March 29, 2023

All times are Vienna time

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United States

Western Europe »

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RZB Raiffeisen Zentral Bank

S&P Downgrades Erste, RZB, UniCredit, Affirms HYPO NOE, KA Finanz, Upgrades HYPO OO

S&P is downgrading three banks, affirming the ratings on two banks, upgrading one bank, and lowering various issue ratings on the banks' hybrid capital and guaranteed grandfathered debt.

café & Co Achieves Substantial Sales Growth

The Austrian coffee dispenser caterer records a 11% sales increase, which is due to business growth in Eastern Europe.