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RBI: Rothensteiner Opposed Payout Block

Published: October 31, 2013; 18:57 · (Vindobona)

The head of the Raiffeisen Centrobank and Chairman of RBI’s (Raiffeisen Bank International) supvervisory board Walter Rothensteiner is critical of a capital increase by a payout block.

RBI: Rothensteiner Opposed Payout Block / Picture: © Raiffeisen Zentralbank Österreich AG / Peter Rigaud

Rothensteiner considers a capital increase by keeping dividends critical. Incase a bank wanted to replace a capital increase by a payout block “it would have to stop paying dividends for ten years but by then nobody will give anymore capital,” Rothensteiner announced on Thursday.

Recently the total payout at listed RBI came at around € 180m. Rothensteiner regards dividend…

This article includes a total of 253 words.

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