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Addiko Bank AG: Addiko Group / Audited Consolidated Financial Report 2019 published
Vienna
(pta011/05.03.2020/07:30 UTC+1)
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The Addiko Group Consolidated Financial Report 2019 can be downloaded under the following link: [url=https://www.addiko.com/financial-reports/.[]/b]
Addiko Group's Investor Relations website https://www.addiko.com/investor-relations/ contains further information, including financial and other information for investors.
Contact
Edgar Flaggl
Head of Investor Relations & Group Corporate Development
investor.relations@addiko.com
About Addiko Group
Addiko Group consists of Addiko Bank AG, the fully-licensed Austrian parent bank registered in Vienna, Austria, listed on the Vienna Stock Exchange and regulated by the Austrian Financial Markets Authority, as well as six subsidiary banks, registered, licensed and operating in five CSEE countries: Croatia, Slovenia, Bosnia & Herzegovina (two banks), Serbia and Montenegro. Addiko Group, through its six subsidiary banks, services as of December 31, 2019 approximately 0.8 million customers in CSEE, using a well-dispersed network of 179 branches and modern digital banking channels. Addiko Bank AG manages its subsidiary banks through group-wide strategies, policies and controls and manages Addiko Group's liquidity reserve.
Addiko Group repositioned itself as a specialist consumer and SME banking group with a focus on growing its consumer business and SME lending activities as well as payment services (its "focus areas"), offering unsecured personal loan products for consumers and working capital loans for its SME customers funded largely by retail deposits. Addiko Group's mortgage business, public lending and large corporate lending portfolios (its "non-focus areas") are gradually reduced over time, thereby providing liquidity and capital for the gradual growth in its consumer business and SME lending.
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Emitter: |
Addiko Bank AG Wipplingerstraße 34 / 4.OG 1010 Wien Austria |
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Contact Person: | Addiko Investor Relations Team | |
Phone: | +43 (0) 50232 2070 | |
E-Mail: | investor.relations@addiko.com | |
Website: | www.addiko.com | |
ISIN(s): | AT000ADDIKO0 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |