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Lending
Slow Recovery in Banks’ Lending Activity
Corporate loans recovered faster than loans to private households. Interest rates have increased only slightly since April 2010.
July 11, 2011
Austrian SME Increase Investments
Sentiment in the SME sector is improving: 60% are planning to grow in the medium to long term. Enterprises increasingly rely on internal financing.
July 6, 2011
Austrian Financial Sector Stable – Remaining Challenges in Particular Business Segments
Stress test results show Austria’s banks to be more resistant to risks than in 2010 – Boosting equity remains on the agenda nevertheless.
June 21, 2011
Stagnating Level of New Bank Lending
Loan development in the first quarter: increase in long-term lending, but decline in total corporate lending volume.
June 10, 2011
"Need for Improvement" in Austria's Capital Market
According to a study by Ernst &Young;, the domestic capital market shows deficits particularly in the areas of investor protection, the depth of the capital markets and corporate governance.
May 10, 2011
Capital Transfers Still Below Pre-Crisis Level
Austria's financial transactions with foreign countries continue to be influenced by the aftermath of the crisis: investment in foreign securities has increased only slightly (€ 6.4 bn).
May 5, 2011
Lending Behavior of Banks Remains Stable
The credit policy of Austrian banks remained stable for the third year running in the first quarter of 2011 and it is also expected to remain unchanged in the second quarter of 2011.
April 28, 2011
aws: Willingness to Invest in Austria’s Manufacturing Industry Grows
The investment projects promoted from January to March 2011 were larger and more ambitious than one year ago.
April 22, 2011
Kommunalkredit within the Profit Sector
After the split of the former Kommunalkredit in November 2009, the KA has exceeded profit targets with a provisional net profit of € 24.7m.
April 14, 2011
AutoBank‘s Figures Slightly Negative
The Austrian specialist bank could improve its results and market position slightly. The forecasts were exceeded, according to AutoBank.
April 13, 2011
Corporate Banking: Bank Austria still dominant
Corporate banking is an important pillar of business for Bank Austria, generating € 899 m or one fourth of the total operating result. The market share is 89%.
April 9, 2011
Volume of Bank Austria Wohnbaubank Bonds Remained Stable
Bank Austria could hold its dominant position in the Austrian residential construction bonds market in 2010.
April 5, 2011
Basel III: Leitl Demands Adaptation for SMEs
The implementation of Basel III should take business financing into account, for which reason national support measures are necessary for capital strengthening of small businesses.
April 5, 2011
OeNB: "Positive Signals from the Banking System"
The expected consolidated net income of Austrian banks rose to € 4.58bn, generated in large part on foreign markets.
March 30, 2011
Austrian SME as New Target for Bank Austria
In total, € 13.2bn of new loans could be granted at Bank Austria in Austria in 2010 (corresponding to an increase of 19.3 percent as compared to 2009)
March 29, 2011
Leasing Business Boom in Austria
Because of capital requirements and rigid lending conditions, leasing gains in importance as a financing alternative.
March 18, 2011
Austrian Clearingbank Concludes Activities
The activities of the Oesterreichische Clearingbank, founded in 2008 to handle liquidity shortages at commercial banks end presently.
March 5, 2011
Erste Group: Strong Increase in Lending
The Austrian Erste Group granted € 7.8bn loans in 2010 and expects demand for credit to rise in 2011 and 2012.
February 25, 2011
Tightening of Credit Policy Expected
The new Basel III rules will result in a tightening in lending, especially for small and medium-sized enterprises.
February 25, 2011
aws: Investments in Austria Rise Again
"Companies are investing more heavily in expanding and adding production capacity", reports the management of aws (Austria Wirtschaftsservice).
February 16, 2011
Unmodified Lending Policy of Austrian Banks
Austrian banks did not change their lending policy in the fourth quarter of 2010, no modifications are expected for the current quarter either.
January 28, 2011
Erste Bank to Expand its Corporate Customer Business
Business with local companies is set to grow twice as fast as the Austrian market. Share for SME business set to rise from 24 to 33% in the next 3 years.
January 28, 2011
Demand to Unburden Business Founders
The Austrian Economic Chamber demands the creation of tax and corporate law unburdening for company founders.
January 19, 2011
Investment Inhibition in Austrian Companies
The investment situation of Austrian companies is analyzed in the liquidity situation report by PwC. There are still frictions present on the capital market.
January 14, 2011
Customer Growth for Construction Savings Bank ABV
In 2010, the Austrian construction savings bank ABV granted building loans for € 287m.
January 14, 2011
Profits Increase for Banks in Austria
The profitability in the first three quarters of 2010 of Austrian banks shows continued strong growth.
December 29, 2010
OeNB: Recovery of the Financial System in a Persistently Uncertain Environment
The OeNB considers that domestic banks benefit from the positive development in the CEE region. However, uncertainties stay on as before.
December 15, 2010
Economic Chamber: No More Credit Crunch for Austria’s Businesses
A study by the Austrian Economic Chamber shows the high level of satisfaction of local businesses with their banks: the credit crunch has disappeared.
December 10, 2010
Austrian National Bank: Credit Shortage Has Been Overcome
The analysis of the Oesterreichische Nationalbank (OeNB, Austrian National Bank) on loan growth shows slowly recovering credit dynamics in Austria.
December 8, 2010
Basel III: Banks Expect Lower Profits
Private banks will have to adjust to lower profits because of Basel III regulations..
November 11, 2010
Lending Policy of Banks is Stabilized
Results for Austria of the October 2010 credit business survey in the euro area
October 28, 2010
Lending decreased in April
More long-term loans to enterprises, decline in foreign currency loans in private sector.
July 5, 2010
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