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Topic: Creditanstalt


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In the News (Sun 27 Dec 09)

  
  Creditanstalt - Wikipedia, the free encyclopedia
The Creditanstalt was based in Vienna, founded 1855 as K.
In 1997 the state owned shares were sold to Bank Austria (BA), resulting in a crisis in the ruling coalition between SPÖ und ÖVP, since Creditanstalt had to be considered part of the conservative sphere of influence, whereas BA with its roots as Vienna's Central Bank was considered standing politically left.
The merger was not finished until 2002, with the creation of Bank Austria Creditanstalt, which became part of the German HypoVereinsbank (HVB) group.
en.wikipedia.org /wiki/Creditanstalt   (243 words)

  
 Bank Austria Creditanstalt d.d. Ljubljana   (Site not responding. Last check: 2007-10-13)
This was Landerbank Ljubljana, which on 28 November, 1991 merged with Zentralsparkasse, Austria and began to operate under the name of Bank Austria, d.d., Ljubljana.
With the acquisition of a 56% share in Nova banka, Banka Creditanstalt entered the Slovene banking environment on 26 March, 1992.
By means of capital increases and purchases of shares from other shareholders, the mother companies - Bank Austria Vienna and Creditanstalt Vienna - increased their shareholdings in the bank to 99.5%.
www.ba-ca.si /eng/O_nas/BACA_Ljubljana.asp   (203 words)

  
 HVB Bank Serbia and Montenegro a.d. Belgrade   (Site not responding. Last check: 2007-10-13)
An example of Bank Austria Creditanstalt successful activities in this area is the Forum on Europe, a series of events which serve as a platform for the international exchange of ideas among opinion readers from the spheres of business, science and politics.
Top subjects of the event were the economic and politic role of Europe continent in the world politic before and after the integration into the Union, the role of the CEE Region for a concept of strong Europe and creating of the new European identity.
Bank Austria Creditanstalt Group gave its share for the deep spread of the European Union into the CEE region and for the concept of strong and integrated Europe.
www.hvb.co.yu /en/regevents.htm   (759 words)

  
 HYPERWAVE - References - Bank Austria Creditanstalt
Bank Austria Creditanstalt was formed in 1991 with the merger of the "Zentralsparkasse" and "Länderbank" banks to create Austria's biggest credit institute.
The group is present throughout Austria with focus on the Vienna region in accordance with the economic structure of the country.
The Bank Austria Creditanstalt is the biggest foreign bank in the central and Eastern European countries since the region's opening to the West.
www.hyperwave.com /e/references/bankaustria.html   (815 words)

  
 HVB Bank Serbia and Montenegro a.d. Belgrade   (Site not responding. Last check: 2007-10-13)
Bank Austria Creditanstalt (BA-CA) is the clear number one in the Austrian banking sector and operates the leading international banking network in the growth region of Central and Eastern Europe (CEE).
The history of Bank Austria Creditanstalt goes back to 1855, the year in which Creditanstalt was founded.
The bank was the driving force behind the consolidation process in the Austrian banking industry: in 1991, Zentralsparkasse und Kommerzialbank AG and Österreichische Länderbank AG merged to form Bank Austria AG.
www.hvb.co.yu /en/aboutba.htm   (665 words)

  
 Bank Austria Creditanstalt - Annual Report 2004 - BA-CA Group overview
These ambitious goals of Bank Austria Creditanstalt are the result of the bank’s evolution since its foundation: following the integration of Austria’s two leading banks in 1997, the bank became a pacesetter in the areas of consolidation, flexibility and market penetration, and modernisation.
This move gave Bank Austria Creditanstalt the size and risk-bearing capacity it needed to effectively operate in CEE, which is what the bank envisaged from the very start.
Bank Austria Creditanstalt operates in a defined region which is home to 125 million persons; the regions covered by the entire HVB Group have over 400 million inhabitants.
www2.annualreport2004.ba-ca.com /en/ba-cagroupoverview   (1216 words)

  
 International Finance Corporation - Navigation3
He said that Creditanstalt Ukraine, a well-capitalized and professionally managed bank, would assist Ukraine in meeting the need for strong financial intermediaries to support international trade and business flows by providing modern and efficient banking services.
Creditanstalt Ukraine is a joint-venture bank between Creditanstalt AG Vienna, Bank Aval of Ukraine and IFC.
Since 1997 Creditanstalt has been a part of the Bank Austria Group, the largest banking group in Austria with aggregated total assets of US$124 billion.
www.ifc.org /ifcext/mediahub.nsf/Content/SelectedPR?OpenDocument&UNID=9AF6B8DCE4E0CF378525697B004DA29F   (428 words)

