New Austerity Measures for Bank Austria

Professional ServicesBanks ♦ Published: November 26, 2013; 15:47 ♦ (Vindobona)

UniCredit´s Austrian subsidiary and biggest Austrian bank faces job cuts and structural measures again.

New Austerity Measures for Bank Austria / Picture: © Uni Credit Group Bank Austria

Bank Austria´s management has resolved new austerity measures. As of January 2014, the number of regional directorates will be halved, the Austrian newspaper “Standard” reports.

In the next years, Cernko wants to improve Bank Austria´s efficiency further. In order to strengthen the focus on the customer business, the organization must become even more efficient as well as…