BAWAG P.S.K. is the fourth largest bank in Austria. It was formed on October 1, 2005 by the merger of the separate banks P.S.K. and BAWAG. As of 2016, the bank serviced more than 2.5 million customers all over Austria. It serves Austrian retail, small business and corporate customers across the country, offering savings, payment, lending, leasing, investment, building society and insurance products and services. Two-thirds of the customer loans derive from Austria. The international activities focus on retail, corporate, commercial real estate and portfolio lending in Western developed countries. BAWAG P.S.K. has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. Wikipedia