Austria International, Private And Offshore Banks

The town of Friesach in Sankt Veit an der Glan district of Carinthia
The town of Friesach in Sankt Veit an der Glan district of Carinthia

Federal Banking Act (Bankwesengesetz - BWG)

About Austria

A large service sector, a sound industrial sector, and a small, but highly developed agricultural sector drives the Austrian economy. It has a well-developed market economy, skilled labor force, and high standard of living, and is closely tied to other EU economies, especially Germany's.

Austria Banks

Allianz Investmentbank AG

Private and investment banking services.

Bank Austria - Unicredit
Services include, asset management, bonds & shares and mutual funds. Also provides fulll international banking services.

BAWAG is one of the leading multi-purpose banks in Austria today.

Hypo Landesbank Vorarlberg
Offers private banking as well as commercial banking services. Also has internet banking.

Kathrein Privatbank
Provides wealth management and private banking services and solutions.

Meinl Bank AG
Private and investment banking and funds management..

Semper Constantia Privatbank AG
Offers private banking as well as investment funds and custodial services .

VTB Bank (Austria) AG
Corporate and investment banking services.

Complete List of Licensed institutions in Austria

Background Facts
Austria is located in Central Europe, north of Italy and Slovenia

Population: 8,219,743 (2012 est.)
Capital: Vienna
Dialing code: 43
Currency: Euro
Exchange control:
There are no exchange controls in Austria.
Federal republic
Official language: German
Legal System:
Civil law system; judicial review of legislative acts by the Constitutional Court

Bank Legislation: (.PDF Downloads)
Federal Banking Act (Bankwesengesetz - BWG)
This English translation of the authentic German text serves merely information purposes. The official wording in German can be found in the Austrian Federal Law Gazette (Bundesgesetzblatt – BGBl.).