Article Tools

Sevelda: Not the Right Time for Capital Increase

Published: October 4, 2013; 15:55 · (Vindobona)

In an interview with Financial Times (FT) Karl Sevelda, CEO of RBI, states that a capital increase would be difficult at the moment due to an unfavorable economic environment.

Sevelda: Not the Right Time for Capital Increase / Picture: © Raiffeisen Bank International AG / Press Photo

According to Sevelda, profitability could be increased by saving of costs or the selling of assets. Moreover, the issuance of new shares would be an option to cover the inceased capital requirements.

Reports by the Austrian Press Agency (APA) state that Raiffeisen Bank International meets the existing requirements. Because of the eligibility of public participation capital until…

This article includes a total of 194 words.

or Log In

Fast News Search