Kommunal Kredit

Infra Banking Experts
Austria´s Bank for Infrastructure

Press Archive 2012

Click here to download the press releases of Kommunalkredit of the year 2012.

03.08.2012 - Press Release: Interim Results 2012

Steinbichler: "Business focus on infrastructure projects for the benefit of municipalities"

  • Positive IFRS pre-tax result for the period at EUR 16.3 million significantly above target
  • Improved earnings structure, net interest income +15%
  • Higher capital ratios: total capital ratio 16.9%, core capital ratio 12.4%
  • EUR 4.6 million stability tax (bank levy) paid
  • KA receives no state support
  • Privatisation process initiated

02.05.2012 - Result for the Year 2011 of Kommunalkredit

    Kommunalkredit Austria publishes result for the business year 2011

  • Operating result of EUR 29.1 million is above budget
  • Net result for the year negative due to extraordinary effect of Greece
  • Sound capitalisation – no support needed from Republic of Austria

09.03.2012 - Steinbichler: “One-off effect through Greek debt writedown – Operating result above budget”

  • Kommunalkredit participates in Greek package with EUR 150 million in nominal value
  • Additional provisioning requirement of EUR 142.2 million
  • Bank is strong enough to bear the resulting capital charge on its own
  • Operating result above budget
  • Capital ratios remain satisfactory

Contact

Martin Hehemann
Head of Corporate Communications
Phone: +43 (0)1/31 6 31-532
Fax: +43 (0)1/31 6 31-503

Send e-mail

Contact

Marcus Mayer
Corporate Communications
Phone: +43 (0)1/31 6 31-593
Fax: +43 (0)1/31 6 31-503

Send e-mail

euro adhoc

For Ad-hoc announcements please follow the link below

Ad-hoc announcements