  
 Bank Austria Creditanstalt "overweight," target price raised | newratings.com   (Site not responding. Last check: 2007-10-13)
In a research note published this morning, the analyst mentions that the re-segmentation of the company’s Austrian business is expected to provide investors with improved visibility into the underlying profitability in Austria.
Bank Austria Creditanstalt's earnings in 2006 and 2007 are expected to benefit from improvement in corporate and domestic retail segments, the analyst says.
The EPS estimates for 2006 and 2007 have been raised by 3% to €7.23 and by 4% to €8.80, respectively.
www.newratings.com /analyst_news/article_812492.html   (297 words)

  
 Integrity Signs Financing Agreement With Creditanstalt Corporate Finance
With the financing in place, we are in a better position to pursue strategic initiatives and focus on our core business." As part of the financing agreement, Creditanstalt received warrants effectively exercisable for up to 12.5 percent of Integrity's Class A common stock.
Under terms of the financing agreement, Creditanstalt cannot exercise the warrants for two years after closing (unless Integrity undergoes a change in control), and the warrants expire in 10 years.
Integrity has 7.5 million shares of Class A common stock authorized, of which 2.1 million are issued and outstanding, and 10.5 million shares of Class B common stock authorized, of which 3.4 million are issued and outstanding.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/29067&EDATE=   (329 words)

  
 Banking, financial and consulting services - Bank Austria Creditanstalt, Slovenia
As part of an extensive international banking network, the Bank Austria Creditanstalt Slovenija bank group is capable of offering numerous financial and consulting services to Slovene and international companies.
One of the major advantages is the increased capital strength of the bank, and consequently the greater security and reliability of investments.
In terms of balance sheet total, Bank Austria Creditanstalt Slovenia is growing at a faster rate than other Slovene banks, and is steadily increasing its market share.
www.randburg.com /si/bankaus.html   (405 words)

  
 Bank Austria Creditanstalt: Turbulences Overshadow Economic Success in Bulgaria
The discussions over a possible reshuffle in the Cabinet in the summer, as well as the rumours over claims of the prime minister's double citizenship shaped the topics of the day, the report underlines, adding that the debates over the elections of a new governor of the Central Bank also added to the agitation.
Bank Austria Creditanstalt report stresses the trend of falling inflation and unemployment, the successes and failures of the privatisation process in the country.
This, Bank Austria Creditanstalt believes, defines the political weakness of the Bulgarian government and is an obstacle in implementing crucial structural reforms.
www.novinite.com /view_news.php?id=24944   (455 words)

  
 Slovenia Business Week   (Site not responding. Last check: 2007-10-13)
A member of Bank Austria Creditanstalt International management board from Vienna Alois Steinbichler and the president of the management board of Bank Austria Ljubljana officially announced the merger of the banks Bank Austria Ljubljana and Creditanstalt Ljubljana at a news conference on Tuesday, 24 November.
Bank Austria and Creditanstalt merged into a leading foreign bank in Slovenia with the total assets amounting to SIT 87 billion and the profit amounting to SIT 1.2 billion at the merger.
According to the total assets, Bank Austria Creditanstalt Slovenia (BA/CA-Slovenia) with a 3.7-percent share is placed eighth among the banks in Slovenia.
www.gzs.si /SBW/head.asp?idc=1177   (133 words)

  
 Analysis: China, today's Creditanstalt?
In 1930, the stock market began to recover, at a lower level, and the U.S. economy was also only moderately affected by the collapse.
In May 1931, the Austrian bank Creditanstalt failed, causing a knock-on liquidity crisis throughout Europe, the insolvency of many European countries, a collapse in world trade, and a downward spiral into the Great Depression.
In such a case, the Chinese banking system could indeed prove today's Creditanstalt, causing a collapse of world trade, and a re-run of the Great Depression.
quickstart.clari.net /qs_se/webnews/wed/ac/Uchina-economy-analysis.RV0R_DOG.html   (1150 words)

  
 HVB Bank Czech Republic a.s. - Press release
He proved this during his term as Chairman of the Managing Board of Creditanstalt and in his capacity as Managing Board member responsible for CEE operations.
From 1997 to 2002 he was Chairman of the Managing Board of Creditanstalt and very successfully performed his function as the bank's CEO during that period.
He is known in the banking industry as a highly experienced banker dedicated to his task and as a formidable tennis player.
www.hvb.cz /en/press/press-release.asp?id=3   (1265 words)

  
 Treasury Management International :: Magazine - International Directory - Home Page   (Site not responding. Last check: 2007-10-13)
Since the early 1990s, Bank Austria Creditanstalt has pursued a policy of strategic expansion in the Central and Eastern European markets.
The Bank Austria Creditanstalt Group delivers state-of-the-art cash management solutions and payment services for corporates and financial institutions, both nationally and internationally.
For customers interested in outsourcing, Bank Austria Creditanstalt serves as a payment service centre, centrally processing payments delivered in a specified format and carrying out adjustments to local formating requirements.
www.treasury-management.com /directory/5.asp?companyid=1003   (604 words)

