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kazakhstan

Bank Austria Takes Drastic Measures

Because of selling the Kazakhstan division and bad credits, quarter losses of € 553m for parent company UniCredit have to be faced.

March 16, 2013

Bank Austria to Sell ATF

Bank Austria will sell its affiliation in Kazakhstan, ATF Bank, which was acquired in 2007. ATF made losses into the billions.

March 15, 2013

Vienna Stock Exchange Cooperates with Kazakhstan Stock Exchange

Vienna stock exchange could enlarge its network to 17 exchanges. With the recently agreed index cooperation with the Kazakhstan Stock Exchange, the Vienna Stock Exchange has enlarged its international network once again.

February 15, 2013

Bank Austria: Poland and Turkey are Most Attractive

According to Bank Austria´s board member Gianni Franco Papa, the performance of CESEE markets is satisfying.

December 19, 2012

Kazakhstan: „Among the Top 30 in 2050“

Kazakh President Nursultan Nazarbayev predicts an economic boom in the next decades.

December 15, 2012

Bank Austria: Major Losses in Kazakhstan

In 2007, Bank Austria took over the Kazakh ATF Bank. In total, the banking group is threatened to record losses of up to € 1.8bn. Now, Bank Austria is said to leave Kazakhstan.

December 11, 2012

Bank Austria Considers Withdrawing from Kazakhstan

ATF-Bank, the Kazakh subsidiary of Bank Austria is said to be sold.

November 16, 2012

Kazakh President Nazarbayev in Austria

Today, the Kazakh President Nursultan Nazarbayev was received by the Austrian President Heinz Fischer. The Austrian industry hopes for orders worth € 500m.

October 22, 2012

Performance of Austrian Banks Remarkably Down

Austria seems to be significantly „overbanked“: Austrian banks only achieve a 0.1% yield on the capital employed.

July 9, 2012

Reorganization at UniCredit

The Italian banking group plans to dezentralize its structure. Bank Austria as CESEE hub is affected.

July 5, 2012
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