Austrian SME as New Target for Bank Austria

Professional ServicesBanks ♦ Published: March 29, 2011; 00:27 ♦ (Vindobona)

In total, € 13.2bn of new loans could be granted at Bank Austria in Austria in 2010 (corresponding to an increase of 19.3 percent as compared to 2009)

Austrian SME as New Target for Bank Austria / Picture: © Uni Credit Group Bank Austria

"Small and medium-sized enterprises are the heart and the backbone of the Austrian economy," Rainer Hauser, Bank Austria board member responsible for private customers, small and medium-sized enterprises, stresses. "Therefore, we are launching a new SME offensive in 2011. Subsidized-funding consulting services for SMEs will be extended considerably, a new economic stimulus billion for…