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Hypo Group Alpe Adria to Receive Next Capital Injection

Published: December 11, 2013; 09:53 · (Vindobona)

On Friday the ailing bank is expected to receive fresh money again in association with the extraordinary general meeting.

Hypo Group Alpe Adria to Receive Next Capital Injection / Picture: © Hypo Alpe-Adria-Bank International AG

As announced by the financial institute yesterday, the next financial aid will be decided on within this week during an extraordinary general meeting. The Austrian state will subscribe for a participation capital in the amount of € 800m and therefore inject fresh capital into the ailing bank.

The financial requirement was announced on November 22. The first share of € 250m…

This article includes a total of 213 words.

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