KA Finanz AG - Supervisory board authorises management board to negotiate a refinancing facility witth ABBAG

Press Wire ♦ Published: April 26, 2017; 14:03 ♦ (Vindobona)

Supervisory board authorises management board to negotiate a refinancing facility with governmental ABBAG - first step towards the potential handing back of banking licence and constitution of the company as a "run-off company" in accordance with the BaSAG (Austrian Banking Restructuring and Resolution Act)

KA Finanz AG - Supervisory board authorises management board to negotiate a refinancing facility witth ABBAG / Picture: © Vindobona.org

 

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