Assets Become More Risky in CESEE Countries

Businessn.a. ♦ Published: February 15, 2013; 21:00 ♦ (Vindobona)

According to S&P, the exposure of Austrian banks in the CESEE region has become more risky.

Assets Become More Risky in CESEE Countries / Picture: © Vindobona.org

Although the financial situation of the CESEE region has become more stable, the asset quality of the CESEE exposure held by Austrian banks has deteriorated slightly, S&P´s analyst Alois Strasser told the Austrian newspaper “Presse”. S&P expects that Austrian banks will have to increase their equity quotas further. The EBA has obliged banks in the EU to reach a minimum core…