RBI Strengthens Commitment to CEE Region

Professional ServicesBanks ♦ Published: April 2, 2012; 16:17 ♦ (Vindobona)

Austrian Raiffeisen Bank International underlines its function as major lender in Central and Eastern Europe. Hungary is still the most uncertain market.

RBI Strengthens Commitment to CEE Region / Picture: © Raiffeisen Bank International AG / S. Klimpt

Raiffeisen Bank International held an analyst / investor meeting following the publication of its 2011 Annual Report. ING analyst Tim Crowley comments on the following topics:

"Hungary appears to be the main source of the uncertainty surrounding the ‘turning point’ for NPLs, which management had previously hoped would have peaked in 3Q11/4Q11.

The strategy on…