Core Viewpoint - Moody's has affirmed the ratings of BAWAG P.S.K. and changed the outlook on long-term deposit, senior unsecured, and long-term issuer ratings from stable to positive, reflecting the impact of recent acquisitions and improved business performance [1][2]. Group 1: Company Strategy and Performance - The positive outlook indicates the effectiveness of BAWAG Group's strategy focused on sustainable growth, efficiency, and maintaining a secure balance sheet, which has remained unchanged since 2012 [2]. - Recent acquisitions have enhanced the company's business profile, particularly in the DACH/NL region and Retail & SME sectors, contributing to increased profitability [2]. Group 2: Company Overview - BAWAG Group AG is a publicly listed holding company based in Vienna, Austria, serving over 4 million customers across various regions including Austria, Germany, Switzerland, Netherlands, Ireland, the United Kingdom, and the United States [3]. - The company operates under multiple brands and offers a wide range of financial products and services, including savings, payment, lending, leasing, investment, and insurance [3].