Bloomberg News

Austria Says Has Means to Support Volksbanken, Demands Plan

October 13, 2011

Oct. 13 (Bloomberg) -- Austria’s finance ministry said that while it has the means to support Oesterreichische Volksbanken AG, owners and management need to present a “credible” plan to strengthen the lender, according to an e-mailed statement.

To contact the editor responsible for this story: Boris Groendahl at bgroendahl@bloomberg.net


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