Wiener Privatbank SE began operations in 1981 as an investment company. In 1992, it was registered and listed on the Vienna Stock Exchange. In 2007, it was renamed into First Austrian Bank SE. In 2011, the administrative board was rotated; the department of private banking and asset management was renewed, and the bank became the leading one in terms of products and services on real estate market. Nowadays, the bank is well-known worldwide as Wiener Privatbank SE that is the reliable provider of banking services.