April 25, 2024

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Grazer Wechselseitige

Grazer Wechselseitige Posts Profit Decrease

Due to the Hungarian business segment, the Austrian banking and insurance group recorded a decline in net income to € 58m from € 69m.

Hypo Alpe Adria Sells Stake in Hypo Insurance

All of the Austrian bank’s 20% stake will be taken over by majority owner Grawe insurance.