Franz Wuerth, Raiffeisen Bank’s speaker, confirmed to the newspaper 20Minuten that the bank will miss the deadline for Category 2 Banks fixed on December 9, 2013. The bank will not come to a decision before the board meeting due on December 13, 2013. However, they will come to a decision before the crucial deadline on December 31, 2013.

Tobias Fux, speaker of the FINMA, declined to comment on a single case and stressed out that each bank responsible for their decision to take part or not in the US Program.