Meinl Bank: Plans of Growth in Czech Republic and UK

PeopleOther ♦ Published: January 7, 2014; 18:18 ♦ (Vindobona)

Meinl Bank has opened a new subsidiary in Prague. Growth plans for the core business in Central and Eastern Europe is well on its way, according to the bank’s officials.

Meinl Bank: Plans of Growth in Czech Republic and UK / Picture: © Vindobona.org

The growth strategy of Meinl Bank, whose managers have been under the radar of the Austrian judiciary, and, which has recently opened a subsidiary in Prague, is showing the first signs of strengthening the core competence of the headquarters in Vienna. According to CEO Peter Weinzierl, the bank has an “excellent position in Central and Eastern Europe because…