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OenB Austrian National Bank
Austria: Economic Recovery Continues
OeNB economic indicator: After the exceptionally strong economic recovery for the first half year, the Oesterreichische Nationalbank (OeNB) expects sustained high economic dynamics in Austria for the second half year.
October 1, 2010
Export Indicator: The Economy is Expanding
According to the current results of the OeNB export indicator calculated on the basis of trucking mileage performance data of September 2010, the Austrian export economy has also expanded in the two summer months.
September 17, 2010
OeNB: First-time Increase of Banks’ Total Assets Since End of 2008
By the end of June 2010 the unconsolidated total assets of the reporting banks in Austria amounted to 1037.98 billion euro.
September 16, 2010
FMA and OeNB Welcome the Basel III Agreement
The package draws the right lessons from the financial crisis and provides for reasonable transition periods.
September 14, 2010
OeNB: less corporate loans, but more private loans in June
Austrian Central Bank OeNB reported that in June the volume of new loans extended to private households reached the highest level this year, while the value of new corporate loans dropped.
September 1, 2010
Austrian Banks in Central, Eastern and Southeastern Europe
According to a recent comparative study from the Austrian Central Bank (OeNB), the long-term commitment of Austrian banks in Central, Eastern and Southeastern Europe (CESEE) offers good prospects.
August 27, 2010
OeNB stresses its commitment to reform
The Austrian National Bank (OeNB) has announced its continuation of current reform policy, in light of stringent austerity measures announcement. Simultaneously, the OeNB said in a press release that its nationalisation has no impact on its independence
July 19, 2010
Banks threaten with drastic job cuts
Bankers warnings on impact of the stricter financial rules, five to ten thousand jobs are threatened.
July 19, 2010
Nowotny - raising the "retirement age"
Higher life expectancy, rising deficits: Austrians should therefore delay retirement, says National Bank's CEO Nowotny.
July 13, 2010
Local banks in stress test "within normal range"
OeNB Governor criticizes EU Commission: State aid procedure too long - debt reduction, dampening the economy Austria's banks performed within "the normal range, in midfield," the Governor of the Austrian National bank (OeNB) and Governing Council memb
July 13, 2010
EU needs a budget minister
For Austrian National Bank President Raidl, the Euro is a success story, however "the monetary union only functions as a political union "I think the Euro is a success story," said the President of OeNB and the Chairman of Voestalpine Claus Raidl to t
July 1, 2010
Nowotny strongly criticizes the Hungarian bank tax
The Austrian central bank chief Ewald Nowotny has practiced unusually sharp criticism of the Hungarian government, more specifically at the proposed Hungarian bank tax.
June 30, 2010
OeNB - Stress tests discriminate against European banks
The Austrian banks have become more stable compared to the autumn of 2009, as analyzed by the Austrian National Bank. However, "stress tests" could cause lengthy aid procedures in Europe.
June 25, 2010
Publication of the stress tests on Friday
In the second half of July, the results of the stress tests for the 25 leading banks in the community will be published. Previously such reviews, as well as the national results of stress tests for all banks of a country, were kept top secret.
June 23, 2010
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