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RBI Trying to Avoid Becoming “Cash Cow“ in Hungary
Politics ♦
Published: July 29, 2013; 18:47 ♦ (Vindobona)
In an interview with “Wirtschaftsblatt“, CEO of RBI Karl Sevelda talks about further burdens in Hungary and the bank’s reaction to them, capital increase and how participation capital can be replaced.
RBI Trying to Avoid Becoming “Cash Cow“ in Hungary / Picture: © Raiffeisen Bank International AG / Press Photo
Recently there has been confusion about whether or not RBI (Raiffeisen Bank International) was looking for a partner. CEO of RBI Sevelda points out the possibilities of raising capital: Apart from a capital increase there is the inclusion of a partner like a Middle East-Wealth Fund. RBI is still thinking about a financial investor. However, Sevelda emphasized that the bank was not…
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