RBI: Fresh Money for Slovenian Subsidiary

Businessn.a. ♦ Published: November 21, 2013; 07:55 ♦ (Vindobona)

Raiffeisen Bank International, the third biggest lender in CESEE, injects € 10m into the Slovenian subsidiary.

RBI: Fresh Money for Slovenian Subsidiary / Picture: © Raiffeisen Bank International AG / S. Klimpt

The capital injection has to be made because of the losses made in the last years. In the first half of 2013, RBI´s net income came at -€ 11m. In 2012, the net income reached -€ 25m. At the annual general meeting on December 23rd, the capital injection will be officially approved.

According to RBI´s CEO Karl Sevelda, RBI considers withdrawing from Slovenia. As…

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