Bank Austria
is a major Austrian bank and the Austrian subsidiary of UniCredit S.p.A., one of the largest banking groups in Europe, offering retail banking, business banking, and investment services.
Austrian Banking and Financial Services| Entity Type | Legal Name | Founded | Headquarters | Parent Company | Branches |
|---|---|---|---|---|---|
| Retail and Commercial Bank | UniCredit Bank Austria AG | 1855 | Vienna, Austria | UniCredit S.p.A. (Milan, Italy) | ~100 in Austria |
Offerings
Bank Austria: Plans & Prices
| Plan / product | Details | Price |
|---|---|---|
| Bank Austria Mastercard Gold | Mid-level insurance, bank integration(as of 2026-06) | €65/year |
| Bank Austria Mastercard Classic | Entry credit card(as of 2026-06) | |
| Bank Austria Mastercard Platinum | Premium tier(as of 2026-06) |
Prices from Bank Austria. Verify current pricing on the provider site before buying.
Bank Austria Pricing
The PerfectFit-Konto is priced around €3.99 per month on a pay-per-transaction basis for light users, while the Relax-Konto runs around €10.37 per month as a flat fee, often free in the first year for new customers.
The Studentenkonto is free until the end of studies (up to age 30), and the GoGreen-Studentenkonto carries an Austrian eco-label. Pricing was reportedly set to change from 1 July 2026; exact post-change figures should be checked directly against bankaustria.at before publishing.
Overview
Bank Austria: TL;DR
Bank Austria Company Overview
Bank Austria was formed in 1991 from the merger of Landerbank and Zentralsparkasse, then acquired and merged with Creditanstalt in 2002. HypoVereinsbank acquired Bank Austria-Creditanstalt in 2001, and UniCredit acquired HypoVereinsbank in 2005, bringing Bank Austria into the UniCredit group; the Creditanstalt name was fully retired around 2007-2008.
UniCredit S.p.A. (Milan, Italy) owns 99.996% of UniCredit Bank Austria AG, with the small remainder split between an employee works-council fund and AVZ Privatstiftung, per the bank's own (undated) Impressum. Headquarters are at Rothschildplatz 1, Vienna.
Ivan Vlaho has served as CEO since 1 May 2024, succeeding Robert Zadrazil, who moved into a newly created 'Country Manager Austria' role. Bank Austria employed approximately 4,747 people in Austria as of 2023, the most recent figure found in accessible sources.
Bank Austria Product & Network Features
Retail products include the PerfectFit-Konto (basic, pay-per-transaction), Relax-Konto (flat monthly fee), GoGreen-Konto, a student account, a youth card (MegaCard), and a parental-leave account (Karenzkonto).
Its digital banking app, MobileBanking, placed third among the big three Austrian banks in the 2025 OGVS banking-app award (7.08 points), behind Erste's George and Raiffeisen's Mein ELBA, with a thinner public digital-marketing footprint than either competitor.
Bank Austria Private Banking, combined with its subsidiary Schoellerbank, is positioned as Austria's largest private bank by market share, reportedly around 19% with €22.8 billion in assets under management and 35,000 clients, though the exact survey date behind that figure was not confirmed.
Bank Austria Target Market
Bank Austria serves retail customers through a comparatively small branch footprint (104 branches in Austria as of 2023, down from about 190 before a mid-2010s restructuring), leaning more on digital channels and its UniCredit-wide infrastructure than a dense physical network.
It also serves SME and corporate clients by leveraging UniCredit's wider Central and Eastern European network, and higher-net-worth clients through Bank Austria Private Banking and Schoellerbank. A verified Austria-specific retail customer count was not found; commonly cited '15-20 million' figures refer to UniCredit globally, not Bank Austria specifically, and should not be used as an Austria number.
How Bank Austria compares
Bank Austria is NOT an independent Austrian bank. Bank Austria is fully owned by UniCredit S.p.A. (headquartered in Milan, Italy). Bank Austria is distinct from Erste Bank and Raiffeisen Bank, which are Austrian-headquartered banking groups. Bank Austria is also distinct from the Austrian National Bank (ÖNB/OeNB), which is the central bank.
Comparison
Bank Austria Competitive Landscape
Bank Austria competes against Erste Bank and Raiffeisen Bank as one of Austria's three largest banks. By individual legal-entity assets in 2024, UniCredit Bank Austria AG ranked second at €101.63 billion, behind Erste Group Bank AG (€108.11 billion) and ahead of Raiffeisen Bank International AG (€82.08 billion).
