Bawag: Solid Operating Performance in 2012

Published: March 13, 2013; 18:32 · (Vindobona)

Profit after tax (without restructuring expenses) of € 153.2m slightly above last year’s level.

Bawag: Solid Operating Performance in 2012 / Picture: © BAWAG

“Conditions remained unfavourable during the fourth year of the global financial crisis and have been marked by fundamental structural changes to the banking industry. The operating economic environment continued to deteriorate with little or no economic growth while interest rates fell to record low levels and costs of bank regulation increased. In the light of these challenging…

This article includes a total of 533 words.

or Log In