Bank Austria, Erste, RZB Group face CRD IV fast-track

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Bank Austria, Erste, RZB Group face CRD IV fast-track

Austria has laid out plans to fast-track CRD IV capital rules for its largest banks, saying they must hold 7% capital by 2013 and additional capital buffers of up to 3% from 2016. Bank Austria, Erste Bank, and RZB Group are the only three institutions to be captured by the rules.

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