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The followinglist of banks in Austria is to be understood within the framework of theEuropean single market andEuropean banking union, which means thatAustria's banking system is more open to cross-border banking operations than peers outside of the EU.
European banking supervision distinguishes betweensignificant institutions (SIs) andless significant institutions (LSIs), with SI/LSI designations updated regularly by theEuropean Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve thenational competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB.[1] In Austria's case, the NCA is theFinancial Market Authority.[2]
A specific feature of the EU framework is that it provides for the possibility ofinstitutional protection scheme that bind together networks of local banks into idiosyncratic risk-sharing arrangements.[3] Of the EU's eight IPSs as of 2022,[4]: 12 two are in Austria, namely theSparkassengruppe Österreich andRaiffeisen Banking Group.
As of 1 September 2025, the list of supervised institutions maintained by the ECB included the following seven Austrian banking groups as SIs, with names as indicated by the ECB for each group's consolidating entity.[5] Of these, four were part of the two Austrian IPSs.
A study published in 2024 assessed that the bank with most aggregate assets in Austria (as opposed to total consolidated assets, as of end-2023) was Erste Group at €189 billion, followed byUniCredit (€103 billion, viaUniCredit Bank Austria), RBI (€93 billion), BAWAG (€55 billion), Raiffeisen Oberösterreich (€48 billion), and the Volksbank Group (€30 billion).[6]: 27–28 This ranking, together, only considers Austrian Raiffeisen entities on a disaggregated basis; taken together, the Raiffeisen Banking Group was the largest in the country, with €399 billion in aggregate assets (including those outside Austria) also at end-2023.[7]: 38 Austria is also home to subsidiaries of other euro-area significant institutions, namelyCrédit Agricole andSantander.[5]
As of 1 September 2025, the ECB's list of supervised institutions included 324 Austrian LSIs.[5]
The ECB's list of 1 September 2025 included ten LSIs designated by the ECB as "high-impact" on the basis of several criteria including size, of which six in the Raiffeisen IPS:
278 of the LSIs in the ECB's list, including the six above-listed high-impact LSIs, were in the Raiffeisen IPS, which therefore represented nearly 86 percent of the total number of Austrian LSIs.[5]
The 33 other Austrian LSIs on the ECB's list were:
The ECB's list of 1 September 2025 included 9 LSIs that were affiliates of financial groups outside the euro area, namely 2 branches and 7 subsidiaries:
Banco do Brasil AG, subsidiary ofBanco do Brasil
Austrian branch of Bank of China (Central and Eastern Europe) Ltd, Hungarian subsidiary ofBank of China
DenizBank AG, subsidiary ofEmirates NBD viaDenizBank ICBC Austria Bank GmbH, subsidiary ofIndustrial and Commercial Bank of China
Austrian branch ofLGT Bank AG Liechtensteinische Landesbank (Österreich) AG, subsidiary of theNational Bank of Liechtenstein
VakifBank International AG, subsidiary ofVakıfBank
Western Union International Bank GmbH, subsidiary ofWestern UnionAs of October 2025, there were no branches of banks located outside theEuropean Economic Area ("third-country branches") in Austria, based on data compiled by theEuropean Banking Authority.[10]
TheAustrian National Bank,Oesterreichische Kontrollbank,[11] andAustria Wirtschaftsservice Gesellschaft are public credit institutions that do not hold a banking license under EU law.
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A number of former Austrian banks, defined as having been headquartered in the present-day territory of Austria, are documented on Wikipedia. They are listed below in chronological order of establishment.
