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Austrian Banking Sector: Profitability Below Potential

Published: September 14, 2013; 19:33 · (Vindobona)

Not only the high NPL quota in the CESEE region, but also the overcapacity in Austria is a burden for the domestic banking industry.

Austrian Banking Sector: Profitability Below Potential / Picture: © Flickr

S&P reports that the Austrian banking industry faces an increasing pressure on profitability.

Above all, the high volume of non-performing loans in Central, Eastern and Southeastern Europe lowers the profitability. According to S&P, the risks in the CESEE region are relatively unequally distributed. The Czech Republic and Slovakia have a rather stable banking system.…

This article includes a total of 320 words.

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