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Bank Austria's Ukrainian Subsidiary Not Yet To Be Sold

Published: May 13, 2014; 16:10 · (Vindobona)

Because of the crisis in Ukraine the planned sale of Bank Austria's Ukrainian subsidiary has been halted.

Ghizzoni: "We haven't formally abandoned the plan” / Picture: © UniCredit

Due to unrest it is hard to predict the outcome of negotiations - the head of Bank Austria's parent concern UniCredit, Federico Ghizzoni declared. "We haven't formally abandoned the plan”. Thus, negotiations with interested entities are in progress.

This article includes a total of 40 words.

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