 | |
| Company type | Public |
|---|---|
| WBAG: BG ATX Index component | |
| ISIN | AT0000BAWAG2 |
| Industry | Banking |
| Founded | 1922 |
| Headquarters | Vienna, Austria |
Key people | Anas Abuzaakouk (CEO) |
| Products | Retail and corporate banking with focus on Austria and select Western European countries |
| Total assets | € 60,3 billion (31.12.2023) |
Number of employees | 3,305 (31.12.2023) |
| Website | www.bawagpsk.com |
BAWAG (German language: Bank für Arbeit und Wirtschaft) was a bank in Austria founded in 1922. On October 1, 2005, it merged with the separate Österreichische Postsparkasse (P.S.K.) to form the "Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG", shortened as BAWAG P.S.K. In October 2017, BAWAG Group AG, the holding company of BAWAG P.S.K., became a listed company on the Vienna Stock Exchange. Largest shareholders are GoldenTree Asset Management (21.8%) and T. Rowe Price (5.6%).[1]
BAWAG has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[2][3]
- ^ "Shareholder Structure of BAWAG Group AG" (PDF). BAWAG Group. Retrieved 10 September 2020.
- ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.