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ÖBAG: Dr. Christine Catasta Appointed to the Supervisory Boards of Telekom Austria and OMV
ÖBAG CEO Dr. Christine Catasta was appointed to the Supervisory Boards of Telekom Austria (A1) and OMV. With her appointment, both companies have strengthened their women's quota, and OMV has reached parity between the number of male and female capital representatives. Read more about Dr. Catasta.
September 13, 2021
Volksbank Romania Sells EUR 495 Million NPL Real Estate Portfolio
Volksbank Romania has reduced its non-performing loans portfolio (NPLs) through the sale of a NPL real estate portfolio with an aggregate volume of € 495 million. The Bank has sold the large-volume real estate financing commitments to an international investors consortium composed of Deutsche Bank, AnaCap Financial Partners LLP, H.I.G Capital International Advisers and APS Holding SE. With this transaction, Volksbank Romania has reduced its NPL portfolio to a NPL ratio of below 8%, below the average in Romania's banking system.
July 28, 2014
Romania: Remarkable Development Since 2000
The advisory firm pwc has compiled a study on the economic progress of advanced and emerging economies. Poland and Romania are one of the top performers.
February 5, 2014
PwC: Turbulent Years for Banks
According to a study by PricewaterhouseCoopers (PwC) the core capital of European banks need to be increased significantly.
November 28, 2013
Austrian Banking Sector: NPL at Eurozone´s Top
In the Eurozone, the non-performing loans are still growing. In total, 7.8% of the loan portfolio is risky. Austrian banks are significantly above the average.
October 30, 2013
Viennese Office Market: Collapse Threatens
Although office rents are relatively low in Austria´s capital, multinational companies tend to establish their headquarters elsewhere. Real estate experts fear a vicious circle.
March 5, 2012
Austrian Companies Have € 8.5bn Cash on Hand
ATX and Prime Market companies‘ money holdings amounted to € 8.5bn in Q2 2011. Investments totaled € 1.5bn.
December 15, 2011
Business Crime: Every Second Firm Concerned
In Austria, business crime becomes more and more obvious. Often alertness is not really given.
November 1, 2011
Companies’ Cash on Hand Reaches Record High
ATX and Prime Market companies‘ money holdings amounted to € 9bn in Q4 2010. Investments increased by 120% compared to the average of the three previous quarters.
May 19, 2011