Record for Austrian Savings & Loan Associations

Professional ServicesBanks ♦ Published: February 19, 2011; 12:50 ♦ (Vindobona)

Savings & loan associations exceeded the one million mark for the second time in 2010. Cash disbursements amounted to € 3.1bn.

Record for Austrian Savings & Loan Associations / Picture: © Vindobona.org

"2010 was a successful year for savings & loan associations: for the second consecutive year record results were reached. 1,035,768 new construction savings contracts are proof to the high popularity of savings & loan associations", says Mag. Manfred Url, Chairman of the Forum of Austrian Saving & Loan Associations about the excellent business of last year. Saving with a…