Pessimism in Austrian Banking Industry

Business › n.a. ♦ Published: February 27, 2012; 17:50 ♦ (Vindobona)

26% of interviewed managers in the Austrian banking industry regard the development of the operating business as “very bad”.

Pessimism in Austrian Banking Industry / Picture: © Vindobona.org

Austrian bankers are substantially more pessimistic than their European colleagues. This is the result of a survey by the business consultant “Ernst & Young”.

In Austria, 26% of the bankers think that the operating business will worsen within the next six months. The European average is 10%. In Poland, bankers are most optimistic. There, 98% of the bankers expect an…

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