Step towards the re-privatisation
Hypo Alpe Adria Bank, in line with its strategy, has taken a first step towards the reprivatisation of its South East European (SEE) network and the associated steering holding in Austria.
Demerger Austrian subsidiary HBA
HYPO ALPE-ADRIA-BANK AG (Commercial Register Number FN 245157 a) and HYPO ALPE-ADRIA-BANK INTERNATIONAL AG (Commercial Register Number FN 108415 i) have decided to prepare a demerger of HYPO ALPE-ADRIA-BANK AG on the basis of the annual financial statements as of 31.12.2011, in order to facilitate the ongoing sales process regarding HYPO ALPE-ADRIA-BANK AG.
Hypo Alpe Adria reaches its goal of break-even result in 2011.