Fitch: Positive Comment on Raiffeisen Bank International

Businessn.a. ♦ Published: January 11, 2014; 18:49 ♦ (Vindobona)

According to the U.S. rating agency, the planned capital increase is evaluated positively. In certain CESEE market, RBI´s operations will remain challenging, Fitch said.

Fitch: Positive Comment on Raiffeisen Bank International / Picture: © Fitch

This week, Austrian Raiffeisen Zentralbank (RZB), core shareholder of Raiffeisen Bank International (RBI) announced a capital increase.  In total, the capital increase may range between € 2.25bn and € 2.5bn.

First, RBI has to repay the state-held participation capital. In the next six months. In 2010, RBI has received a total of € 2.5bn…