Polish Financial Market Authority Claims RBI´s Quotation

Business › n.a. ♦ Published: December 3, 2011; 16:21 ♦ (Vindobona)

The Vice-President of the Polish financial market authority, Wojciech Kwasniak, asks the Austrian Raiffeisen Bank International to quote in Warsaw, besides the listing in Vienna.

Polish Financial Market Authority Claims RBI´s Quotation / Picture: © Vindobona.org

After RBI has acquired a 70% stake in the Polish private bank Polbank, RBI is now the sixth largest operator in the Polish banking industry. The purchase price was € 490m. RBI Poland´s total assets amount to € 12.07bn. A merger between Polbank and RBI did not take place yet. Until now, the banks did not pursue the same strategy. RBI´s loans are entirely covered by deposits,…

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