Banking Industry

Romania: BRD Group Societe General with High Expectations

The Romanian lender intends to increase its lending by four percent in 2014.

41 minutes ago

Slovenia: List of Debtors of NLB Published

The Slovenian bad bank BAMC (Bank Asset Management Company) has published the list of debtors of the country’s two largest banks, which are responsible for the disaster of the state-controlled banks.

1 hour ago

Poland: Costs for Banking Services Rising Dramatically

The banking fees in Poland saw a dramatic increase in the second half last year.

6 hours ago

Austria: Bawag to Go Public?

Bawag PSK is likely to go public, as reported by Bloomberg.

7 hours ago

Austria: Calls for Reduction of Bureaucracy Become Louder

Bureaucratic hurdles burden the Austrian enterprises the most apart from taxes and other levies.

8 hours ago

Austrians Cautiously Observant

Despite economic recovery the Austrian citizens are still cautiously observant.

Yesterday

Serbia: Key Rate Kept Unchanged.

The NBS (National Bank of Serbia) decided to keep the policy rate unchanged as there is no threat of inflation.

Yesterday

Austria: Hypo Commission Costs Less than Anticipated

Irmgard Griss, head of the investigation commission appointed by the Finance Ministry with regard to Hypo Group Alpe Adria’s nationalization, announced wanting to leave the decision about the costs with the government.

Yesterday

UniCredit: Common Bad Bank with Intesa Sanpaolo?

The parent company of Bank Austria may create a common bad bank with its Italian competitor Intesa Sanpaolo. The bad bank may be sold later on.

Yesterday

Austrian Banking Sector: Less Banks, More Employees

Since 2000, the number of employees was up by 2,600 in the Austrian banking industry. In the same period, 165 bank shops were closed. Nevertheless, Austria is still over-banked.

Yesterday
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