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OeNB: First-time Increase of Banks’ Total Assets Since End of 2008

Published: September 16, 2010; 16:47 · (Vindobona)

By the end of June 2010 the unconsolidated total assets of the reporting banks in Austria amounted to 1037.98 billion euro.

OeNB: First-time Increase of Banks’ Total Assets Since End of 2008 / Picture: © OeNB

The unconsolidated balance sheet total showed an increase for the first time since the end of 2008 (+4.03 billion euro in the first half of 2010), mostly due to receivables and liabilities relative to foreign credit institutions.

The position by end of June 2010 however did not reach the maximum level (1071.10 billion euro) it had at the time the economic crisis began (end…

This article includes a total of 128 words.

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