Hypo Alpe Adria bank to pour capital in the Balkans

Austrian Hypo Alpe Adria bank will most likely have to pour capital to its sister companies in the Balkans which it must sell by mid 2015 latest.

The network of the banks in the Balkans which should be sold is the core of Hypo which, due to crisis, had to be taken over by the Austrian state.

Unnamed sources, as APA agency report, claim that Hypo in Serbia, due to losses for loans, will need additional capital from the headquarters.

Also, as the agency adds, the Slovenian bank will need it as well.

Whether and how many units in Hypoat the Balkans will be supported in the current year remains an open question.

To facilitate sales in demanding environment, according to an unnamed, insider's information, it is necessary to decrease any risk which means regulating of the bank value.

Investors are interested only for companies without old debts and negotiations are expected in the fall.

The interested buyers can submit offers for separate units and some sister companies although at the solution in a package.

Austrian Erste Group shows an interest in its sister company Hypo in Serbia.