Anadi News:
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Euro Adhoc – Corporate News
The interim CEO Ganesh Kumar Krishnamoorthi will step down and leave the Bank as planned, effective 31.7.2020. Mr. Krishnamoorthi will hand over (his responsibilities) during a handover phase in the month of July to Dr. Christian Kubitschek, who has been sworn in as a member of the management board effective 1 July, and will assume the position of CEO from GaneshKumar Krishnamoorthi, effective 1 August.
Read more2014 balance sheet: Austrian Anadi Bank on a sustainable positive course
With an increase in the operating result to EUR 10,161 million (2013: EUR 7,844 million), Klagenfurt-based Austrian Anadi Bank confirms the sustainable positive course it has pursued following the privatisation in 2013. Supported by an increase in net interest earnings, the operating earnings rose to EUR 60.6 million (2013: EUR 59.4 million), while operating expenses were reduced by means of strict cost management to EUR 50.5 million (2013: EUR 51.6 million).
Read moreSupplementary Capital
We hereby announce that HYPO ALPE-ADRIA-BANK AG, due to the absence of an annual net profit for the 2010 financial year, will not make any interest payments in relation to, inter alia, supplementary capital bonds until further notice. Further information on the HYPO ALPE-ADRIA-BANK AG is available on the group’s website.
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