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Banking / Insurance

In banking, dominated by regional credit institutions and Landesbanken, both personal service and increasing digitisation are key. The insurance sector continues to grow, especially to service higher demands from the CEE. Intelligent assistance systems are gradually replacing some human roles. Banking and Insurance from Austria – Surprisingly Ingenious 
facts & figures

Facts and figures - Banking / Insurance

  • 520

    number of banks

  • 11.8%

    savings quota

  • 2,594

    residents per bank branch in Austria

  • 27,600


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austrian companies

  • Erste Group Bank AG

    The Erste Group Bank AG was founded in 1819 as the "Erste österreichische Spar-Casse". In 1997, it went public on the Vienna Stock Exchange with the strategy of expanding its retail business in the growth markets of Central and Eastern Europe

  • Acredia Versicherung AG

    55 percent market share and a total portfolio of EUR 29.9 billion: ACREDIA is Austria's leading credit insurance company and protects receivables at home and abroad. It keeps an eye on the risks for its policyholders and steps in when a customer cannot pay. The ACREDIA Group's turnover is EUR 89.1 million. ACREDIA ...

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