Article Tools

Raiffeisen’s Capital Shortfall Grows to € 2.5bn

Published: November 18, 2011; 13:14 · (Vindobona)

The Austrian bank said it would not require state support to ensure compliance with the new requirements set by the European Banking Authority.

Raiffeisen’s Capital Shortfall Grows to € 2.5bn / Picture: © Raiffeisen Bank International

The Raiffeisen Zentralbank (RZB) Group's business volume continued to grow during the third quarter of 2011. As RZB CEO Walter Rothensteiner has already announced during the past few weeks, the increased business volume has an impact on the capital requirement based on the new guidelines of the European Banking Authority (EBA). This EBA shortfall is likely to rise by € 600m to around…

This article includes a total of 306 words.

or Log In

Fast News Search
Related News
Capital Needs of Austrian Banks Total € 4bn (November 3, 2011)
No Nationalization of Austrian Banks (November 2, 2011)
Raiffeisen: „Do Not Need State Capital“ (November 1, 2011)
Reactions of Austrian Banks to Capital Buffer Requirements (October 27, 2011)
S&P: „Austrian Banks Undercapitalized“ (September 19, 2011)
RZB Reports Significant Increase in Profit (August 30, 2011)
Read More
Banking Industry, RZB Raiffeisen Zentralbank, RBI Raiffeisen Bank International, EBA European Banking Authority, Walter Rothensteiner, Equity Markets, Funding
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter