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Resources

Vienna as a Financial Centre

View of Vienna from Leopoldsberg

Inside this issue

• Worries about attacks on bank secrecy

• Foreign currency loans still could pose a threat

• It is time to consolidate the Vienna stock exchange - -

Content

Signs of revival after the storm

Since the 1990s, Austria’s largest banks – Bank Austria, Raiffeisen and Erste Bank – have pioneered business opportunities in the new market economies of central and eastern Europe.

Aim is to be a significant regional force

As stockmarkets have joined forces across Europe, attention has inevitably focused on the biggest groups, such as NYSE Euronext, the London Stock Exchange and Deutsche Börse.

Bank chief defends his simple approach

Visitors entering the grand headquarters of Erste Group, the Austrian bank recently would be forgiven for thinking they had strayed into Disneyland.

Attractions adorn the city’s fringes

Peer over the low wall running alongside the church perched atop the Leopoldsberg, and Vienna and the Danube lie stretched below you.