Financial market participation stock corporation
The Finanzmarktbeteiligung Aktiengesellschaft of the Federation (FIMBAG) is a subsidiary of Austrian Beteiligungs AG , which in the wake of the financial crisis from 2007 was founded on 11 November, 2008. It is responsible for the participation of the Republic of Austria in the financial market. In the package passed by the Gusenbauer government in autumn 2008, 15 billion euros are earmarked for securing the equity capital of banks. As soon as a banking institution makes use of this measure, the state takes over shares in the institution.
The board members are Klaus Liebscher and Adolf Wala , and the chairman of the supervisory board is Hannes Androsch (as of November 21, 2012).
In November 2015 the Council of Ministers decided to dissolve FIMBAG on June 30, 2016. The company has been in liquidation since July 1, 2016.
Holdings
In September 2015 FIMBAG held the following shares in trust for the federal government :
- 100% in KA Finanz AG
Participation capital
In September 2015, FIMBAG held the following participation capital in trust for the federal government:
Credit institution | Participation capital in EUR million |
---|---|
HETA ASSET RESOLUTION AG, formerly HYPO ALPE-ADRIA-BANK INTERNATIONAL AG | 275 |
immigon Portfolio abbau ag, formerly Österreichische Volksbanken-AG | 10 |
Web links
- Homepage
- "FIMBAG Finanzmarktbeteiligung Aktiengesellschaft des Bundes to stabilize the Austrian financial market founded today" , press release OTS
Individual evidence
- ↑ FIMBAG Finanzmarktbeteiligung Aktiengesellschaft des Bundes - Organe ( Memento of the original from April 5, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed August 20, 2014.
- ↑ BMF: Council of Ministers resolves to dissolve FIMBAG on June 30, 2016 . APA notification dated November 3, 2015, accessed November 3, 2015.
- ↑ a b FIMBAG Finanzmarktbeteiligung Aktiengesellschaft des Bundes , accessed on March 3, 2017.
- ↑ FIMBAG Finanzmarktbeteiligung Aktiengesellschaft des Bundes - company key data , accessed on September 30, 2015.