Austria: OeNB Denies Hypo Revaluations

Politics ♦ Published: September 12, 2013; 10:18 ♦ (Vindobona)

According to the Austrian National Bank (OeNB) there are no revaluations in regard to Hypo Group Alpe Adria’s capital requirement.

Austria: OeNB Denies Hypo Revaluations / Picture: © Wikipedia / JJ55 (30 March 2008)

According to a report by Austrian daily “Standard” (Thursday issue) OeNB carried out recalculations about Hypo Group’s capital requirement. The paper refered to to an alleged study by the Austrian National Bank and mentions figures in regard to the capital requirements and the probability of occurance.

The OeNB states that such evaluations do not exist on the part of the…