NPL Non Performing Loans

EU Approves Hypo Group´s Restructuring Plan

The re-privatization of the Austrian publicly held banking group was approved by the Commission. According to the Commission´s report, Hypo Group´s expansion strategy was highly dangerous.

September 2, 2013

Austrian Banking Sector Burdened Heavily With NPL

In total, non-performing loans held by Austrian banks come at € 150bn. This corresponds to 48% of Austria´s GDP.

September 2, 2013

Hypo Group Considers IPO

The Austrian nationalized bank takes an IPO of its Eastern subsidiaries into account.

August 31, 2013

RBI Considers Withdrawing from Hungary

The Austrian banking group Raiffeisen Bank International wants to focus on other markets. Hungary and Slovenia are shrinking markets, CEO Karl Sevelda says.

August 6, 2013

Slovenian Banking Sector Still Under Enormous Pressure

Besides the decreasing negative net income and the high impairment losses, Slovenia´s banks register a decreasing lending activity. Deposits are going down as well.

August 2, 2013

Slovenia: Non-Performing Loans Stabilizing

The Slovenian banking industry still suffers from a high NPL quota. The NPL volume is going down slightly, however.

August 2, 2013

Russia: Consumer Debt Grows Persistently

Russia´s Central Bank wants to stop the increasing debt servicing costs for Russian households.

August 2, 2013

Hypo Group: Current Capital Injection Not Enough

Klaus Liebscher, head of the supervisory board of the nationalized Austrian problem bank, thinks that the Ministry of Finance will have to inject further money.

July 23, 2013

Profitability: Austrian Banks Perform Worst

According to a current report published by A.T. Kearney, the Austrian banking industry suffers from a low profitability.

July 23, 2013

Hungary Plans New Burden for Banks

Hungarian households are still over-indebted. Prime Minister Viktor Orban aims to help them on the expense of the banking sector.

July 23, 2013

Kommunalkredit to be Liquidated

The EU Commission has approved the plans submitted by the Austrian government. The nationalized bank will need further state aids.

July 20, 2013

Austrian Banking Package: Major Burden for Taxpayers

In total, the banking package has caused costs of more than € 6.4bn. Austrian taxpayers must expect further costs.

July 19, 2013

Poland: Banking Sector Faces Downward Trend

According the Poland´s National Bank NBP, the profitability of the Polish banking sector is expected to decline further.

July 17, 2013

VBAG is Forced to Continue Radical Downsizing Measures

The partly nationalized and financially stricken Austrian banking group has to implement a painful restructuring concept. At the moment, VBAG sells its properties.

March 15, 2013

Romania As Risk Factor for Austria´s Public Finance

The partly nationalized Austrian banking group VBAG faces difficulties in Romania. The Austrian Ministry of Finance tries to prevent further capital injections into VBAG.

March 2, 2013

VBAG: Major Losses in Romania

The Romanian subsidiary of Austrian VBAG suffers from non-performing loan. Last year proved to be again a difficult one for the Romanian banking system, Raiffeisen Research states.

February 21, 2013

Assets Become More Risky in CESEE Countries

According to S&P, the exposure of Austrian banks in the CESEE region has become more risky.

February 15, 2013

Bulgaria: Bad and Restructured Loans Decrease

In the last month of 2012 the annual rate of increase of the monetary aggregate M3 decelerated again (to 8.5%), after in November it accelerated to 10.1%, Raiffeisen Research reports.

February 12, 2013

Slovenia: Non-Performing Loans Still on the Rise

The banking system’s high credit risk increased slightly in the first nine months of the year, but at a slower pace than in 2011.

February 5, 2013

Austria: Non Performing Loans on the Rise

According to RBI´s (Raiffeisen Bank International) CEO Herbert Stepic, the NPL quota has risen in Austria last year.

January 29, 2013

Serbia: Doubts About Economic Development

Milos Bugarin, President of Serbia´s Chamber of Commerce demonstrates skepticism regarding the economic outlook issued by the government.

January 7, 2013

Erste Group: Massive Cuts in Romania

Due to the weak performance of BCR, the Austrian bank plans to lay off 1,600 employees in Romania. BCR´s NPL quota remains on a high level.

December 18, 2012

Hypo Group Expects Enormous Challenges

„Next year will be very difficult.“ CEO Gottwald Kranebitter says in an interview with “WirtschaftsBlatt”.

December 10, 2012

Slovenian NKBM in Difficulties

The second-biggest Slovenian Nova Kreditna Banka Maribor (NKBM) bank suffers from its risky assets. The NPL quota is still on the rise.

November 22, 2012

Bawag: Hungarian Exposure Shrinks

The Austrian bank gradually withdraws from Hungary. The stake in MKB Bank becomes smaller.

