruppe works as one of the regional banks in Austria. It works in four different parks: Gruppe Bank, Leasing, Landesbank, and Other. The Gruppe Bank part provide banking, real estate, corporate finance, and treasury facility. The Leasing part supplies several leasing solutions.

                            Raiffeisen-Landesbank Steiermark: The bank was started in 1927 and is based in Graz. With 926 staff, the bank works through Retail, Corporate, Equity Investments, Capital Market and Treasury, online banking, and Other parts. In 2016, it reported a total profit of US$15.88 billion and record a total benefit of US$17,647.7 billion.