Following the ultimate official request for a capital injection, changes were made to the Supervisory Board
For the Vienna autobank, which is in a difficult crisis, things are getting tighter. After two investors jumped out a few weeks ago, the Financial Market Authority (FMA) recently finally demanded that fresh capital in the double-digit million range be raised or injected.
Otherwise there was a risk of self-processing including loss of license. There is time until May for the first tranche. On the penultimate day of the current year there was a new decision, it concerns the supervisory board.
As the Autobank announced on Wednesday evening, it received a decision from the financial market supervisory authority on the same date, in which it was instructed to cause Eduard to leave the Supervisory Board of Autobank AG within eight weeks at the latest.
The Autobank Aktiengesellschaft announced in the evening that it would examine the decision. However, it was pointed out that on December 18, 2020, there was a change in the chairmanship of the supervisory board and that Frank Nörenberg had been elected chairman of the supervisory board instead of untimely.
What did not emerge from the Autobank notification: The FMA has not been reported to the FMA until today, Wednesday, that it has already been canceled. The financial institution should have done that, the authorities said in the evening for the APA. Therefore one was obliged to act as if he were still in office. Eduard Unzeit – he has been in office since 2008 – is also listed as Chairman of the Supervisory Board on the bank's website.
