“Hypo Group Bankruptcy Would Affect RBI Adversely“

Politics ♦ Published: February 5, 2014; 12:55 ♦ (Vindobona)

According to the Vienna-based Raiffeisen Bank International, both a joint bad bank and Hypo Group´s insolvency have negative consequences on RBI´s share.

“Hypo Group Bankruptcy Would Affect RBI Adversely“ / Picture: © Raiffeisen Bank International AG / S. Klimpt

More than four years after the nationalization, the Austrian government still has no sustainable concept. Since the nationalization in late 2009, the Austrian state has injected € 4.8bn into the problem bank. Now, the Austrian government wants to develop the strategy for the nationalized lender Hypo Group Alpe Adria until the end of February. In essence, there are four options: the…