Austria: RZB About to Take Over Assets of VBAG?

Business › n.a. ♦ Published: March 8, 2013; 09:41 ♦ (Vindobona)

The possible takeover by RZB is still kept in the dark. RBI, however, might absorb Citibank Romania.

Austria: RZB About to Take Over Assets of VBAG? / Picture: © Raiffeisen Bank International AG / S. Klimpt

The Austrian Raiffeisen Zentralbank (RZB) is about to fulfill its obligations, which have been outstanding for five months, to the partly nationalized Volksbanken AG (VBAG). Raiffeisen has been interested in taking over Volksbanken Leasing International (VBLI) which is owned by the VBAG by 50 percent. The rest is held indirectly by the german DZ-Bank. VBLI is active in ten CESEE…

or Log In

Fast News Search
Related News
Rothensteiner: „Bank Taxes Cause a Cut in Lending” (February 5, 2013)
VBAG: Raiffeisen Tries to Justify Breach of Contract (January 16, 2013)
RZB: „Hypo Group Is No Issue“ (December 21, 2012)
RZB´s Rothensteiner: „Not Interested in VBAG“ (April 28, 2012)
RBI: Takeover of Polbank Approved (April 18, 2012)
Read More
CESEE, RBI Raiffeisen Bank International, Romania, DZ Bank, RZB Raiffeisen Zentralbank, VBAG
Featured
See latest Vindobona Newsletter