Global Trade Alert
Global Trade Alert

Austria: Restructuring of Österreichische Volksbanken- AG

Announcement

09 Dec 2008

In December 2008, the government of Austria announced a change in private-sector financial support.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

09 Nov 2010

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In April 2009 Österreichische Volksbanken-AG (ÖVAG), the then fourth largest bank in Austria, was recapitalised with EUR 1 billion under the Austrian bank support scheme. Further, it placed three issu...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.