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Bank Austria Considers Establishing Franchise Banks in Austria

Published: September 16, 2013; 16:45 · (Vindobona)

The streamlining of the CESEE network of Bank Austria seems to take on a very concrete form now.

Bank Austria Considers Establishing Franchise Banks in Austria / Picture: © Uni Credit Group Bank Austria

As per December 1, the planned merger of the Czech and Slovak affiliates is supposed to be terminated legally, as announced by head of the CESEE department of Bank Austria Gianni Franco Papa on Friday before the Austrian media. “For years we have talked about it. Now we have the consent of the local authorities and Central Banks, and the whole process is in its final stages,” he…

This article includes a total of 481 words.

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