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VIG Upgraded by Raiffeisen
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Current talks of bank recapitalization can in the view of Raiffeisen Research be a positive trigger for the insurance sector.
VIG Upgraded by Raiffeisen / Picture: © Vienna Insurance Group / WIENER STÄDTISCHE Versicherung AG
A comprehensive recapitalization of banks stabilizes bank debt, reducing fears in the insurance sector - which is among the biggest holders of bank debt. At the current point of discussion with several options on the table to improve capital adequacy in the banking sector, some of them might be negative for the existing bank shareholders. Within the financial sector Raiffeisen…
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