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OeNB: "Positive Signals from the Banking System"
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: © Vindobona.org
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…
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