Management Board member Ettl:

“There was no special treatment by the FMA for Signa”

Nachrichten
14.05.2024 13:19

FMA Executive Director Helmut Ettl denied on Tuesday that the supervisory authority had given special treatment to René Benko's bankrupt Signa group. "We treat all inquiries equally", he said at a press conference on Tuesday. The background to this is a recent attempt at intervention by Alfred Gusenbauer, former chairman of the supervisory board of the insolvent real estate conglomerate.

Former SPÖ Chancellor Gusenbauer wrote a letter to Ettl in September 2023 in which he described the ECB's approach as "inexplicable" - we reported. On behalf of Signa, he wrote: "We ask for your support in clarifying the situation and are always available for discussions - also with representatives of the ECB."

Ettl: "Procedure not unusual"
The FMA confirmed receipt of the letter. According to the Austrian supervisory authority, the request had been forwarded to the responsible banking supervisor at the central bank.

Gusenbauer attempted to intervene with the FMA in the Signa matter. (Bild: Andreas TISCHLER)
Gusenbauer attempted to intervene with the FMA in the Signa matter.

When asked about this, Ettl stated on Tuesday that such an approach was not unusual: every year, the authority receives around 2000 letters from a wide variety of people and organizations - "from prominent and less prominent" bodies. The various concerns and complaints are always dealt with in the same way, Ettl assured.

Signa bankruptcy "manageable for banks"
However, the head of the FMA does not see the Signa bankruptcy wave and the exposure of the banks as a threat to the Austrian banking sector. "The extent is manageable for the domestic banks," said FMA board member Eduard Müller with conviction. The exact volume of outstanding Signa loans in the domestic banking sector is not known. A figure of around 2.2 billion euros was recently reported.

Speaking of banks: At the press conference, Ettl also spoke about Raiffeisen Bank International (RBI), which recently abandoned its plan to retrieve frozen funds from Russia with a complex transaction. In any case, the bank is well positioned, even if RBI has to write off its Russian subsidiary in full in the medium term, said the FMA Executive Board member.

Appeal also against Signa Prime trust restructuring
In the Signa case, the tug-of-war over the liquidation of the ailing company continues. On Monday evening, the Republic of Austria lodged an appeal against the trustee restructuring of Signa Prime. The President of the Austrian Financial Procurator's Office, Wolfgang Peschorn, had already lodged an appeal against the trustee restructuring of Signa Development.

This means that the Higher Regional Court will have to decide on the liquidation of the two important companies from the insolvent real estate conglomerate of investor René Benko. Bankruptcy is therefore still possible, but nothing will change in the liquidation process for the time being.

This article has been automatically translated,
read the original article here.

 krone.at
krone.at
Loading...
00:00 / 00:00
play_arrow
close
expand_more
Loading...
replay_10
skip_previous
play_arrow
skip_next
forward_10
00:00
00:00
1.0x Geschwindigkeit
explore
Neue "Stories" entdecken
Beta
Loading
Kommentare
Eingeloggt als 
Nicht der richtige User? Logout

Willkommen in unserer Community! Eingehende Beiträge werden geprüft und anschließend veröffentlicht. Bitte achten Sie auf Einhaltung unserer Netiquette und AGB. Für ausführliche Diskussionen steht Ihnen ebenso das krone.at-Forum zur Verfügung. Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

User-Beiträge geben nicht notwendigerweise die Meinung des Betreibers/der Redaktion bzw. von Krone Multimedia (KMM) wieder. In diesem Sinne distanziert sich die Redaktion/der Betreiber von den Inhalten in diesem Diskussionsforum. KMM behält sich insbesondere vor, gegen geltendes Recht verstoßende, den guten Sitten oder der Netiquette widersprechende bzw. dem Ansehen von KMM zuwiderlaufende Beiträge zu löschen, diesbezüglichen Schadenersatz gegenüber dem betreffenden User geltend zu machen, die Nutzer-Daten zu Zwecken der Rechtsverfolgung zu verwenden und strafrechtlich relevante Beiträge zur Anzeige zu bringen (siehe auch AGB). Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

Kostenlose Spiele