Banking Transactions with Management Board & Supervisory Board Members
The table below shows loans granted to and deposits held by Management and Supervisory Board members on BAWAG accounts.
Loans to Management and Supervisory Board members are all full recourse loans, predominantly mortgage loans. Terms and conditions of these loans are in line with conditions offered to BAWAG employees.
In terms of governance, any loan granted to a Management / Supervisory Board member follows the process as laid out in the Austrian Banking Act (Section 28 Austrian Banking Act) and requires an unanimous approval of the entire Management Board as well as an approval of the Risk and Credit Committee of the Supervisory Board.
|in € mn||June 30, 2023||December 31, 2022|
|Loans to Management & Supervisory Board members|
|Deposits of Management & Supervisory Board members|