Largest Austrian banks in 2017, by assets
Leading banks in Austria in 2017, by total assets (in billion euros)
In 2017, the largest bank by total assets in Austria was Erste Group Bank with over 220 billion euros in assets. This was 86 million euros more than the second largest bank, Raiffeisen Zentralbank. Despite being Austria’s largest bank, the Erste Group bank had assets valued at almost one tenth the size of Europe’s largest bank.
Erste Group bank
As of April 2019, Erste Group bank were active in 12 countries across Central and Eastern Europe. The banking group had 3.7 million customers in Austria across 899 branches. Austria was Erste Group Bank’s second largest market, following only Czechia, where the brand goes under the name Česká spořitelna.
Other leading banks in Austria
Despite Erste Group Bank leading in terms of total assets in Austria, the company came third in terms of market penetration for large corporations. Raiffeisen Zentralbank is considered Austria’s largest corporate and investment bank with 21 business outlets operating in Austria as of 2019.
Leading banks in Austria in 2017, by total assets (in billion euros)
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| Total assets in billion euros | |
|---|---|
| Erste Group Bank | 221.62 |
| Raiffeisen Zentralbank | 135.15 |
| UniCredit Bank Austria | 102.13 |
| BAWAG P.S.K. | 46.07 |
| Raiffeisen Landesbank Oberosterreich | 40.3 |
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