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BAWAG Group AG: Acquisition of Peak Bancorp by BAWAG Group successfully completed

Vienna (pta038/30.11.2023/17:45 UTC+1)

Today, BAWAG Group announces the successful completion of the acquisition of Peak Bancorp, the holding company for Idaho First Bank. Peak Bancorp, with its subsidiary Idaho First Bank, will become a 100% subsidiary of BAWAG Group. BAWAG Group will work with the current leadership team of Idaho First Bank to continue growing its community-focused Retail and SME business in Idaho and adjacent markets, while also providing the operational support and financial strength of a broader banking group.

About BAWAG Group

BAWAG Group AG is a publicly listed holding company headquartered in Vienna, Austria, serving 2.1 million retail, small business, corporate, real estate and public sector customers across Austria, Germany, Switzerland, Netherlands, Western Europe and the United States. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services. Our goal is to deliver simple, transparent, and affordable financial products and services that our customers need.

BAWAG Group's Investor Relations website contains further information, including financial and other information for investors.

Financial Community:
Jutta Wimmer (Head of Investor Relations)
Tel: +43 (0) 5 99 05-22474
IR Hotline: +43 (0) 5 99 05-34444

Manfred Rapolter (Head of Corporate Affairs)
Tel: +43 (0) 5 99 05-31210

This text can also be downloaded from our website:


Emitter: BAWAG Group AG
Wiedner Gürtel 11
1100 Wien
Contact Person: BAWAG Group Investor Relations
Phone: +43 (0)59905-34444
ISIN(s): AT0000BAWAG2 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)