Vienna International Financial Services Industry News

Read the latest headlines about the Viennese and Austrian financial services industry

RBI Raiffeisen Bank International Swallows Centrobank

Raiffeisen Centrobank (RCB), which is the investment vehicle of Raiffeisen group, will be integrated into its parent RBI Raiffeisen Bank International.

June 30, 2014

Hypo Alpe-Adria-Bank AG Changes Its Corporate Name to Austrian Anadi Bank AG

HYPO ALPE-ADRIA-BANK AG, former Austrian subsidiary of HYPO ALPE-ADRIA-BANK INTERNATIONAL AG, adopted a change in corporate name to Austrian Anadi Bank AG by means of an amendment to the articles of association approved at the extraordinary shareholder's meeting held on 16 June 2014.

June 27, 2014

Austrian Investment Funds Report Generally Positive Performance in May

Austrian investment funds recorded a mostly positive y/y performance at the end of May. Of the 1,604 funds operating on the market for at least one year, 1,338 showed a positive performance, while 262 of them saw a y/y negative performance. Four funds saw no change of the asset volume.

June 16, 2014

EBRD Provides €20 Mio Loan to Slovakia for Sustainable Energy Projects

The EBRD is deepening its support for sustainable energy investments in the Slovak Republic with a €20m loan to Slovenska Sporitelna, a.s. (SLSP), one of the country’s leading banks. The funds will be on-lent to private companies for renewable energy projects and energy efficiency in industry and buildings.

June 16, 2014

CEE-Initiative: Strengthening Investment Fund Business in Central- and Eastern Europe (CEE)

The Hungarian association BAMOSZ and the Austrian association VÖIG initiated a closer collaboration and tighter co-operation between fund associations in CEE, the so-called „CEE Initiative“. The member associations of the „CEE Initiative“ are (in alphabetical order): Austria, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Poland, Romania, Slovakia, Slovenia and Ukraine.

June 16, 2014

EBRD Committed to Moldova as the Country Moves Towards Greater Regional Integration

“The European Bank for Reconstruction and Development (EBRD) stands ready to support Moldovan companies and foreign investors in Moldova as the country moves towards even greater regional integration,” said András Simor, EBRD Vice President for Policy, during his visit to Chisinau.

June 14, 2014

VÖIG: "In 2013 Retail Investors Continued to be Timid and Shy"

From the viewpoint of retail investors the year 2013 could have been really easy: a mixed fund portfolio with an increased share portion and selected corporate and government bonds. In retrospect, 2013 proved to be almost free of financial market turbulences after years of global financial market and economic crises as well as the debt crisis in the euro area.

June 14, 2014

Austria Gives up Bank Secret for United States

Austria and the US have signed an agreement for the exchange of fiscal data. However, the agreement could be renewed soon.

April 30, 2014

Raiffeisen Bank International AG - SWOT Analysis & Company Report May 2014

This new report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains an overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

April 25, 2014

Erste Group Bank AG: Full Year 2013 Company Report has been Published by FriedlResearch

Published in April 2014, this report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecasts, plus a SWOT analysis.

April 15, 2014

Poland: Pension Reform Not to Affect Rating

According to rating agency Fitch, Poland’s country rating will not be affected by the pension reform.

March 25, 2014

Slovenia: Banking Sector Still Prone to Risks

The Slovenian banking sector is still prone to risks as the number of non-performing loans was not reduced substantially.

March 14, 2014

Poland: Share of Impaired Loans Increasing

The number of impaired loans in the non-financial sector keeps on increasing.

March 10, 2014

Polish Financial Market Proves Strong

The financial market in Poland is resistant towards negative impacts resulting from the current political crisis in neighbor country Ukraine.

March 5, 2014

UNIQA Insurance Group New in the ATX

The ATX Committee decided to include the two companies, UNIQA Insurance Group and Flughafen Wien to the ATX today.

March 5, 2014

Poland: Banks Expected to Preserve Ratings

According to US rating agency Standard&Poor;’s, Polish banks will be able to keep their credit ratings this year.

March 4, 2014

Hypo Group: “Worst Thing If Government Does Not Make Decision”

According to Felderer, President of the Fiscal Council, a downgrade in the country rating must not be taken “too seriously”.

February 28, 2014

Romania: Ponta Clinging to Leadership

Reforms in Romania will be carried out even if Ponta’s new government’s majority will be reduced in parliament.

February 27, 2014

Warsaw Stock Exchange Registers Profits

The operator of Warsaw Stock Exchange (WSE) GPW saw an increase in profits in the business year 2013.

February 24, 2014

Liebscher: Government Is to Blame

Head of Hypo Group’s Task Force Klaus Liebscher rejects being turned into the scapegoat of delaying important decisions about the downsizing of the problem bank. Instead, he points his finger to the Austrian government.

February 20, 2014

Hypo Disaster: Who Are the Beneficiaries?

International investment companies, funds and domestic banks are the major recipients of the billions of Euros in the Hypo Group disaster.

February 19, 2014

Austria: Moody’s Downgrades Four Bonds

Moody’s downgraded four bonds of Austrian banks on Tuesday. The outlook is negative.

