Weak Capital Base of Austrian Banks

Businessn.a. ♦ Published: January 20, 2011; 00:01 ♦ (Vindobona)

According to the rating agency Standard & Poor's (S&P), Austria's major banks are equipped with very weak equity by international standards.

Weak Capital Base of Austrian Banks / Picture: © Vindobona.org

The recent study by S&P shows in particular the weak capital situation of the Austrian banks. S&P analyzed the 75 largest banks worldwide for their risk-adjusted capital ratio (RAC ratio). To S&P the figure provides more information than conventional figures, such as the core capital ratio. The study was made in June 2010…