Annual Report of Euram Bank 2019


A N N U A L R E P O R T 2 0 1 9


Report on the annual accounts

Audit opinion

We have audited the annual accounts of European American Investment Bank Aktiengesellschaft,

Vienna, comprising the balance sheet as at 31 December 2019, the income statement for the fiscal

year ending on that reporting date, and the Notes.

Based on our assessment, we consider that the annual accounts comply with the statutory rules and

convey a true and fair view of the net worth and financial position as at 31 December 2019 and of

the earnings situation of the Company for the financial year ending on that reporting date, in accordance

with the provisions of Austrian business and banking law.

Basis of the audit opinion

We have carried out our audit in accordance with EU Regulation no. 537/2014 (hereinafter AUD-REG)

and with the Austrian principles of proper year-end audits. Said principles require the application

of the International Standards on Auditing (ISA). Our responsibilities under said provisions and

standards are described in greater detail in the “Responsibilities of the auditor with a view to

auditing the annual accounts” section of our audit opinion. In accordance with Austrian business

and banking law provisions and professional regulations, we are independent from the company,

and we have met our other professional duties in line with said requirements. We believe that we

have obtained sufficient and suitable audit evidence to base our audit opinion on.


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