Activity in Central and Eastern-Europe
Bank Austria has a long tradition of operations in central and eastern Europe. After outbreak of world war I, foreign affiliates of the Creditanstalt and the Länderbank had to be abandoned. In 1975, Creditanstalt became the first western-bank to opened an office in Budapest. In 1997, activities of Creditanstalt and Bank Austria in the region were brought under the umbrella of a new holding company, Bank Austria Creditanstalt International. It was expanded to all foreign activities, with the exception of the Russian banks, a year later.
A great deal of Bank Austria's turnover is made in central and eastern Europe. The UniCredit network in the region includes 3.800 offices in 19 countries and about 71.000 employees.
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Famous quotes containing the words activity and/or central:
“Dissent is the native activity of the scientist, and it has got him into a good deal of trouble in the last years. But if that is cut off, what is left will not be a scientist. And I doubt whether it will be a man.”
—Jacob Bronowski (1908–1974)
“Et in Arcadia ego.
[I too am in Arcadia.]”
—Anonymous, Anonymous.
Tomb inscription, appearing in classical paintings by Guercino and Poussin, among others. The words probably mean that even the most ideal earthly lives are mortal. Arcadia, a mountainous region in the central Peloponnese, Greece, was the rustic abode of Pan, depicted in literature and art as a land of innocence and ease, and was the title of Sir Philip Sidney’s pastoral romance (1590)