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Iran-Deal - Austrian Oberbank Distances Itself from Framework Credit Agreement with Tehran
Only last year, the Upper Austrian Oberbank was the first European bank to sign a framework credit agreement with Iran. After the USA's withdrawal from the nuclear treaty, the bank is now under pressure and intends to wait and see. The bank says it could certainly take two weeks for a final solution to be found and officially agreed.
May 11, 2018
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Hungarian Central Bank Buys Austria's 68.8% Stake in Budapest Stock Exchange
Austrian shareholders CEESEG and OeKB sell their 68.8% stake in Budapest Stock Exchange to Hungarian Central Bank for €42m ($45m), the Hungarian central bank confirmed officially.
November 24, 2015
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Austrian Construction Group Alpine Rescued
For the time being, Alpine´s bankruptcy could be prevented. The creditors agreed on a partial waiver.
March 4, 2013
CESEE: Economic Outook Brightens Slightly
According to a survey carried out by OeKB (Austrian Clearing Bank), investors in the CESEE region are more optimistic.
February 6, 2013
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CESEE: Business Climate Deteriorates
According to OeKB (Austrian Clearing Bank), the economic sentiment in Southeastern Europe is declining. Poland remains the growth engine.
November 7, 2012
Financial Syndicate for Nabucco Arising
The Austrian OeKB intends to conduct a financial consortium for the gas pipeline project Nabucco.
October 15, 2011
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OeKB Facilitates Austro-Russian Projects
A recently signed agreement will increase the cooperation between OeKB and Russian Vnesheconombank.
May 27, 2011
Eastern Europe Becoming Attractive Again
For two years Austrians have abstained from investing in Eastern Europe, resulting in a loss of market share in these countries. Interest starts to recover now.
May 25, 2011
Increase in sales for OeKB Versicherung
After the crisis of 2009, the export insurer OeKB Versicherung AG recorded a significant increase in sales last year.
March 26, 2011
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Österreichische Kontrollbank: "There are no Failures to be Feared"
Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.
March 12, 2011
Business Climate Improves in Eastern Europe
According to the Austrian Kontrollbank (OeKB), the Business Climate Index has risen in Eastern Europe for the seventh consecutive time.
February 9, 2011
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FMA: Solid Performance of Austrian Pension Funds
The Financial Market Authority (FMA) publishes a report on the Austrian pension funds. The performance is diverse. .
December 17, 2010
S&T Seeks to Refinance Bonds
The Vienna-based IT service provider wants to have a sound financing basis. New investors are also being sought.
November 19, 2010
Foreign Direct Investments (FDI) Declined by 80%
Participation in companies and real estate are attractive, but Austrian firms are reluctant to make acquisitions in Eastern Europe.
September 22, 2010
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Airports International - third capital repayment
This third capital repayment follows the initial capital repayment amounting to €2.25 per certificate at the beginning of June 2009, and the second capital repayment amounting to €0.70 per certificate at the end of October 2009.
August 18, 2010
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