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Facts and Figures -  Banking / Insurance

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Austria’s largest credit institutes and insurance companies at a glance.
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  • 458

    number of banks

    In 2024, there were 458 banks in Austria.

  • 11.7%

    savings quota

    In 2024, the savings quota was 11.7% of the nominal available household income.

  • 2,898

    residents per bank branch in Austria

    2,898 residents share a bank branch in Austria.

  • 27,520

    employees

    In 2024, Austria’s insurance companies employed around 27,500 people.

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Source: OeNB. Facts on Austria and its banks, 07/2025
Austrian banks – Key data for 2024
Period result EUR 11.5 billion
Net interest income EUR 25.9 billion
Total capital ratio in % of risk-weighted assets 20.8 %
Current account surplus of Austrian banks (share of GDP) 2.4 %
Source: Trend Top 500
Austria’s TOP banks, ordered according to balance sheet total in EUR million (2024)
Erste Group Bank AG353.736,00
Raiffeisen Bank International199.851,00
UniCredit Bank Austria AG105.253,00
BAWAG Group AG71.341,00
Raiffeisenlandesbank Oberösterreich AG49.285,00
Raiffeisenlandesbank NÖ-Wien AG33.868,00
Oberbank AG28.382,00
Steiermärkische Bank und Sparkassen AG22.499,00
Raiffeisen-Landesbank Steiermark AG16.964,00
HYPO NOE Landesbank für Niederösterreich und Wien AG16.357,00
Source: Austrian Association of Insurance Companies (VVO), Annual Report 2024
Austrian insurances – Key data for 2024
Premiums in EUR million21,411
Life insurances5,202
Health insurances3,118
Indemnity/accident insurances13,091
  
Benefits in EUR million18,672
Life insurances6,907
Health insurances2,659
Indemnity/accident insurances9,106
Quelle: Trend Top 500
Austria’s TOP insurance companies, ordered according to volume of earned premiums in EUR million (2024)
Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG)15,226.30
Uniqa InsuranceGroup AG7,839.70
Generali Versicherung AG2,816.30
Allianz Elementar Versicherungs-Aktiengesellschaft1,730.00
Grawe Group (Grawe - Vermögensverwaltung)1.466.37
Merkur Versicherung AG 681.50
Ergo Versicherung AG 
669.65
Helvetia Versicherungen AG506.40
Oberösterreichische Versicherung AG 433.10
Wüstenrot Versicherungs-AG 432.83
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Last update : 21. July 2025