Bloomberg News

Erste CEO Reiterates Won’t Need State Aid This Year

January 16, 2012

Jan. 15 (Bloomberg) -- Erste Group Bank AG won’t ask for state aid this year and made writedowns last year because it was strong enough to make them, Chief Executive Officer Andreas Treichl said in Austrian television today.

To contact the reporter on this story: Boris Groendahl in Vienna at

To contact the editor responsible for this story: Zoe Schneeweiss at

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