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German and Austrian Economy Claim Improvements for Company Loans

Published: September 20, 2011; 15:20 · (Vindobona)

Representatives of the German and Austrian Economy fear adverse impacts for company loans from the new Basel III rules.

German and Austrian Economy Claim Improvements for Company Loans / Picture: © Flickr

The Basel III rules request banks to increase their core capital quota. Moreover, the liquidity rules of Solvency II cause new challenges for banks.

Christoph Leitl, President of the Austrian Chamber of Commerce, Hans Heinrich Driftmann, President of the German Industrial and Commercial Council, Karl Sebastian Schulte, Chairman of the German Handicraft Association as well as the…

This article includes a total of 197 words.

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