Sponsored
Article Tools

Nowotny Concerned About Reputation of Austrian Banks

Published: April 22, 2013; 15:16 · (Vindobona)

Ewald Nowotny, Govenor of the Austrian National Bank (OeNB), is critical towards the continuing debate about keeping the bank secrecy. He fears that doubts in the integrity of the domestic banking sector could emerge.

Nowotny Concerned About Reputation of Austrian Banks / Picture: © Wikipedia / Christian Wirth (Wirthi)

On the occasion of a meeting of the International Monetary Fund (IMF) in Washington, Govenor of OeNB presented himself concerned about the reputation of Austrian banks. The debate about the bank secret in Austria must not harm the international trust in the Austrian banking industry, Nowotny warns. According to him it would be “very dangerous” if doubts about the integrity of the…

This article includes a total of 284 words.

or Log In