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Austrian banks achieve sound results in European stress test. Generation of capital in recent years has proven effective and has increased the banking sector’s resilience against crises.

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sound results for Austrian banks

Occurrence of a deposit guarantee pay out event – AutoBank AG

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Occurrence of a deposit guarantee pay out event

AutoBank AG

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Deposit guarantee information can be found here

The Austrian Financial Market Authority (FMA) has issued an administrative decision prohibiting “Autobank AG” from continuing business operations, and has appointed the external auditor Dorotea-E. Rebmann as government commissioner.

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FMA prohibits continuation of business operations by means of an administrative decision and appoints government commissioner

Repealing of the recommendation to financial service providers to refrain from paying dividends in light of the economic challenges caused by COVID-19.

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repealed with effect from 30 September 2021

Suspension of Unit Certificate Trading

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ERSTE STOCK JAPAN

FMA Study on “The market for state-sponsored retirement provision in 2020”: market continues to contract significantly. Investment performance negative.

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market continues to contract significantly. Investment performance negative.

“Let’s talk about money” – Fund fees: compare them! When buying units in a fund, you are charged fund fees. Is your fund expensive or cheap?

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Fund fees

FMA Market Study 2021 on fund fees charged by Austrian retail funds: ongoing fees remain constant, but significant reduction in entry charges.

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on fund fees charged by Austrian retail funds

IPM Systematic Macro Fund (Ireland), an investment compartment of the IPM Global Fund plc umbrella fund

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IPM Systematic Macro Fund (Ireland), an investment compartment of the IPM Global Fund plc umbrella fund

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