VIENNA, March 11 A complete writedown of
goodwill on equity investments pushed UniCredit's
central and eastern European (CEE) arm Bank Austria to a 2013
loss of 1.6 billion euros ($2.2 billion).
Bank Austria also reclassified its Ukrainian banking unit as
held for sale, it said on Tuesday, but added it remained
committed to the CEE region, which it called an important driver
of growth and profits.
Net writedowns for loans and provisions rose to 1.44 billion
euros amid what the bank called a more cautious assessment of
future developments in CEE.
($1 = 0.7205 Euros)
(Reporting by Georgina Prodhan)