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Hypo Alpe Adria Bank to be Sold this Year
People ♦
Published: March 22, 2012; 11:41 ♦ (Vindobona)
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The Austrian subsidiary of the nationalized Hypo Group Alpe Adria will be sold this year. “All potential risk factors are eliminated.” the supervisory board chairman says.
Hypo Alpe Adria Bank to be Sold this Year / Picture: © Vindobona.org
Johannes Ditz, head of Hypo Group´s supervisory board is slightly optimistic. “We see light at the end of the tunnel again.” Ditz points out that there are no potential risk factors anymore. The only segment which may be sold is the public funding segment. The earning situation of that segment is relatively weak, Ditz explains.
Hypo Group was nationalized in 2009. Ditz is…
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