Bank Austria: Poland and Turkey are Most Attractive

Bank Austria: Poland and Turkey are Most Attractive / Picture: © UniCredit Group

Papa explains that even the situation of the Kazakh subsidiary is acceptable. “Compared to the situation three or four years ago, I am satisfied.” Nevertheless, the head of Bank Austria´s CEE division would sell the Kazakh ATF bank.

Six years ago, former Bank Austria CEO Erich Hampel initiated the acquisition of ATF Bank. The closing of the deal took place in 2007. The sales…