Global Trade Alert
Global Trade Alert

Austria: Restructuring of Kommunalkredit Austria AG

Announcement

31 Mar 2011

In March 2011, the government of Austria announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Apr 2009

Revocation date:

No revocation date

Updated: 31 Mar 2011
Equity stake In force
On 31 March 2011 the final restructuring plan and the final commitments letter were formally notified to the European Commission. Kommunalkredit Austria AG (KA) was the 7th largest Austrian bank with ...
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