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equity

VBAG No Systemic Bank Anymore

After the sale of VBAG´s subsidiary VBI to Russian Sberbank, the bank will not be systemic anymore, the Austrian Financial Market Authority announced.

January 21, 2012

Telekom: Pecik Beyond 20%

The Austrian investor Ronny Pecik exercised existing Telekom Austria call options.

January 20, 2012

Austrian Banks Claim to Continue „Vienna Initiative“

In 2009, international banks agreed on maintaining their lending operations in Eastern Europe. Now, the cooperation should be extended.

January 18, 2012

Austrian Banks Must Downsize in Hungary

Erste Group and Raiffeisen Bank International (RBI) must streamline their operations. Nevertheless, a further capital increase could become necessary.

January 12, 2012

Slow Growth in CEE Expected

According to Raiffeisen Research, real GDP in CEE to grow by 2.0 per cent in 2012, while Austria set to post GDP decline of 0.5 per cent.

January 11, 2012

Experts Consider Sale of Bank Austria

After the sluggish capital increase of UniCredit, experts do not exclude a sale of Bank Austria, which operates the CEE business.

January 10, 2012

Supervisory Board of Telekom Austria Calls For Dividend Suspension

The supervisory board member Alexander Sollak claims that not dividends should be paid out for 2011. Instead, the equity base should be strengthened.

January 9, 2012

Erste Group: Core Shareholder Endangered to Reduce Stake

Erste Group´s main stockholder, the Erste Stiftung, needs 2012 dividend to avoid stake sale.

December 28, 2011

Raiffeisen to Strengthen Equity Base

RZB shareholders' general meeting resolves the issuance of participation capital worth € 600m.

December 28, 2011

Erste Group: Capital Shortfall to be Covered by Profits

The new equity requirements will be fulfilled, Erste Group´s CEO Treichl says. The capital shortfall amounts to € 743m.

December 27, 2011
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