Wealth

Financial Assets of Austrians Back at Record Level After Slump

Austrians have never been richer than today. Private financial assets have recovered and improved after a significant decline in the first quarter of 2020 due to Covid-19.

August 25, 2020

How to Marry an Austrian Millionaire?

According to Credit Suisse's Global Wealth Report published today, 4.4 percent or 313,000 of Austrians are dollar millionaires, and each adult Austrian has an average of 247,000 euros ($274,919) in assets.

October 21, 2019

UniCredit Private Banking Receives Euromoney Awards

UniCredit Private Banking has been recognized for its services, winning 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015.

February 10, 2015

Austrian Households Hold Financial Assets Worth € 500bn

Last year, financial assets grew by 1.4% in nominal terms. New debts grew by 0.5% only.

April 24, 2014

Austria: Distribution of Wealth Extremely Unequal

The top one percent of Austrian households possesses more than 50 percent of all investment income.

January 13, 2014

Global Wealth Report: Austrians Richer than Before 2008

This year, the financial assets of private households exceeded the level of 2007 for the first time.

September 24, 2013

Vienna: Distribution of Wealth Highly Unequal

In Austria´s capital, 30% of the households own 92% of the net assets.

January 3, 2013

Austria: Prosperity Gap Grows Further

The economic disparities between Austrians continue to increase. 855,000 Austrians are affected of poverty.

November 19, 2012

Austria: Properties Worth € 10bn Inherited Every Year

According to Raiffeisen Bausparkasse, Austria faces a boom in real estate inheritances.

November 7, 2012

Austria Shows Growing Inequality in Wealth Distribution

According to a study of OeNB (Austrian National Bank), the 3,77 million Austrian households have assets of € 265,033 on average. Median assets reach € 76,445.

October 2, 2012

Austrian Financial Assets Decreasing

Austria is still among the wealthiest nations worldwide. According to a study of the German insurer Allianz, Austria ranks 15.

September 18, 2012

Significant Decrease in Security Holdings

In 2011, the volume of securities held by Austrian household declined substantially, which is due to the fall in share prices.

January 20, 2012

Gold Remains Popular for Austrians

27% of Austrians expect higher profits from gold than from shares, bonds or investment funds.

October 22, 2011

Economic Crisis: Austrians Pessimistic

The majority of Austrians thinks that the economic crisis will persist and will become even worse.

October 1, 2011

Austrian Households with Second Lowest Debt Ratio in Western Europe

A lower ratio was only recorded for Belgium. In the year 2010, Austrians’ gross financial assets averaged € 59,346.

September 14, 2011

Wealth Growth of Private Households Comes to a Halt

Austrian households’ financial assets increased only marginally to € 462bn in the first quarter. Investments in bank bonds were the driving factor with a total of € 1.1bn.

July 14, 2011

Austria Has 37,000 Dollar-Millionaires

Global wealth has grown by 8% in the last year. Austria is found among the countries with the highest concentration of millionaires.

June 1, 2011

Prosperity to Rise, But Savings Propensity on a Decline

Monetary wealth of Austrians expected to rise 14.4% or from € 7,900 to 62,800 by 2015; savings ratio to decrease from 9.1% to 8.1%. In 2010, Austrians saved € 1,819 on average.

May 6, 2011

Wiener Privatbank SE Announces Q1-Q3 2010 Results

Wiener Privatbank records slightly decreasing results

November 24, 2010

Sharp decline in Creation of New Foundations

In particular, legal uncertainty and abolished tax advantages cause the creation of fewer foundations in Austria.

November 10, 2010

Inheritances: A Trillion in the Next 30 Years

The next generation will inherit assets of 80,000 euro per capita.

November 5, 2010
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