RBI: Sale of Raiffeisen Bank Aval Not Fixed

Professional ServicesBanks ♦ Published: November 18, 2013; 16:20 ♦ (Vindobona)

In light of current media reports Raiffeisen Bank International AG (RBI) is clarifying its position in relation to coverage about its intention to sell certain operations.

RBI: Sale of Raiffeisen Bank Aval Not Fixed / Picture: © Raiffeisen Bank International AG / S. Klimpt

At this point in time there is no intention to sell the Ukrainian Raiffeisen Bank Aval and consequently there is no corresponding resolution. It is however accurate that various parties with interest in purchasing Raiffeisen Bank Aval have approached RBI. As RBI is continuously reviewing the environment, dialogues have been entered into with these parties, in order for the offers to be…