Tag: Kerbler Holding

Investor Briefing — Wiener Privatbank SE (WPB AT): H1 2025 snapshot, shareholder map, and Alpha Bulgaria link

Wiener Privatbank’s H1-2025 release signals stability and improving trendlines after a difficult 2024: CET1 26.51% (↑ from 22.46% YE-2024), AUM ~€1.433bn (flat), LCR ~1,480%, sharply lower risk costs (€0.68m vs. €7.36m), and a much better EPS (-€0.13) despite a moderately negative IFRS group result. Management guides to a “clear improvement vs. 2024,” aided by a tentative upturn in Austrian real estate and expansion in CEE/CIS private banking.

Wiener Privatbank: Sub-10% Stakes, Soft Edges — and Vienna’s Enduring High-Risk Allure

Wiener Privatbank (WPB) is Austria’s only listed private bank. Its 2025 shareholder roster includes a 9.55% position by Alpha Fund AD (Bulgaria) — a stake size that sits just below the 10% “qualifying holding” threshold that triggers enhanced regulatory scrutiny. The Alpha Fund link pulls in a wider, opaque web around Alpha Bulgaria AD, BGA Management GmbH (Vienna), and Bulgarian holding companies.