Arab Partner for RBI?

Businessn.a. ♦ 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 AG / S. Klimpt

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…