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OeNB: "Positive Signals from the Banking System"

Published: March 30, 2011; 01:55 · (Vindobona)

The expected consolidated net income of Austrian banks rose to € 4.58bn, generated in large part on foreign markets.

OeNB: "Positive Signals from the Banking System" / Picture: © OeNB

After declining in 2009, corporate loans again recorded growths in 2010. The outstanding volume increased, exchange-rate adjusted by 1.1% to around € 135.4bn. However, there was a decline of -0.2% in the euro area in 2010. There were also significantly higher volumes in sustainable new credits granted to enterprises (above 6-month term) reported in 2010 in Austria, after a weak first…

This article includes a total of 234 words.

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