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Total Assets of Austrian Banks Beyond € 1.0tn
At the end of 2011, the level of unconsolidated assets exceeded the € 1.0tn threshold again.
Total Assets of Austrian Banks Beyond € 1.0tn / Picture: © Vindobona.org
Domestic lending business expanded robustly last year. In 2011, Austrian bank recorded an increase in total asset of € 35.73bn, which is a rise by 3.7%. Total assets reached € 1,014.28bn last year.
Receivables were up by 4.2% (+€ 8.79bn), loans rose by 2.6% (+€ 8.24bn). Deposits increased by 2.9% (+€ 8.10). The highest growth grates were recorded in liquid assets…
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