BAWAG Group awarded "Western Europe's Best Bank Transformation" and "Austria's Best Bank" by Euromoney in 2018

Euromoney VIENNA, Austria – July 12, 2018 Euromoney, one of the world’s leading special-interest magazines for banking, finance and capital market issues, awarded BAWAG Group with two awards in 2018: “Western Europe’s Best Bank Transformation” and “Austria’s Best Bank.” These prestigious awards underline BAWAG Group’s successful transformation over the past few years. The “Euromoney Awards for Excellence” are awarded to the most successful financial institutions in over 100 countries.

Anas Abuzaakouk, CEO of BAWAG Group: “We are honored to be recognized by Euromoney as “Western Europe’s Best Bank Transformation” and “Austria’s Best Bank” in 2018. Both awards are a testimony to the quality of our team members across the Group and the trust placed in us by our customers and shareholders. The team has worked tirelessly to transform the Group over the past six years and takes great pride in this recognition. Our IPO in October 2017 was a significant milestone in our company’s 130-year history and a reflection of the Group’s strong performance and future prospects. The continued success of BAWAG Group has only been possible thanks to the dedication, trust, and respect of our employees, customers and shareholders. I would like to take this opportunity to thank all of them for their continued and unwavering support.”

Euromoney stated that BAWAG Group is “a deserved winner of this year’s award for Western Europe’s best Bank Transformation”, since today it “is Austria’s most profitable bank.” Additionally, Euromoney noted that “the culmination was BAWAG’s IPO in October last year – Austria’s largest-ever.”


Financial Community:

Jutta Wimmer (Head of Investor Relations)

Tel: +43 (0) 5 99 05-34444


Manfred Rapolter (Head of Communications, Spokesperson)

Tel: +43 (0) 5 99 05-31210

Press release (PDF)