Raiffeisen: „Do Not Need State Capital“
Published: November 1, 2011; 11:34 · (Vindobona)
Walter Rothensteiner, CEO of the Austrian RZB, intends not to sell shares in order to raise the equity base.
Raiffeisen: „Do Not Need State Capital“ / Picture: © Raiffeisen Zentralbank Österreich AG / Peter Rigaud
Until June 2012, European banks need a core capital quota of 9.0%. RZB (Raiffeisen Zentralbank) and RBI (Raiffeisen Bank International) will present a concept before Christmas 2011.
The European Bank Authority (EBA) calculated that the three systemic Austrian banks, need € 2.9bn of further equity. For EBA, core capital consists of shares, retained profits and participation…
Fast News Search