RZB Capital Increase Completed

People ♦ Published: May 23, 2012; 13:11 ♦ (Vindobona)

Raiffeisen Zentralbank´s shareholders subscribe core tier 1capital in the amount of roughly € 852m. The EBA capital requirements is already exceeded as a result.

RZB Capital Increase Completed / Picture: © Raiffeisen Bank International

The subscription period for the latest capital increase of Raiffeisen Zentralbank Österreich AG (RZB) ended yesterday. As expected, the shareholders provided RZB with € 852m in core Tier 1 capital. The new ordinary shares were subscribed at a price of € 1,270 per share. In response, RZB’s Annual General Meeting, which convened today, decided to withdraw the participation capital…