Being one of the largest banking groups in Austria with 2.3 million customers, our business activities have a significant impact on the domestic economy, local communities, and the overall environment of the markets we operate in. The world is changing, and with that change, the expectations of a financial institution amongst our various stakeholders have changed as well. To meet our goal of delivering simple, transparent, and reliable financial products and services that address our customers’ needs and become their financial partner of choice, it is imperative that we are proactive in addressing this changing landscape.
|Kim FENNEBRESQUE||Deputy Chairperson||CV|
|Verena SPITZ||Delegated by the Works Council||CV|
|Beatrix PRÖLL||Delegated by the Works Council||CV|
|Konstantin LATSUNAS||Delegated by the Works Council||CV|
The information provided on this website neither constitutes an offer nor an invitation to buy securities issued by BAWAG P.S.K. and serves exclusively information purposes only.
The distribution of information contained on this website in certain jurisdictions may be restricted by law. None of the documents shown on this website constitutes an offer to sell or a solicitation to purchase securities in the United States or in any other country in which the information shown on the following website has not been authorized or to persons to whom this information must not be forwarded. All users of this website are requested to inform themselves about such restrictions and to comply with them.
In particular, the documents and information contained on this website may not be forwarded to the United States nor distributed within the United States and may not be distributed or disclosed to “US persons” (as defined in Regulation S of the US Securities Act of 1933 as amended (“Securities Act”)) or to general circulation publications in the United States.
Securities issued under the documents hereby provided will not be registered under the Securities Act and thus may subject to prior registration or certain exceptions not be sold, offered or delivered to US persons.
Related party transactions
Since 1 December 2019, there have been no related party transaction with entities with joint control of, or significant influence over, BAWAG. Historic related party transactions can be viewed in the respective sections of the annual reports.
BAWAG Group is offering products for small businesses, start-ups, etc. on a national level. In this way, the bank also supports smaller companies and enables access to finance for financially weaker ones. For example, the bank offers microloans starting from EUR 5,000 and also supports customers in obtaining suitable financing through advisory services and credit campaigns with external partners.
In terms of product safety for end customers, we continuously train our employees in sales & advisory functions on regulatory frameworks (MiFID II, IDD, etc.) and product requirements/knowledge in order to meet European standards. The know-how is also continuously evaluated and documented with further training points per employee. As soon as an employee does not have sufficient training points, the authorization to sell is withdrawn from that employee and training measures are applied (this is also required by the MiFID II and IDD regulations). All measures and procedures are defined in the bank's guidelines available on the intranet site.
If you have any questions on our position on ESG, please contact our Investor Relations department via email@example.com