“We are on really good legs. Even if there should be larger fuels, the bank will easily deal with them,” Heinrich Schaller emphasized on Friday when the general director of the Raiffeisenlandebank Upper Austria presented the figures for 2024. The manager found clear words about Donald Trump’s Regular Planning, the urgent need for action by the EU and the new bank in Austria.
Customer deposits that have risen to 14.6 billion euros after taxes of 436.7 million euros, a group balance of 49.3 billion euros-this figures for the past year, Raiffeisenbank-Oberia presented general director Heinrich Schaler on Friday morning. On April 30, his time ends as head of the financial institution, on 1 May, successor Reinhard Schwendtbauer will take over. “I look forward to a few months in which I can travel and do what I like to do – then we will continue to see,” says Schaller about his future plans.
During the Balanspers conference at the head office of the upper Austria of Raiffeisenlandsebank, he was anything but the official sat and spoke on many subjects ordinary text. Schaller about …
- The trade war broken by the fence, which is fired by the customs plans of Donald Trump:
“We have seen the last few days and weeks that we are dealing with one person abroad who is absolutely unpredictable.
- Interest plans of the European Central Bank:
“I believe that the interest rates of the ECB will continue. The high rates can again control inflation again. If this happens, the central banks will make it extremely difficult to further reduce interest rates.
- The comeback of the living loans Private:
“The real estate loans have increased in relation to the new degrees and the loan volume, but the basis where you are very low. We see more and more interest, but the degrees are still leaving something to be desired. In some cases, people can’t afford it, whether they are waiting for interest in reducing.”
- The increase in banking by the new federal government:
“We do not understand this measure at all, it is not understandable and harms the economy. The money flows into a budget jar and nobody knows what is happening with it. ”
- The increasing number of bankruptcies:
“The bankruptcy roles and I fear because of the general economic situation that the number of bankruptcies will increase. We banks are also needed again. We try to find solutions with our business customers. But you have to dive through difficult times. But you have to know on time.
- The burden of bureaucracy:
“There are many subjects, especially at the EU level that belong to adapted. Especially in the sustainability area, there was an announcement to slim the rules by 25 percent. Now this means again: we will not be able to do it as quickly. If the EU continues, Europe is economically on the wall-that must be in all hard cuts, in every area when it comes for the regulation.”
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
