Raiffeisen Bank International to Raise Capital

Businessn.a. ♦ Published: January 8, 2014; 21:48 ♦ (Vindobona)

Austrian RBI will increase capital be € 2.25bn in summer 2014. This step was already long-awaited. The shareholder structure will change substantially.

Raiffeisen Bank International to Raise Capital / Picture: © Raiffeisen Bank International AG / S. Klimpt

Today, RBI´s major shareholder RZB (Raiffeisen Zentralbank) announced that there are advanced considerations to increase RBI´s capital. Although a capital increase was considered as inevitable, the timing of the announcement was rather surprising. In total, the capital increase may range between € 2.25bn and € 2.5bn.

By means of the capital…