Kommunalkredit Austria AG reports its results for 2016

Press Wire ♦ Published: March 10, 2017; 13:58 ♦ (Vindobona)

The Annual Shareholders' Meeting on 10 March 2017 decided to distribute a dividend in the amount of EUR 32.0 million. Thus, Kommunalkredit's eligible own funds, after distribution of the dividend, increased by EUR 30.4 million to EUR 290.3 million. With the intention of supporting future growth, the Shareholders' Meeting also decided to grant authorized capital in an amount of EUR 79.7 million.

Kommunalkredit Austria AG reports its results for 2016 / Picture: © Vindobona.org

The Annual Shareholders' Meeting on 10 March 2017 decided to distribute a
dividend in the amount of EUR 32.0 million. Thus, Kommunalkredit's eligible own
funds, after distribution of the dividend, increased by EUR 30.4 million to EUR
290.3 million. With the intention of supporting future growth, the
Shareholders' Meeting also decided to grant authorized capital…

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