BAWAG P.S.K. & METRO CASH & CARRY AUSTRIA WITH NEW ACCOUNT AND FINANCING SOLUTIONS FOR SME CUSTOMERS

  • Eco-System for SMEs: High-performance current accounts and credit cards
  • New: Interest-free purchasing reserve, flexible leasing and fully digitalised ExpressFinancing

VIENNA, Austria - October 09, 2019 – BAWAG P.S.K. is intensifying its successful sales cooperation with METRO Cash & Carry Austria. Since the beginning of 2019, BAWAG P.S.K. has been the exclusive financial partner of one of Austria's leading SME wholesale companies. As part of this long-term cooperation, BAWAG P.S.K. now offers current accounts and credit cards specially developed for METRO customers for the self-employed, freelancers and small and medium-sized enterprises. Special financing solutions ranging from fixed purchasing reserves (overdrafts) and flexible equipment leasing to fully digitalized express financing round off the range. In addition, customers benefit from the advantages of METRO Deal, METRO's loyalty program which has been designed for this cooperation exclusively.

David O'Leary, Member of the Management Board of the BAWAG Group and Head of BAWAG P.S.K. Retail, explains: “As part of the cooperation with METRO, we are delivering new and innovative products to small and medium sized businesses that comprise METRO’s customer groups, and strengthening our commitment to this critical component of the Austrian economy. With easy customer onboarding and fully digital processes we aim to be present with seamless and valuable services where our customers transact their daily business. We know that our customers want to focus on running their businesses rather than analyzing financial needs. The opportunity to partner with Metro, a leading retailer, and provide innovative financial services to the customer ecosystem, will be a foundational element of our SME reach and strategy.”

Xavier Plotitza, CEO METRO Austria, emphasizes: “We are thus taking a major step towards becoming an integrative full-service provider for our customers within the framework of our METRO service strategy. The new financial services and exclusive METRO offers represent genuine added value. We see this as an essential support for our customers in a financially stable manner and thus as a way to survive even more successfully in their challenging environment.”

Broad product range for Omni channel strategy

As strong partners, BAWAG P.S.K. and METRO Cash & Carry are successfully building an ecosystem that is increasingly becoming a comprehensive solution provider for METRO customers by expanding and intensifying their cooperation. Together with METRO, BAWAG P.S.K. has developed tailor-made product solutions for key customer target groups. In particular, the GASTRO AccountBox for HoReCa customers (hoteliers, restaurants and caterers), the PROFI AccountBox for SCO customers (small companies offices) and the GOURMET AccountBox for the entrepreneur's private needs offer excellent solutions as co-branded products, as do the METRO Business Credit Card and the METRO Gourmet Credit Card. With this package of suitable accounts and credit cards as well as financing solutions through to leasing or project financing, the cooperation partners offer companies optimal framework conditions in key financial matters and thus give them the opportunity to devote time and space to their customers and successfully continue their business. Suitable financing solutions include, for example, fully digitalized ExpressFinancing, which is available on the next working day after a positive credit assessment. New in focus: a fixed choice of interest-free purchasing reserves, flexible equipment leasing or comprehensive project financing when the big plans are at stake.

Comprehensive information is available in the Metro stores. Customers can, for example, select the appropriate account and apply for everything online, or they can call BAWAG P.S.K. Customer Service (0599059230 - Monday to Friday from 8 a.m. to 6 p.m.) and make an appointment at a BAWAG P.S.K. branch office.

Contact:

Manfred Rapolter (Head of Communications, Spokesperson)
Tel: +43 (0) 5 99 05-31210

communications@bawaggroup.com

Henriette Mußnig
(Press Officer) 
Tel: +43 (0) 5 99 05-32086

communications@bawaggroup.com

Doris Unterrainer
(Communications Specialist)
Tel: +43 (0) 5 99 05-32084

communications@bawaggroup.com


Press release (PDF)