October 23, 2012

RBI: Poland Shows Stability

In Poland, Raiffeisen Bank International´s NPL ratio comes at 8%. By contrast, Ukraine and Poland are much more problematic.

October 1, 2012

Serbia: Bad Loans Declining Slightly

At the end of June, the share of non-performing loans came at 19.5%.

September 29, 2012

Crucial Days for Slovenia

This week, Slovenia´s Parliament may decide on establishing a bad bank. After Prime Minister Janez Jansa warned of a national bankruptcy, the Slovenian opposition is under pressure.

September 26, 2012

Romania Leaves Recession Behind

In the second quarter, Romania´s GDP was up by 0.5% The construction industry was the driving force.

September 8, 2012

Investigation of Non-Performing Loans

The Slovenian public prosecutor´s office investigates the level of non-performing loans at the two biggest banks NLB and NKBM.

September 8, 2012

Slovenia „No Problem for Austrian Banks“

Although Austria is the biggest investor in Slovenia, the Austrian banking industry does not fear a national bankruptcy.

September 5, 2012

Croatian Crisis Aggravates

For Croatia, the end of the severe recession is not foreseeable. Croatia´s real economy is hit hard, the financial sector suffers from bad loans.

August 31, 2012

Non-Perfoming Loans on the Rise in Austria

In the last three years, the size of non-performing loans held by Austrian banks has doubled. At the end of 2011, the NPL volume stood at € 18bn.

August 16, 2012

Slovenian Abanka Vipa Needs Fresh Capital

The third-biggest Slovenian bank needs a capital injection of € 50m. In total, Abanka Vipa has a risky assets of € 600m.

July 31, 2012

Slovenian Banking Crisis Aggravates

This week, the rating agency Moody´s downgrades the three biggest banks of Slovenia. Slovenia is threatened of becoming a bail-out candidate.

July 27, 2012

RBI: Bad Development in Hungary

Herbert Stepic, CEO of Raiffeisen Bank International expects that the development of non-performing loans is stable this year.

July 21, 2012

Slovenia Remains in Recession

According to estimations, the recession in Slovenia will sharpen this year. A turnaround is expected in 2013. The banking sector is an enormous burden for the Souteastern European country.

July 12, 2012

NPL of € 100bn in CEE?

The chairman oft he Viennese Chamber of Labor Werner Muhm asserts that Austrian banks hold non-perfoming loans in CEE ountries. Austrian banks rejected Muhm´s statement.

June 23, 2012

Hypo Group: Further State Aids not Excluded

Johannes Ditz, chairman of the nationalized Hypo Group Alpe Adria, wants to sell about a third of the interests until 2014. In the end, losses are likely.

May 30, 2012

Exposure in Eastern Europe Remains Austria´s Weak Point

The Commission of the European Union warned Austria of the big exposure of domestic banks in Eastern Europe. Moreover, the austerity package was criticized.

May 30, 2012

BCR: Treichl Expects Soon Recovery

Andreas Treichl, CEO of Erste Group, anticipates a soon recovery of the Romanian subsidiary Banka Comerciala Romana.

May 19, 2012

Croatian Banks: Rise in NPL Ends

Croatian banks do not expect any further hike in the level of bad loans, which surpassed 12 percent at the end of 2011, the national banking association HUB said.

March 19, 2012

Losses in Hungary Keep Within a Limit

The deadline for the conversion of Hungarian foreign currency loans expired. Austrian banks think that their provisions are sufficient.

February 1, 2012

Stepic: „Reaching AAA Again Is Possible“

RBI´s CEO Herbert Stepic thinks that due to the strength of Austria´s real economy, re-gaining the triple A is possible within the next years.

January 28, 2012

Hungary Becomes Fundamental Risk Factor for Austrian Banks

Over the last weeks, fears of a Hungarian bankruptcy grew drastically. The Hungarian Forint has reached a new record low.

January 5, 2012

Styrian Mining Company Causes Problems for Austrian Banks

The Austrian mining company Decometal has debts reaching € 250m. Now, the company will be restructured. Loans must be extended.

December 28, 2011

Growth Potential in CEE Banking Sector

The Austrian Raiffeisen Bank International has a very favourable growth outlook for six CEE banking markets representing 80 per cent of the region's total banking assets

November 8, 2011

Hypo Group: „Need Time, not Cash“

Gottwald Kranebitter, CEO of the Austrian nationalized Hypo Group emphasizes the independence from further state capital.

October 18, 2011

RBI: „There Is No Reason to Write Off“

After Erste Group has published its highly negative forecast for 2011, Raiffeisen Bank International came under pressure. RBI underlines that its risk is not comparable to that of Erste Group.

October 10, 2011

Massive Lay Offs at Hypo Group

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

November 30, 2010
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