RBI: Capital Increase Because of Unsuccessful Partner Search

Businessn.a. ♦ Published: January 10, 2014; 22:46 ♦ (Vindobona)

For Raiffeisen Bank International, the capital increase is nothing else but an emergency solution. The main loser is RBI´s core shareholder, the Austrian Raiffeisen Zentralbank.

RBI: Capital Increase Because of Unsuccessful Partner Search / Picture: © Raiffeisen Bank International AG / S. Klimpt

This week, Austrian Raiffeisen Zentralbank (RZB), core shareholder of Raiffeisen Bank International (RBI) announced a capital increase.  In total, the capital increase may range between € 2.25bn and € 2.5bn.

In summer 2007, RBI´s share price was about € 105. Within six years, RBI´s share price fell to approximately 20% of its top level.…