Wiener Bankverein

Former head office of Wiener Bankverein at Schottentor in Vienna, 2021

The Wiener Bankverein or Bank-Verein (WBV, lit.'Viennese Bank Union') was a major bank in the Habsburg Monarchy and the First Austrian Republic, founded in 1869. In 1888 it was the fourth-largest bank of Austria-Hungary by market capitalization, behind the Austro-Hungarian Bank, the Länderbank, and the Creditanstalt.[1] It merged with the troubled Creditanstalt in 1934 to form Creditanstalt-Bankverein. Wiener Bankverein is thus one of the many predecessor entities of UniCredit, as the latter in 2005 acquired Bank Austria which itself had merged with Creditanstalt in 1997.[2]

  1. ^ Meyers Konversationslexikon, 4th edition, entry "Wien"
  2. ^ "A Bank Merger With the East in Mind". Deutsche Welle. 13 June 2015.