Bawag and Post Seal Cooperation

Professional Services › Financial Services ♦ Published: November 4, 2010; 03:40 ♦ (Vindobona)

BAWAG and the Post want to enter into a symbiosis and create their own nationwide network of branches throughout Austria by 2012.

BAWAG, most of which was sold in 2006 to the U.S. investment fund Cerberus, is seeking with this measure to reach a nationwide branch network. The branches are to be equipped with self-service devices available 24/7. The counter area will be shared by the bank and the Post. In addition, an advisory area in which employees of BAWAG and PSK offer their Financial Services will be…

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