Raiffeisen to Strengthen Equity Base

Businessn.a. ♦ Published: December 28, 2011; 14:54 ♦ (Vindobona)

RZB shareholders' general meeting resolves the issuance of participation capital worth € 600m.

Raiffeisen to Strengthen Equity Base / Picture: © Raiffeisen Bank International AG / S. Klimpt

Raiffeisen Zentralbank Österreich AG (RZB) held an extraordinary shareholders' general meeting today. At the meeting, the decision was reached to issue participation capital amounting up to € 600m. The subscription period for this participation capital will end on 29.12.2011 at 5:00 p.m. (CET). The freshly-issued participation capital will be used in particular be used to purchase…