Sponsored Content
€ 4.0bn Capital Requirement for Austrian Banks
People ♦
Published: October 17, 2011; 16:42 ♦ (Vindobona)

Sponsored Content
After the industrialist Hannes Androsch, also the Vice-President of the Austrian Central Bank (OeNB), Wolfgang Duchatczek, sees a need to support domestic banks.

Regarding the current economic tendencies, the equity base of Austrian banks could be too weak. Hannes Androsch already emphasized several times his claim to strengthen the equity capital situation of Austrian banks.
Wolfgang Duchatczek, member of the board of the Austrian Central Bank, agrees with Androsch. According to Duchatczek, € 4.0bn could be needed soon. However, he…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Do Austrian Banks Need More Capital? (October 15, 2011)
„Austrian Banks Are Robust“ (October 11, 2011)
Erste Bank to Keep State Capital Into 2012 (October 8, 2011)
Androsch „Another Three to Four Billions for Hypo Group“ (October 4, 2011)
Erste Group´s CEO: „The Situation is Serious“ (October 1, 2011)
Sponsored Content
Read More
Featured