BAWAG
BAWAG is the main operating subsidiary of BAWAG Group AG and one of Austria’s largest, most profitable and best capitalized banks with a well-recognized national brand. The bank applies a low-risk, efficient, simple and transparent business model focused on Austria and other developed markets – with approximately two-thirds of its customer loans within Austria. BAWAG is run in a safe and secure manner with a solid balance sheet and capitalization as well as low leverage. Delivering simple, transparent and best-in-class products and services that meet its customers’ needs is its consistent strategy across all business units.
www.bawag.at
BAWAG P.S.K. Wohnbaubank
BAWAG P.S.K. Wohnbaubank Aktiengesellschaft, a 100% subsidiary of BAWAG (BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft), is a specialist for financing residential building in Austria. Through long-term issued bonds ("Wohnbauanleihen"), the interrogated funds are mainly provided to non-profit housing developers - meanwhile to private customers as well - to develop, maintain and renovate housing space. The legal basis for housing banks is according to the "Federal Law on Special Tax Measures for the Promotion of Housing Construction", decided by the National Council in 1993.
BAWAG P.S.K. Wohnbaubank