Image: Antonio Bayer
The two institutions announced this as part of their focus for the coming year. It states that the “capital and liquidity resources of Austrian credit institutions will continue to be subject to intensive monitoring in view of the challenging environment.” Strengthening capital remains the focus.
The real estate risks for residential and commercial properties in the Austrian banking sector should be further limited. The focus here is on “compliance with sustainable procurement standards and the forward-looking formation of risk provisions in conjunction with conservative collateral valuations”. Further attention will be paid to digitalization and climate risks.
more from economics
