COMMISSION DECISION
of 27 June 2007
State aid C 50/2006 (ex NN 68/2006, CP 102/2006) implemented by Austria for BAWAG-PSK
(notified under document number C(2007) 3038)
(Only the German version is authentic)
(Text with EEA relevance)
(2008/263/EC)
I. PROCEDURE
II. BACKGROUND
BAWAG-PSK |
Total assets (billion EUR) |
Number of employees |
Savings deposits (billion EUR) |
Operating result (million EUR) |
Net profit (million EUR) |
2004 |
56,3 |
6 275 |
18,7 |
280 |
160,3 |
2005 |
57,9 |
6 632 |
18,2 |
217 |
6,2 |
2006 |
50,8 |
6 670 |
14,6 |
140 |
40,4 |
Products per business segment |
Market share |
|
Deposit business with domestic clients |
Private customers |
12 % |
Corporate customers |
8 % |
|
Credit business with domestic clients |
Private customers |
6 % |
Corporate customers |
8 % |
|
Public sector |
25 % |
|
Credit card business (private customers) |
Debit card |
13 % |
Credit card |
11 % |
|
Leasing business |
|
7 % |
Capital markets business |
|
5 % |
III. THE MEASURE UNDER ASSESSMENT
IV. GROUNDS FOR INITIATING THE PROCEDURE
V. COMMENTS FROM AUSTRIA
Issuer |
Date of issue |
Rating at the time of issuing |
Interest rate |
||||||||||||
Banca Italease |
6 June 2006 |
|
5,159 % |
||||||||||||
AIB UK |
6 June 2006 |
|
5,142 % |
(in million EUR) |
||||||
Statement of income pursuant to Handelsgesetzbuch |
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|
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
Net interest yield |
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Income from investment |
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Income from commissions |
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Financial result |
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Other operational income |
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Operational income |
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Personnel expenses |
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Material expenses |
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Write-offs |
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Other operational expenses |
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Operating result |
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Risk management and evaluation of financial assets |
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Result of common business activities |
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Taxes |
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Annual net profit |
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Measure |
Business field |
Implementation date |
Sale Bank Frick & Co. |
Retail banking |
19 July 2006 |
Sale Oesterreichische Nationalbank |
Central bank |
12 July 2006 |
Sale Kinomax Sp.z o.o. |
Real property services |
14 December 2006 |
Sale Vienna real property, 1010 Vienna |
Real property services |
8 May 2006 |
Sale HOBEX AG |
Direct debiting authorisation |
29 March 2007 |
Sale Funk International Austria GmbH |
Insurance broker |
1 January 2007 |
Sale Cosmos Elektrohandels GmbH & Co KG ODER COSMOS Geschäftsführungs- und Beteiligungs GmbH |
Retail trade |
14 September 2006 |
Voestalpine AG |
Steel |
9 November 2006 until 13 April 2007 |
Products per business segment |
Market share 2005 |
Market share 2006 |
|
Deposit business with domestic clients |
Private customers |
12 % |
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Corporate customers |
8 % |
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|
Credit business with domestic clients |
Private customers |
6 % |
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Corporate customers |
8 % |
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