Raiffeisen Bank International Negotiates with Alfa Bank

Businessn.a. ♦ Published: November 30, 2013; 18:18 ♦ (Vindobona)

Vienna-listed RBI wants to leave Ukraine. RBI´s subsidiary Bank Aval may be sold to Alfa Bank.

Raiffeisen Bank International Negotiates with Alfa Bank / Picture: © Raiffeisen Bank International AG / S. Klimpt

According to a spokesperson at RBI, there are already several offers for Bank Aval. However, RBI negotiates exclusively with Alfa Bank. Alfa Bank is partly owned by the Russian oligarch Michail Fridman. This was reported by the Austrian newspaper “Standard”.

Two weeks ago, RBI announced to withdraw from the Ukrainian banking market. In Ukraine, RBI employs about 13,500…