Steiermaerkische Sparkasse

Steiermärkische Interested in Hypo Group´s Subdidiary

The head of Austrian regional bank Steiermärkische Sparkasse said he was interested in buying some Balkan assets from nationalized lender Hypo Group Alpe Adria, a newspaper reported.

April 3, 2012

Erste Bank Fixed the Takeover of Intermarket Bank

Erste Bank took over 56% in Austria’s largest factoring bank from the Polish subsidiary of Commerzbank and will acquire another 10% from Coface.

July 28, 2011

Steiermärkische Sparkasse Doubled Profits

The general recovery in the Austrian banking sector in 2010 was also felt by the regional banks. Yearly net income increased from € 41m to € 79m.

March 17, 2011
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