Sponsored Content
KA Finanz Tries to Sit Out Greek Crisis
Sponsored Content
The nationalized Austrian bank has an exposure of € 980m in Greece. CEO Steinbichler hopes not to participate in the haircut.

KA Finanz, the „Bad Bank“ of the nationalized Kommunalkredit, still has a high exposure in Greece. € 311m are invested in Greek sovereign bonds, € 164 in guaranteed Greek bonds and the € 505m in swaps. In total, Greek assets amount to € 980m.
Kommunalkredit now wants to analyze how many creditors participate in the haircut. According to CEO Alois Steinbichler, this…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Kommunalkredit: More Costly than Hypo Group (February 9, 2012)
Still Capital Requirement at Kommunalkredit (February 7, 2012)
Privatization of Kommunalkredit Starts (February 4, 2012)
Kommunalkredit Downgraded by Moody´s (February 2, 2012)
Austria to Sell Nationalized Bank Kommunalkredit (November 29, 2011)
Sponsored Content
Read More
Featured
Sponsored Content