RBI: „There Is No Reason to Write Off“

Businessn.a. ♦ Published: October 10, 2011; 18:24 ♦ (Vindobona)

After Erste Group has published its highly negative forecast for 2011, Raiffeisen Bank International came under pressure. RBI underlines that its risk is not comparable to that of Erste Group.

RBI: „There Is No Reason to Write Off“ / Picture: © Raiffeisen Bank International AG / S. Klimpt

Today, RBI had to face a drastic decrease of its share price again. The profit warning of Erste Group induced investors to analyze RBI´s risk exposure more thoroughly.

The sharp decrease in stock prices is only “prophylactic” for RBI. There is no “reason for a write-off like Erste Group “. RBI´s exposure is “less risky and much lower than that of Erste Group.”…