{"id":7440,"date":"2019-07-10T12:49:33","date_gmt":"2019-07-10T11:49:33","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=7440"},"modified":"2020-06-10T12:51:26","modified_gmt":"2020-06-10T11:51:26","slug":"bawag-group-ag-best-banking-group-governance-dach-2019","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/","title":{"rendered":"BAWAG Group AG: Best Banking Group Governance DACH 2019"},"content":{"rendered":"

\"BAWAG\"<\/p>\n

Austria-based banking conglomerate BAWAG Group AG \u2013 its roots date back to 1883 \u2013 has been a major contributor to the stable economy of the DACH region (Switzerland, Austria and Germany). DACH has benefited from good governance and efficient operations \u2014 two areas of specialisation for BAWAG Group. It underwent a fundamental bottom-up analysis to pinpoint transformation strategies that would improve customer service, maximise cost efficiency, and strengthen its commitment to corporate social responsibility (CSR). BAWAG Group views CSR as an ethical framework to support and guide its business pursuits. It has developed a comprehensive plan to unlock organic growth, balanced with economic, environmental and social objectives. BAWAG Group follows a four-pillar growth strategy that focuses on expanding core markets, driving efficiency through operational excellence, maintaining a safe and secure risk profile, and easing the lives of its customers. Throughout the group\u2019s subsidiaries \u2014 including one of Austria\u2019s largest banks, with 2.5m customers \u2014 the employees abide by the company\u2019s exacting code of conduct and support the UN\u2019s Global Compact Principles, Women\u2019s Empowerment Principles, and Sustainable Development Goals. The group sets the bar high for corporate governance as well as for performance, and 2018 profit before tax increased by 14 percent compared to 2017. The CFI.co judging panel believes the group\u2019s focus on efficiency has been crucial to its impressive shareholder returns and customer service, and has benefited the environment. The judges congratulate BAWAG Group AG, winner of the 2019 award for Best Banking Group Governance (DACH).<\/p>\n","protected":false},"excerpt":{"rendered":"

Austria-based banking conglomerate BAWAG Group AG \u2013 its roots date back to 1883 \u2013 has been a major contributor to the stable economy of the DACH region (Switzerland, Austria and<\/p>\n","protected":false},"author":1,"featured_media":7442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,5,53],"tags":[],"class_list":["post-7440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-europe","category-front"],"yoast_head":"\nBAWAG Group AG: Best Banking Group Governance DACH 2019 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BAWAG Group AG: Best Banking Group Governance DACH 2019\" \/>\n<meta property=\"og:description\" content=\"Austria-based banking conglomerate BAWAG Group AG \u2013 its roots date back to 1883 \u2013 has been a major contributor to the stable economy of the DACH region (Switzerland, Austria and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T11:49:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-10T11:51:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/BAWAG-thumb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"BAWAG Group AG: Best Banking Group Governance DACH 2019\",\"datePublished\":\"2019-07-10T11:49:33+00:00\",\"dateModified\":\"2020-06-10T11:51:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\"},\"wordCount\":252,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/06\/BAWAG-thumb.jpg\",\"articleSection\":[\"Banking\",\"Europe\",\"FRONT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\",\"url\":\"https:\/\/cfi.co\/awards\/europe\/2019\/bawag-group-ag-best-banking-group-governance-dach-2019\/\",\"name\":\"BAWAG Group AG: Best Banking Group Governance DACH 2019 - 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