Bank Austria Declines Selling Plans in Ukraine

People ♦ Published: January 14, 2014; 18:22 ♦ (Vindobona)

CEO of Bank Austria, Gianni Franco Papa, rejects rumors about Bank Austria intending to leave the Ukraine.

Bank Austria Declines Selling Plans in Ukraine / Picture: © Wikipedia / Werckmeister

For two years now there have been rumors about Bank Austria leaving Ukraine “and we are still there,” Gianni Franco Papa, CEO of Bank Austria, said and dismisses any speculations about the bank’s withdrawal. “We do not lead any sales talks,” he told a bank conference in Vienna on Tuesday.

Since October, when Federico Ghizzoni, CEO of parent company UniCredit, did not…