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Post and Bawag Join Branches

Published: October 13, 2010; 19:06 · (Vindobona)

BAWAG PSK and the Post have agreed to work together more closely. BAWAG branches and larger post offices will offer in future both postal and banking services.

Post and Bawag Join Branches / Picture: © PSK Bank

The mainly U.S. Cerberus fund-owned BAWAG PSK and the partly state-owned and stock exchange listed Österreichische Post AG have agreed on their supervisory boards on a close common branch operation.

520 shared branch locations, at which all banking and postal services will be offered, have been identified by the partners up to 2012. The smaller part (120) are represented by…

This article includes a total of 272 words.

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