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Kaerntner Sparkasse
Erste Bank Fixed the Takeover of Intermarket Bank
Erste Bank took over 56% in Austria’s largest factoring bank from the Polish subsidiary of Commerzbank and will acquire another 10% from Coface.
July 28, 2011
Kärntner Sparkasse Starts Withdrawal from Italy
The Carinthian regional bank is closing down two branches as a consequence of the economic crisis and new capital requirements.
July 26, 2011
Kärntner Sparkasse Planning Partial Pull-Out of Italy
The Austrian regional bank intends to close a part of its Italian branches. The credit business has suffered from the crisis; the future focus will be on deposits and private banking.
May 18, 2011
Hypo Group Starts Sales
The emergency-nationalized Carinthian Hypo Group is to sell its Austrian and Italian subsidiary in the coming weeks.
March 19, 2011
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