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RZB Wants to Keep Austrian Deposit Protection
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Raiffeisen Zentralbank´s CEO Walter Rothensteiner is skeptical of the European deposit protection proposal.
RZB Wants to Keep Austrian Deposit Protection / Picture: © Raiffeisen Zentralbank Österreich AG / Peter Rigaud
Rothensteiner does not think that the financial market in Eastern Europe is severely affected by the current crisis. „This depends on how the term crisis is defined.“ In Eastern Europe, there would be a flexible crisis management. Moreover, the banks in the CESEE region would know about the risks and would be well-prepared, Rothensteiner argues.
The executive excluded a…
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