“GemeindeMilliarde” Initiative of Bank Austria Extended

BusinessEconomy ♦ Published: March 26, 2011; 00:00 ♦ (Vindobona)

In view of strong demand from municipalities Bank Austria expands GemeindeMilliarde initiative by a further € 500 m

“GemeindeMilliarde” Initiative of Bank Austria Extended / Picture: © Uni Credit Group Bank Austria

In view of the strong demand from municipal authorities, in 2011 Bank Austria is to continue its advisory and financing initiative launched last year for these customers. Accordingly a further € 500 m in low-cost funds will be channelled into the GemeindeMilliarde initiative, while the range of analysis tools for municipalities has been extended with the new "Projects and Investments"…