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22.03.2017
In 2016, OeEB consistently implemented its strategic focus on energy as well as small and medium-sized enterprises (SME). Around 80% of the financings provided by OeEB in 2016 were dedicated to projects in these sectors.
At year-end 2016, OeEB's total portfolio amounted to EUR 1.04 billion. In 2016, OeEB signed credit agreements for a total value of EUR 175.3 million. Equity participations in the name of the Republic of Austria amounted to EUR 17.5 million. A further EUR 1.1 million was provided by the department "Advisory Programmes", funded by the Austrian Ministry of Finance, for accompanying measures which strengthen the development impact of these projects.
OeEB's balance sheet total reached EUR 806.2 million, up on EUR 665.6 million at year-end 2015. Net profit for the year increased from EUR 6.1 million in 2015 to EUR 8.0 million in 2016, while the operating result increased to EUR 10.1 million in 2016 over EUR 8.0 million in 2015.