Schoenherr advises UniCredit Bank Austria on the establishment of UniCredit's Social Impact Banking initiative in Austria

UniCredit Bank Austria, the leading bank in Austria, is part of UniCredit, a successful pan-European commercial bank delivering a unique Western, Central and Eastern European network to its extensive client franchise. Through Social Impact Banking, UniCredit aims to identify, finance and promote people and enterprises by looking beyond economic returns in investments.

"We are proud to have advised UniCredit Bank Austria on the establishment of this great initiative in Austria, which will have a tangible social effect", said Stefan Kühteubl, partner at Schoenherr Vienna. "From a legal perspective, it was a very exciting project covering interdisciplinary questions from various legal fields", added Teresa Waidmann, attorney at law at Schoenherr Vienna.

The Schoenherr team advising UniCredit Bank Austria AG was led by Stefan Kühteubl (partner), Teresa Waidmann (attorney at law) and Manuel Ritt-Huemer (attorney at law), and further consisted of Robert Bachner (partner) Alexander Gruber (associate), Leon Scheicher (associate), Marco Thorbauer (attorney at law), Tobias Hayden (associate), Bernd Rajal (partner), Nina Zafoschnig (associate), Ursula Rath (partner), Dominik Hofmarcher (attorney at law) and Wolfgang Tichy (partner).