Moody´s Lowers Outlook of RBI

Businessn.a. ♦ Published: July 20, 2013; 15:50 ♦ (Vindobona)

The outlook for Austrian Raiffeisen Bank International, the second-biggest lender in the CESEE region, was downgraded to “negative”.

Moody´s Lowers Outlook of RBI / Picture: © Raiffeisen Bank International AG / S. Klimpt

The U.S. rating agency stresses that RBI´s equity base is insufficient. Moreover, the high exposure in the CESEE region is seen critically. However, the strong position in the CESEE region and the solid earning situation are RBI´s main strengths, the analysts of Moody´s say.

According to market rumors, RBI ´s capital requirement reaches up to € 5.0bn. At the moment, the…