Article Tools

Arab Partner for RBI?

Published: August 5, 2013; 19:48 · (Vindobona)

Karl Sevelda, CEO of Raiffeisen Bank International, indicated that an Arab investor may become a shareholder.

Arab Partner for RBI? / Picture: © Raiffeisen Bank International

The Raiffeisen sector (whose top banks are RBI and its holding company RZB) needs to improve its equity. Compared to its competitors Erste Group and Bank Austria, RZB/RBI have to improve its equity base most. The equity base is significantly below the industry average. RBI only has a limited capacity to increase capital through new shares as RBI´s core shareholder RZB…

This article includes a total of 367 words.

or Log In

Fast News Search