The agreement signed on February 27, 2012 between VBAG, its owners and the Republic of Austria laid the foundation for the stabilization and future viability of the bank.
Preliminary remarks: The 2011 results presented are preliminary results which have to be approved by the General Meeting of shareholders held on 26 April 2012.
Subtitle: Completion of the sale delivers 1.1 billion liquidity to VBAG and reduces risk by EUR 6.6 billion – final purchase price: EUR 505 million after payment of a fixed loss contribution by previous owners