OeNB’s Operating Profit Decreased

Businessn.a. ♦ Published: May 24, 2012; 11:32 ♦ (Vindobona)

Profit of the Austrian Central Bank came to € 249m in 2011. Risk Provisions Increased by € 400m.

OeNB’s Operating Profit Decreased / Picture: © OeNB

In 2011, the Oesterreichische Nationalbank (OeNB) made an operating profit of € 249m against a background of high market uncertainty (2010: € 291m). “The OeNB has performed well overall and has even been able to slightly improve its operating income compared to the preceding business year,” OeNB President Claus J. Raidl stated after the General Meeting of the OeNB. “However,…

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