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Capital Increase at RBI Hungary
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Published: January 28, 2014; 16:55 ♦ (Vindobona)

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RBI (Raiffeisen Bank International) will make a capital injection of € 55m in its Hungarian affiliate

"Due to the current political and economic developments in Hungary, the group considers the risk that additional legislative measures, which adversely affect the banking sector as a whole and foreign banks in particular, are taken by the Hungarian government to be significant," RBI said in a press release. Hungary has been a challenging market environment for financial institutes both…
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