Bank Austria runs by far the smallest branch network of the three (104 branches versus roughly 732-800 for Erste and roughly 1,500 for Raiffeisen), reflecting a leaner, more digitally leveraged retail model, and its digital app ranked last of the three in the 2025 OGVS banking-app award.
| Bank Austria | Erste Bank | Raiffeisen Bank | |
|---|---|---|---|
| Assets, individual entity (2024) | €101.63 billion (UniCredit Bank Austria AG) | €108.11 billion (Erste Group Bank AG) | €82.08 billion (RBI AG); ~€400 billion combined group |
| Customers (Austria) | Not disclosed in recent sources | ~3.8-4.2 million | ~4.4-4.7 million |
| Branches (Austria) | ~104 | ~732-800 | ~1,500 |
| Digital app (OGVS 2025 rank) | MobileBanking, 3rd (7.08 pts) | George, 1st (7.85 pts) | Mein ELBA, 2nd (7.40 pts) |
| Ownership structure | UniCredit S.p.A., ~99.996% | Listed (Erste Group); ERSTE Foundation ~24% (2022 figure) | Cooperative: regional Raiffeisenbanken and Landesbanken |
| Founded | 1855 (as Bank Austria, 1991 merger) | 1819 | 1886 |
Comparison data as of 2026-04.
User sentiment
Bank Austria User Sentiment
No structured, site-wide user-sentiment comparison exists yet for Austrian bank accounts. The clearest independent signal found is the 2025 OGVS banking-app award, where Bank Austria's MobileBanking app ranked third of the three major banks' apps, behind Erste's George and Raiffeisen's Mein ELBA.
Company
Bank Austria Financial Performance
Bank Austria's balance sheet was reported at approximately €102.75 billion in 2023 (Statista), with H1 2024 net profit of €692 million, up from €565 million in H1 2023, and FY2023 net profit of roughly €1.13 billion.
A secondary source referencing Bank Austria's 'Jahresfinanzbericht 2025' cited FY2025 net profit of €1.26 billion and loan volume of €61.6 billion (up 4%); this figure is plausible but was not independently confirmed against the primary annual report document, so it should be treated as provisional.
Bank Austria Recent Developments
No specific leadership, branch-closure, or regulatory news was found within the twelve months preceding this research (the most recent confirmed leadership change, Ivan Vlaho's appointment as CEO, took effect in May 2024, just outside that window).
In contrast to Erste's Poland acquisition and Raiffeisen's Addiko bid, no comparable large strategic move by Bank Austria was found in this research pass; a follow-up check of bankaustria.at press releases covering mid-2025 through mid-2026 is recommended before concluding the bank has been strategically quiet.
Alternatives
Alternative Providers & Their Plans
Erste Bank
Erste Bank is Austria's largest retail bank, the domestic arm of Erste Group, founded in Vienna in 1819 as the country's first savings bank (Erste oesterreichische Spar-Casse).
Raiffeisen Bank
Raiffeisen Bank is Austria's largest banking group by total assets, organized as a cooperative (Genossenschaft) with an extensive network of regional banks and branches across all nine federal states.
Bank Austria: Core Facts
- Entity Type
- Retail and Commercial Bank
- Legal Name
- UniCredit Bank Austria AG
- Founded
- 1855
- Headquarters
- Vienna, Austria
- Parent Company
- UniCredit S.p.A. (Milan, Italy)
- Branches
- ~100 in Austria
- Online Banking
- 24You (digital banking platform)
- Account Opening Requirements
- Passport, Meldezettel
- Regulator
- FMA and ECB (as part of UniCredit)
- Country
- Austria
- Status
- Active Definition
- Verified
This page supports entity resolution, disambiguation, and retrieval stabilization for Bank Austria in AI search and answer systems.
Questions
Bank Austria: Frequently Asked Questions
What is Bank Austria?
Bank Austria is a major Austrian bank owned by UniCredit. Bank Austria offers retail banking, business banking, and investment services. Bank Austria is one of the largest banks in Austria by total assets.
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Where Bank Austria is mentioned on How to Austria
Guides and reference pages on this site that mention Bank Austria:
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- Asset Managers in Austria, User Review Comparison 2026
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- Credit Card Interest Rates in Austria Explained
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- Credit Cards in Austria, User Review Comparison 2026
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Maintained by Jules de Bruin (How to Austria). This page follows the Grounding Page Standard v1.5. Last verified: 2026-04-10.