Bausparkasse Wüstenrot Aktiengesellschaft

Bausparkasse Wüstenrot Aktiengesellschaft is an Austrian building society within the Wüstenrot Gruppe that operates under the Bausparkassengesetz and is supervised by the Austrian Financial Market Authority (FMA) and the Oesterreichische Nationalbank. Its core business is contract-based home savings (Bausparen) and related housing finance, including Bauspar loans and bridging or mortgage financing. Bauspar contracts typically involve a predefined savings target, a closing (concluding) fee and ongoing account charges, with the option to access a loan on terms set in the contract; a state premium may apply to qualifying contributions, with the rate determined annually by the authorities within a statutory range and subject to caps. Lending is usually secured by real estate and priced according to product type, collateral and borrower creditworthiness, with early repayment and ancillary fees governed by Austrian law. Distribution uses employed advisers, service locations and digital channels, with online account access for standard functions. As a credit institution, it participates in Austria’s statutory deposit guarantee scheme, with eligible deposits protected up to the legal limit per depositor. The balance sheet profile is typical for building societies, with Bauspar deposits funding residential lending and regulatory capital and liquidity disclosures made under EU banking rules. Services are primarily aimed at residents of Austria, and product conditions and rates can change.