Hypo Alpe Won’t Pay Austria Even after First Net in Years

posted by utterbackpac 177 days ago under hypo venture capital, hypo venture capital zurich, hypo alpe won-t pay austria even after first net
Hypo Alpe-Adria-Bank International AG, a nationalized Austrian lender, won’t pay a dividend to the state even after posting its first annual profit in four years.

Net income was 69.3 million euros ($91.3 million) in 2011 under international financial reporting standards after a 1.1 billion-euro loss the year before, the Klagenfurt, Austria-based bank said today in a statement on its website. » Hypo Alpe Won’t Pay Austria Even after First Net in Years
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