Austria: RZB’s Share in RBI Drops Dramatically

Politics ♦ Published: January 28, 2014; 12:08 ♦ (Vindobona)

The share of Raiffeisen Zentralbank (RZB) in its affiliate Raiffeisen Bank International (RBI) drops dramatically after the capital increase.

Austria: RZB’s Share in RBI Drops Dramatically / Picture: © Raiffeisen Bank International / K. Keinrath

After the first tranche of the capital increase in RBI RZB’s share dropes from almost 79 percent to 64 percent, as published by RBI today. RZB announced participating in a Pre-Placement. However, the bank will not accept the offer for existing shareholders of RBI.

By the capital increase RBI is preparing for the more stringent regulations of the supervision authorities. With…

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Banking Industry, RZB Raiffeisen Zentralbank, RBI Raiffeisen Bank International, Capital Increase, Monetary Policy, Equity Markets
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