Austria: Delay in RBI Paying Back State Capital

People ♦ Published: March 15, 2014; 14:05 ♦ (Vindobona)

Austrian Raiffeisen Bank International (RBI) will take longer than planned to pay back state capital.

Rumors were confirmed about RBI's delayed repayment of state capital. / Picture: © Raiffeisen Bank International AG / S. Klimpt

As reported by Austrian daily “Presse”, the rumors about a later repayment of the state participation capital by RBI were confirmed. The supervision has not yet given green light for an early repayment in mid-March. The Austrian lender has earlier announced to completely pay back the state participation capital around March 15, 2014. However, the plans have now been thrown…

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