“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: © Vindobona.org

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"…