Austrian RBI Under Pressure

Published: April 2, 2014; 08:09 · (Vindobona)

The Austrian National Bank (OeNB) and the Austrian Financial Market Authority (FMA) want Raiffeisen Bank International, the second-biggest lender in CESEE, not to repay the participation capital.

RBI Under Pressure / Picture: © Raiffeisen Bank International / K. Keinrath

In February, RBI carried out its largest capital increase in its history. In order to repay the participation capital to public and private investors, the second-largest lender in CESEE has issued shares worth € 2.78bn. Because of the high interest expenses, RBI´s management wanted to repay the participation capital amounting to € 2.25bn.

However, the…

This article includes a total of 218 words.

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