RBI: Acquisition of Polbank Stake Advancing

Professional Services › Banks ♦ Published: June 30, 2011; 14:26 ♦ (Vindobona)

The Austrian bank has received anti-trust approval of the deal. Closing and operational merger are expected in Q4/2011 or Q1/2012.

RBI: Acquisition of Polbank Stake Advancing / Picture: © Raiffeisen Bank International AG / S. Klimpt

The European Commission announced on June 30 that it has cleared the proposed merger of the respective Polish bank subsidiaries of Raiffeisen Bank International AG (RBI) and EFG Eurobank Ergasias S.A. under the EU Merger Regulation. The European Commission determined that the merger of Raiffeisen Bank Polska S.A (RBPL) and Polbank EFG does not raise any competition concerns in the…

or Log In

Fast News Search
Related News
Raiffeisen Expanding Its M&A Business in Russia (June 16, 2011)
RBI Could Raise More Than € 3bn (June 8, 2011)
Raiffeisen Not Interested in Hypo (June 6, 2011)
Sberbank Targeting RBI (May 30, 2011)
Raiffeisen International Bank Intends to Get Further Involved in Poland (May 9, 2011)
Raiffeisen Bank International Acquires 70% of Polbank (February 3, 2011)
Read More
M & A, Poland, Polbank, Raiffeisen, RBI Raiffeisen Bank International, Banking Industry, CEE Central Eastern Europe, Expansion
Featured
See latest Vindobona Newsletter