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Austrian Banks Fulfilled EBA Requirements
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The European Banking Authority published today an overview report on the implementation of the capital exercise. The vast majority of the banks in the sample meet the required ratio of 9% Core Tier 1 (CT1).
Austrian Banks Fulfilled EBA Requirements / Picture: © Hurdle
The two biggest Austrian banking groups Erste Group and RZB (Raiffeisen Zentralbank AG) have fulfilled the requirements by EBA. Both banks achieved a tier-1 capital quotas at the end of June without any problems, the Austrian Central Bank (OeNB) announced today. Details about the Austrian banks will be published in September.
Initially, also…
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