21st Austria weekly - Bawag OMV Valneva 01/03/2022 [pic1]Bawag: Banking group Bawag released its results for the financial year 2021 reporting a net profit of Euro 480 mn. Anas Abuzaakouk CEO commented on and continued business transformation: “2021 was an incredible Group. We delivered record € million EPS 5.39 return tangible common equity 16.1% cost-income ratio 39.5%. I want to thank our customers placing their trust in us shareholders support team members commitment execution. As we entered second pandemic knew had continue transform business. This not merely reaction but result changing customer behaviors expectations stakeholders over years. Our transformation is about maintaining best-in-class franchise while meeting challenges future. means more dynamic engagement with customers greater adoption technology reassessing traditional job how work building diverse inclusive team defining can play positive role addressing societal challenges.” Core revenues increased by 4% 1 220 mn 2021. Net