10.12.2013
Resent media coverage about restructuring solution
Supervisory Board Chairman Liebscher is opposed to a haircut for Hypo, the bank which underwent emergency nationalisation, and is not expecting a "bad bank" decision before the first quarter of 2014. The numbers have been crunched for three variants on how to deal with assets totalling 19 billion: a participation model, a privatisation model and the creation of a public-owned institution. Liebscher personally prefers a model involving participation by other large Austrian banks: "I view this solution as the most interesting; it has its attractions as far as the deficit and national debt are concerned."
29.11.2013
Capital increase in the amount of EUR 250 million completed
Complementing its ad-hoc announcements dated 8 and 22 November 2013, Hypo Alpe-Adria-Bank International AG informs that in order to ensure compliance with legal provisions regarding capital adequacy and limits on large exposures, the Republic of Austria as the Bank’s owner today has paid a shareholder contribution in the amount of EUR 250 million which has already been received by the Bank.
According to the ad-hoc announcement of the Bank dated 22 November further capital strengthening measures are envisaged for the current calendar year once the competent bodies have been involved in the decision process.
12.09.2013
Decision on formal steps for implementation of EUR 700 million capital increase adopted
Hypo Alpe-Adria-Bank International AG hereby announces that in the context of the Extraordinary General Meeting held today, the Republic of Austria as the bank’s sole owner adopted a decision on the formal steps for the implementation of a capital increase of EUR 700 million.
06.08.2013
Marco Gariglio appointed new General Manager of Hypo Alpe Adria Bank S.p.A.
The Board of Directors of Hypo Alpe-Adria-Bank S.p.A has today appointed Marco Gariglio as new General Manager (Direttore Generale). Mr Gariglio will start his new role on September 2nd. At the same time Lorenzo Snaidero returns from his ad interim position of Amministratore Delegato to be again member of the Board of Directors of Hypo Adria-Bank S.p.A.
21.06.2013
New appointments in the Supervisory Board
Hypo Alpe-Adria-Bank International AG announces that Klaus Liebscher has been appointed as the new Chairman of the Supervisory Board during today’s meeting of the Supervisory Board. He thus follows Johannes Ditz who resigned from this function with immediate effect on 3 June 2013.
31.05.2013
Purchase of Carinthia-based subsidiary, Hypo Alpe-Adria-Bank AG Austria
Hypo Alpe-Adria-Bank International AG and Anadi Financial Holdings Pte. Ltd. sign purchase agreement for Hypo’s Carinthia-based subsidiary, Hypo Alpe-Adria-Bank AG Austria (HBA)
11.03.2013
Hypo Alpe Adria Executive Board reappointed for an additional period
Chairman of the Supervisory Board Ditz sees a “signal of stability for restructuring”. CEO Kranebitter: “Journey towards rehabilitation isn’t over yet!”