Bawag and Post Seal Cooperation

Professional ServicesFinancial 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 and Post Seal Cooperation / Picture: © BAWAG

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…