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Austria: Properties Worth € 10bn Inherited Every Year
According to Raiffeisen Bausparkasse, Austria faces a boom in real estate inheritances.
November 7, 2012
Romanian Economy to Shrink Further
With a large negative contribution expected to come from agriculture, real GDP should decline again in Q3 in quarterly terms (as well in annual terms). The contraction is likely to be larger than initially expected, Raiffeisen Zentralbank forecasts.
October 30, 2012
RBI: We Will Not Leave Hungary
Herbert Stepic, CEO of Austrian RBI (Raiffeisen Bank International) is highly dissatisfied with Hungary´s decision not to reduce bank taxes. However, RBI will stay, he says.
October 18, 2012 · Updated: October 18, 2012; 17:08
RBI Cuts Slovenian Subsidiary Radically
The Austrian Raiffeisen Bank International plans to lay off the half of its workforce in Slovania.
October 16, 2012
Stepic: “Must Reduce Lending in CESEE”
The CEO of Austrian RBI (Raiffeisen Bank International) Herbert Stepic explains that new lending in Eastern Europe must be reduced substantially.
October 11, 2012
Austrian Banks Meet Substantially Increased Capital Requirements
EBA exercise to strengthen capital positions of large European banks concluded: Erste Group Bank AG and Raiffeisen Zentralbank AG meet the increased Capital Requirements, Austrian National Bank announces.
October 3, 2012
Raiffeisen Brand to be Introduced in Slovakia
The Austrian bank will open its first branches in November.
October 2, 2012
RBI: Poland Shows Stability
In Poland, Raiffeisen Bank International´s NPL ratio comes at 8%. By contrast, Ukraine and Poland are much more problematic.
October 1, 2012
Raiffeisen: CEE Network to be Closed
Austrian RBI (Raiffeisen Bank International) announces that the expansion in Central and Eastern Europe will be concluded soon.
October 1, 2012
Serbian Industrial Production Still Shrinks
According to Raiffeisen Research, the crisis in the industrial sector goes on. Real wages are shrinking.
September 27, 2012
Serbia: Exports Decline, Foreign Deficit Goes Up
According to RCB (Raiffeisen Centrobank), the draught in Serbia is likely to reduce the corn yield exports volumes. The trade deficit rose by 13.6% in June.
September 8, 2012
Serbia´s Current Account Deficit on the Rise
According to RCB (Raiffeisen Centrobank), the current account gap widened in June by 15.6% mom supported by remittances fall (-32.0% mom),
September 7, 2012
Romania Still Shows Weak Growth Rates
“We expect economic recovery to remain sluggish. Weak external demand suggests exports and industry would not offer support to GDP growth. “ RCB (Raiffeisen Centrobank) says.
August 31, 2012
RZB Posts Moderate Profit Increase
RZB´s (Raiffeisen Zentralbank) profit before tax rose 6.2 per cent to € 931m. Return on Equity increased mildly to 16.2 per cent (+0.4 percentage points)
August 29, 2012
RBI Improves Results
Raiffeisen Bank International's consolidated profit for the first half of 2012 rises by 13.9 per cent to € 701m. The net interest income was down by 3.6%. The second quarter´s results were down.
August 29, 2012
Polytec: Lower Revenues Anticipated
The Austrian automotive component supplier will present its half-year results next Wednesday. Erste Group and RCB (Raiffeisen Centrobank) expect lower earnings.
August 6, 2012
Dispute Over Bank Taxes
In Austria, only 82 of 787 banks have to pay bank taxes. Above all, the Raiffeisen sector and the Volksbanken sector are excluded.
August 2, 2012
RBI: Bad Development in Hungary
Herbert Stepic, CEO of Raiffeisen Bank International expects that the development of non-performing loans is stable this year.
July 21, 2012
Austerity Program at RBI
Raiffeisen Bank International´s CEO Herbert Stepic is against a capital increase. The market conditions would be unfavorable.
July 20, 2012
AT&S: Mixed Results Expected
Next week, the Austrian producer of semiconductors will publish its first quarter results. Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect a rise in net income and revenues.
July 20, 2012
Slight Growth in Ukrainian Financial Industry, Uncertainty Remains
According to Austrian RCB (Raiffeisen Centrobank), the lending activity remains subdued amid looming economic uncertainty. Deposit growth resumed in June both in corporate and retail segments.
July 19, 2012
Euromoney Awards RBI as Best Regional Bank in CEE
Austrian Raiffeisen Bank International (RBI) receives award for the seventh time. For RBI, it is already the third award for RBI as "Best Bank" in CEE in 2012.
July 6, 2012
Stable Corporate Lending at RBI
Raiffeisen Bank International : „No bottleneck supplying the domestic economy with liquidity.“
June 27, 2012
CESEE: „Nothing Has Changed“
Walter Rothensteiner, CEO of Austrian Raiffeisen Zentralbank, is convinced of the success of the expansion into the CESEE region.
June 26, 2012
Rothensteiner Succeeds Konrad
Walter Rothensteiner becomes general attorney of the Austrian Raiffeisen sector. Christian Konrad resigned.
