The owner of the Hypo Group, The Republic of Austria recapitalised the Hypo Alpe-Adria-Bank d.d. based in Mostar with an additional 55 million KM.

Payment of the second tranche arrived on November 11, 2010 while the recapitalization means high security and stability for both the Hypo Alpe-Adria-Bank d.d. and the Hypo Group in Bosnia, it was said in the bank's statement.

Bosnia and Herzegovina is key market to the Hypo Group and this increase of reserves further strengthens the position of the Group in the country and contributes to better coping with market challenges.

Hypo Alpe Adria Bank dd Mostar and Hypo Alpe Adria Bank ad Banja Luka are quality counterparts of the Austrian economy.

"Bosnian Hypo Alpe-Adria-Bank this year, thanks to measures taken within the Group as a whole, the quality control and the wholehearted commitment of all our employees, has managed to consolidate its position as one of the strongest banks, in face of economic difficulties. We use the resources, knowledge and experience of over 1100 employees in our Group in Bosnia, while the most important indicator of bank's quality and stability , is the trust of our clients, "said Michael Vogt, director of Hypo-Alpe-Adria-Bank dd.