Article Tools

RBI: Bad Development in Hungary

Published: July 21, 2012; 18:56 · (Vindobona)

Herbert Stepic, CEO of Raiffeisen Bank International expects that the development of non-performing loans is stable this year.

RBI: Bad Development in Hungary / Picture: © Flickr / St. Petersburg International Economic Forum

„We have countries, which perform bad, such as Hungary. There are countries where there is a slow recovery like the Ukraine. And there are countries like Russia, where we recover quickly. We have drawn down reserves there.“

In Hungary, Stepic anticipates the new financial transaction tax to reach up to € 30m. This year, the Hungarian subsidiary will not need new capital.…

This article includes a total of 101 words.

or Log In

Fast News Search
Related News
Austerity Program at RBI (July 20, 2012)
Big Exposure in Foreign Currency Loans (July 10, 2012)
Euromoney Awards RBI as Best Regional Bank in CEE (July 6, 2012)
CEE Defies Turbulences in the Eurozone (July 5, 2012)
Stable Corporate Lending at RBI (June 27, 2012)
Read More
NPL Non Performing Loans, CESEE, Banking Industry, Slovenia, RBI Raiffeisen Bank International, Herbert Stepic, Hungary, Lending, Russia, Ukraine
ISIN
AT0000606306
Featured
Embassy and Permanent Mission of Ukraine to the International Organizations in Vienna, Austria
Meet the Ambassador of Ukraine to Austria: H.E. Dr. Olexander Scherba
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
Austria Appoints 15 New Ambassadors to Austrian Embassies Worldwide
See latest Vindobona Newsletter