Dispute Over Hypo Group

Business › n.a. ♦ Published: August 16, 2012; 20:06 ♦ (Vindobona)

Despite the relatively good results, the nationalized bank needs further capital injections. What is more, the capital shortfall at Hypo Group is highly controversial.

Dispute Over Hypo Group / Picture: © Wikipedia / JJ55 (30 March 2008)

In the first six months of 2012, Hypo Group´s net income reached € 9.9m. At € 125.1m, the risk costs in the first half of 2012 have remained at the previous year's level (06/2011: € 134.9m). The amount of the federal and provincial government guarantees has been reduced by a further € 1.4bn to € 16.7bn, and the total assets in the same period were down to € 33.7bn…

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