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RZB: „Hypo Group Is No Issue“

Published: December 21, 2012; 19:22 · (Vindobona)

Walter Rothensteiner, CEO of Austrian RZB (Raiffeisen Zentralbank) will not bid for Hypo Group´s subsidiaries.

RZB: „Hypo Group Is No Issue“ / Picture: © Raiffeisen Bank International

The nationalized Hypo Group sells its CESEE units and the core subsidiary in Austria. At the end of 2012, Hypo Group´s total assets will come at € 33.0bn. The NPL volume reaches about € 10bn. “In view of the recessive environment, it is our goal to maintain the level of non-performing loans.” Hypo Group´s CEO Gottwald Kranebitter said recently. Rothensteiner reaffirmed that…

This article includes a total of 130 words.

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