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Raiffeisen Bank International Moves Up a Gear

Published: January 14, 2014; 22:01 · (Vindobona)

The second-largest lender in CESEE is in a hurry. According to the news provider Bloomberg, the capital increase may take place in the next few weeks.

Raiffeisen Bank International Moves Up a Gear / Picture: © Raiffeisen Bank International AG / S. Klimpt

Last week, RBI´s core shareholder RZB (Raiffeisen Zentralbank) announced to raise RBI´s capital in the amount of € 2.5bn. Initially, RZB announced that the capital increase will be carried out in the first half of 2014.

Now, RBI is said to place the new shares until the beginning of February. According to analysts, the timeframe is rather ambitious. This was reported by…

This article includes a total of 551 words.

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