  
 Cleary Gottlieb | News and Publications | Recent Assignments | Bank Austria Creditanstalt in €1 Billion IPO – ...   (Site not responding. Last check: 2007-10-13)
Cleary Gottlieb represented Bank Austria Creditanstalt AG in the initial public offering of 22.5% of its ordinary bearer shares and the listing of its ordinary share capital on the Vienna Stock Exchange.
S offering was structured as a spinoff by HypoVereinsbank, the second-largest German bank and parent of the HVB Group, of 22.5% of its holding in Bank Austria Creditanstalt (33 million shares) through a capital increase in which HypoVereinsbank did not participate.
Bank Austria Creditanstalt is the leading banking group in Austria, with a strong presence in Central and Eastern Europe.
www.cgsh.com /news/NewsDetail.aspx?id=988   (201 words)

  
 Global Finance: Bank Austria creditanstalt is still tops in emerging Europe
One rocky, emerging markets year later Bank Austria Creditanstalt has again secured its position as best international bank in Central and Eastern Europe (CEE).
However, when it came to deciding which bank proved itself out there on the tough CEE turf-picking up market share, providing local know how, supporting domestic corporates and international clients alike-then we had to turn once again to BA/CA.
BA/CA was established in 1998 with the merger of Bank Austria and Creditanstalt Group.
www.findarticles.com /p/articles/mi_qa3715/is_200006/ai_n8890528   (628 words)

  
 Euronet Worldwide
This agreement between Euronet Worldwide and Bank Austria Creditanstalt provides complete outsourcing services including ATM installation, monitoring, dispatch, maintenance, telecommunications, cash delivery, authorization, and customer support.
Additionally, Bank Austria Creditanstalt will be one of the first banks to offer the sale of pre-paid GSM airtime through ATMs in the Czech Republic.
With the addition of new ATMs under this agreement, Bank Austria Creditanstalt will increase the number of ATMs employing the banks brand name by over 70 percent in the next 12 months.
www.euronetworldwide.com /company/library/press_release.asp?ID=67   (322 words)

  
 Bank Austria Creditanstalt
This rapid expansion has been achieved through the purchase of smaller, regional banks, which have become part of the Bank Austria Creditanstalt network.
Creditanstalt has a long-term vision for its banking network and viewed the
Bank Austria Creditanstalt is well positioned to continue as the number one
www.onwindows.com /article.asp?id=551   (1916 words)

  
 Bank Austria Creditanstalt Deploys Fundtech's Global PAYplus to Strengthen its Leadership in Central & Eastern ...   (Site not responding. Last check: 2007-10-13)
Bank Austria Creditanstalt Deploys Fundtech's Global PAYplus to Strengthen its Leadership in Central and Eastern Europe
"We are delighted that Bank Austria Creditanstalt has chosen to work with Fundtech in their expansion throughout Central and Eastern Europe.
Bank Austria Creditanstalt (BA-CA, www.ba-ca.com) is the clear number one in the Austrian banking sector and operates the leading international banking network in the growth region of Central and Eastern Europe (CEE).
www.tmcnet.com /scripts/print-page.aspx?PagePrint=http://www.tmcnet.com/usubmit/2004/aug/1064318.htm   (756 words)

  
 European Business News (EBN), 97-01-13
In return, Bank Austria is committed to dilute its own political links, to buy out Creditanstalt's minority shareholders and to maintain its new subsidiary as a separate entity for five years.
Then the City of Vienna's influence, wielded through the Anteilsverwaltung Zentralsparkasse foundation, which holds 45% of Bank Austria's shares, will be diluted to a maximum 20% stake through several capital increases over the next seven years.
The Austrian government has been trying to privatize Creditanstalt since 1990, but its attempts have been foiled by sparring between the country's two main political parties, which wield great influence over the national banking sector.
www.hri.org /news/europe/ebn/1997/97-01-13.ebn.html   (1120 words)

  
 Fortis Lease Group acquires Austria Finanza and Austrolease, the Italian leasing subsidiaries of Bank Austria ...
For Bank Austria Creditanstalt the sale is a further step to dispose of its none-core activities.
Bank Austria Creditanstalt Leasing (BA-CA Leasing) is a wholly owned subsidiary of Bank Austria Creditanstalt Group.
Bank Austria Creditanstalt Group is a member of HVB Group.
www.primezone.com /newsroom?d=73828   (990 words)

  
 Bank Austria Creditanstalt "hold," target price raised | newratings.com   (Site not responding. Last check: 2007-10-13)
LONDON, June 17 (newratings.com) - Analyst Christian Bader of Deutsche Bank maintains his "hold" rating on Bank Austria Creditanstalt (BACA.EAV).
In a research note published this morning, the analyst mentions that Unicredito Italiano has launched a bid to acquire Bank Austria Creditanstalt in order to strengthen its market position in Eastern Europe.
The potential merger would generate €14.7 per share in synergies, with Bank Austria Creditanstalt realizing €414 million in synergies by 2008, the analyst says.
www.newratings.com /analyst_news/article_877682.html   (284 words)

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