Sponsored
Article Tools

Total Assets of Austrian Banks Beyond € 1.0tn

Published: March 30, 2012; 12:11 · (Vindobona)

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: © Flickr

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…

This article includes a total of 126 words.

or Log In