February 19, 2014

Cooperation between Vienna and Warsaw Stock Exchanges to Kickstart 2014

As announced by Adam Maciejewski, CEO of GPW, the operator of the Warsaw Stock Exchange (WSE), the cooperation between WSE and VSE (Vienna Stock Exchange) could be completed this year.

February 17, 2014

Poland: Consumer Loans Expected to Rise Significantly

Last year consumer loans saw a 16 percent growth which leads to expecations that Poland will register a double-digit growth rate in 2014 as well.

February 12, 2014

RBI: Capital Increase Successfully Completed

RBI capital increase confirms excellent environment for raising capital on the Vienna Stock Exchange.

February 11, 2014

Upgrades for Slovenian Banks

The long-term ratings of three banks were upgraded by Moody’s.

January 31, 2014

VSE and Kazakhstan Stock Exchange to Intensify Cooperations

Vienna Stock Exchange (VSE) and Kazakhstan Stock Exchange intensify cooperation – joint data vending agreed.

January 30, 2014

S&P to Establish CEE Center in Poland

Warsaw will be the new CEE focal point of Standard&Poor;’s (S&P) as the US rating agency announced establishing an office in Warsaw.

January 29, 2014

Poland: New Indices at WSE

GPW, the operator of the Warsaw Stock Exchange (WSE) will introduce two new indices.

January 28, 2014

Croatia: S&P Downgrades Rating

Standard&Poors; has downgraded Croatia’s rating to “BB”. The outloock on the long-term rating for the country is at least “stable”.

January 24, 2014

WSE to Become Regional Leader?

The Warsaw Stock Exchange (WSE) hopes to take over a “dominant” role in trading in Central Europe, as announced by GPW, the bourse’s operator, on Thursday.

January 17, 2014

Erste Group Bank AG - SWOT Analysis & Company Report

This new report contains in depth information and data about Erste Group and its operations and markets. It contains an overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

January 6, 2014

Raiffeisen Bank International AG - SWOT Analysis & Company Report 2014

This new report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains an overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

January 6, 2014

Austria: FMA to Activate Whistleblower Hotline

At the beginning of this year the Financial Market Authority (FMA) in Austria has activated a “whistleblower hotline” for bank insiders to report about potential abuses.

January 3, 2014

„CESEE No Driver Yet“

Birgit Kuras, CEO of Vienna Stock Exchange, thinks that the Vienna Stock Exchange is highly influenced by the CESEE operations of listed companies.

December 23, 2013

Slovenia Issues Treasury Bills

On Wednesday Slovenia issued a treasury bill with a maturity of three and a half years in the amount of € 45m. The measure was part of the budget liquidity operation.

December 12, 2013

VIG and Bulgaria Are Causing Headache Each Other

The Austrian insurance group VIG has sold the Bulgarian pension fund to an unknown investor. Bulgaria´s government wants to reverse the sale.

November 21, 2013

Analysis - Vienna Stock Exchange on a “Sustainable Upward Trend”

After five downhill years, the Vienna Stock Exchange is finally seeing something like a silver lining.

October 30, 2013 · Updated: November 5, 2013; 18:00

Serbia: Komercijalna Banka Supported by EFSE

Serbian Komercijalna Banka received a credit line of € 20m from the European Fund for Southeast Europe (EFSE).

October 24, 2013

Polish Holding to Take over Romanian International Bank

According to Mediafax newswire, Polish Getin Holding will take over Romanian International Bank (RIB).

October 24, 2013

„CESEE Is Not the Devil Anymore“

Regarding the development of the CESEE equity market, Birgit Kuras, CEO of Vienna Stock Exchange (VSE) demonstrates optimism.

October 14, 2013

FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

October 8, 2013

Latest Edition of the SWOT Report of Raiffeisen Bank International has been Published

FriedlResearch has announced the publication of the latest edition of the "Raiffeisen Bank International AG - SWOT Analysis & Company Report". This report contains in depth information and data about RBI and its operations and markets.

October 8, 2013

Romania: Bucharest Stock Exchange to Be Enlarged?

Ludwik Sobolewski, new CEO of Romania’s Bucharest Stock Exchange (BSE), is toying with the idea of enlarging the institution and making it a competition to Budapest, Vienna and Prague withing two years only.

October 7, 2013

Raiffeisen Bank International AG - SWOT Analysis & Company Report

This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

August 8, 2013

CESEE: „Growth Story Did Not End“

In an interview with the Austrian newspaper “Presse”, chairman of the CEESEG supervisory board Willibald Cernko explains that Central and Eastern Europe needs a new growth model.

August 3, 2013

Turkey: BIST Formed Partnership with US NASDAQ

Turkey's Borsa Istanbul (BIST), one of the most profitable stock markets in the emerging world, has formed a strategic partnership deal with the US-based NASDAQ OMX Group, the owner and operator of NASDAQ stock market.

July 12, 2013

Erste Group Bank AG - SWOT Analysis & Company Report

This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.

July 12, 2013

Spindelegger: Fitness Program for Austria

Austrian economy supposed to be boosted by reforms of “Unternehmen Österreich 2025, and a rejection of new taxes.

July 10, 2013

Austria: Deputy Govenor of OeNB Suspended

Deputy Govenor of Austrian National Bank Duchatczek is suspected of bribery.

June 19, 2013