Insolvency of Anglo Austrian AAB AG (formerly Meinl Bank AG)
Update: March, 21st 2020

On March 2nd, 2020, the Commercial Court of Vienna opened insolvency proceedings on the assets of Anglo Austrian AAB AG (hereinafter "AAB"). As a result, depositors no longer have access to the accounts held for them.

Pursuant to Section 9 of the Austrian Deposit Guarantee and Investor Compensation Act (ESAEG), a payout event was triggered.

As the competent deposit guarantee and investor compensation scheme, we protect the claims of AAB's customers within the framework of the statutory provisions. Deposits of up to 100,000 EUR and investor compensation claims of up to 20,000 EUR per customer are covered. We are committed to a smooth payout.

Deposits with AAB which we cannot compensate fully or - due to the legal maximum compensation limit - only proportionately can possibly be claimed in insolvency proceedings (HG Wien, GZ 5S29/20d).

Holders of securities accounts: Click here to find more information..

Attention:

  • In order to avoid delays in the payout process, we kindly ask you to refrain from written enquiries.
  • Preferential processing is not possible for procedural reasons.
  • Information on account balances or other customer-specific information cannot be provided for reasons of data protection.
  • We ask for your understanding that the payment of compensation can only be made by transfer to an account at another bank.