Austrian Bad Bank Gets 20% Less State Aid

KA Finanz, the Austrian bad bank, received 20% less state aid from the government than it budgeted for 2013 in order to meet capital requirements imposed by the Basel Committee on Banking Supervision.

  • 13 Aug 2013

KA Finanz, the Austrian bad bank, received 20% less state aid from the government than it budgeted for 2013 in order to meet capital requirements imposed by the Basel Committee on Banking Supervision.

Click here to read the story from Reuters.

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