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


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus