Austrian Banks Need €10 Bln To Comply With Basel, Repay Aid
Austrian banks will require an additional €10 billion ($13.23 billion) in core Tier 1 capital to comply with new rules by the Basel Committee on Banking Supervision and to repay the government aid, according to Oesterreichische Nationalbank, the country’s central bank.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: