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Hypo: New Risky Loan Agreements Even in 2012

Published: September 3, 2013; 17:51 · (Vindobona)

According to the EU Commission, risky loans were granted by ailing Hypo Group even in 2012.

Hypo: New Risky Loan Agreements Even in 2012 / Picture: © Wikipedia / JJ55 (30 March 2008)

The EU Commission has not only examined the risky outstanding loans of ailing bank Hypo Alpe Adria, which was nationalized at the end of 2009, but the authority has pointed out that even in 2012 there were new loan agreements which were insufficiently covered.

Klaus Liebscher, Chairman of Hypo Group’s executive board, partly confirmed this information before journalists as a…

This article includes a total of 294 words.

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