Sponsored Content
Austrian Banking Sector Burdened Heavily With NPL
Sponsored Content
In total, non-performing loans held by Austrian banks come at € 150bn. This corresponds to 48% of Austria´s GDP.
Austrian Banking Sector Burdened Heavily With NPL / Picture: © Vindobona.org
According to a study issued by the advisory group pwc, the volume of non-performing loans at the six biggest Austrian banks (Bank Austria, Erste Group, Raiffeisen Bank International, VBAG, Bawag and Hypo Group) totals € 150bn. This corresponds to 13% of the loan portfolio. Only 2.7% of the loans are Austrian non-performing loans. Until the end of the year, the NPL level is expected to…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content
ISIN
Sponsored Content