June 25, 2012
Leipnik-Lundenburger May Go Public
The new CEO of Raiffeisen Holding Erwin Hameseder considers privatizing the food company. There would be other privatization candidates in the renewable energy sector.
June 22, 2012
New Supervisory Board at RBI
Raiffeisen Bank International's Annual General Meeting approves unchanged dividend of €1.05 per share. Heinrich Schaller and Günther Reibersdorfer were elected to the Supervisory Board.
June 20, 2012
RZB Wants to Keep Austrian Deposit Protection
Raiffeisen Zentralbank´s CEO Walter Rothensteiner is skeptical of the European deposit protection proposal.
June 15, 2012
Raiffeisen Sector Won Market Shares Last Year
The Austrian Raiffeisen banking group could increase ist market share in lending and deposits.
June 14, 2012
Austrian Banks Cut Exposure in Spain
Erste Group, Raiffeisen Bank International (RBI) and KA Finanz have the highest exposure among Austrian banks.
June 11, 2012
CEE Banking Sector „Performs Well“
The Austrian Raiffeisen Centrobank sees high-growth potential in the CESEE region. Loan growth is at „healthy levels“, there are „no signs of a credit crunch“.
June 6, 2012
Downgrade for Austrian Banks
The U.S. rating agency Moody´s downgrades Erste Group, Raiffeisen Bank International and Bank Austria.
June 6, 2012
Conwert: Decline in Earnings Expected
Analysts of Erste Group and RCB (Raiffeisen Centrobank) predice a decrease in net income and rental income at the Austrian real estate company.
May 26, 2012
Raiffeisen Bank International Doubled Net Income
In the first quarter of 2012, RBI´s net interest income was stable at € 875m (down 1.0% y-o-y), the operating income decreased slightly to € 1,295m (down 3.4% y-o-y). RBI´s Core Tier 1 ratio was up to 10.2%.
May 24, 2012
RZB Capital Increase Completed
Raiffeisen Zentralbank´s shareholders subscribe core tier 1capital in the amount of roughly € 852m. The EBA capital requirements is already exceeded as a result.
May 23, 2012
Rothensteiner: Return to Drachma would be „Utter Chaos“
The CEO of the Austrian RZB (Raiffeisen Zentralbank) warns of a Greek exit. At the moment, there would be not contagiousness for Spain or Italy.
May 21, 2012
RBI: Rise in Earnings Predicted
The Austrian Raiffeisen Bank International will report its first quarter results on May 24. A 94% increase in earnings is expected.
May 18, 2012
Record Results at RWA
Raiffeisen Ware Austria achieved an increase in revenues of 26%. EBIT rose by 23.3%.
May 16, 2012
Raiffeisen Plans Capital Increase
The Austrian regional bank RLB Lower Austria – Vienna increases its capital base by € 500m, the chairman Erwin Hameseder says.
May 14, 2012
Raiffeisen Against Bank Insolvency Act
The Austrian government announced to introduce a bank insolvency act in summer. Raiffeisen wants a European solution.
May 9, 2012
Lenzing´s Earnings May Fall Considerably
Analysts of Erste Group and RCB (Raiffeisen Centrobank) expect the Austrian fiber producer to record a substantial cut in operating profits.
May 8, 2012
Again Losses at Wienerberger
Analysts of Erste Group, RCB (Raiffeisen Centrobank) and UBS expect the Austrian brick manufacturer to widen losses.
May 8, 2012
RBI´s Hauptmann Enters ICC
Raiffeisen Bank International´s Andrea Hauptmann appointed new chairwoman of the International Chamber of Commerce Task Force.
May 5, 2012
Raiffeisen Bank International Closes Acquisition of Polbank
The Provisional purchase price is € 460m in cash for a 70 per cent stake in the Polish private bank. RBI becomes number 6 in the Polish banking market.
April 30, 2012
RZB´s Rothensteiner: „Not Interested in VBAG“
Walter Rothensteiner, CEO of Raiffeisen Zentralbank (RZB), does not see a suitable takeover target in the partly nationalized VBAG.
April 28, 2012
Drastic Profit Decrease at Raiffeisen´s Interests
In 2011, profits of interests held by RLB Lower Austria – Vienna Holding went down by 59%. CEO Hameseder is “not satisfied at all”.
April 27, 2012
RZB to Increase Capital
In order to cover its capital shortfall, RZB (Raiffeisen Zentralbank plans a capital increase of € 840m. Participation capital will turn into core Tier 1 capital as per EBA definition.
April 20, 2012
RBI: Takeover of Polbank Approved
The Polish Competition Authority allowed Austrian RBI (Raiffeisen Bank International) to purchase Polbank. Conversely, RBI has to list as Warsaw Stock Exchange.
April 18, 2012
Raiffeisen Fixes Change in Leadership
The supervisory board of Raiffeisenlandesbank Lower Austria - Vienna approves the changes in leadership. Hameseder succeeds Konrad.
April 11, 2012
Raiffeisen: Downsizing in Hungary Completed
The Hungarian subsidiary of the Austrian lender Raiffeisen Bank International has no plans for further business downsizing.
April 5, 2012
