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Banking Policy
Raiffeisen Bank International: Consolidated Profit Excluding Belarus, Russia at 856 Million Euros
Raiffeisen Bank International AG (RBI) is successfully continuing its strategy of reducing risks in challenging markets and was able to present a solid performance for the first nine months of this year despite the withdrawal from Russia and Belarus. Adjusted consolidated profit, which was calculated without contributions from these two countries, amounted to EUR 856 million. RBI thus remains stable, while at the same time implementing its withdrawal plan from the Russian business.
October 29, 2024
RBI in a Balancing Act Between Sanction Risks and Solid Management
Raiffeisen Bank International (RBI) is currently caught between geopolitical tensions and its own business progress. Recent developments have led the bank to take cautious steps to avoid sanction risks on the one hand and to present its robust quarterly results on the other, which show that the bank remains strong even without the income from Russia and Belarus.
May 2, 2024
Austrian Banking Sector Focuses on Sustainability: OeKB > ESG Data Hub Established
In a remarkable step towards promoting sustainability in the financial sector, Oesterreichische Kontrollbank (OeKB) has successfully introduced the OeKB > ESG Data Hub. Around 80% of the domestic banking sector, including well-known institutions such as UniCredit Bank Austria, Raiffeisen-Sektor, Erste Bank, and Sparkassen as well as Oberbank, already use this central online platform.
January 11, 2024
Austria: Compulsory Levy on Assets Simply “Out of Question“
Top bankers and economists in Austria consider the compulsory levy of ten percent on household assets “out of question” and “ludicrous”.
November 5, 2013
Poland Intends to Keep Banking Sector Small
The Polish financial regulator intends to keep the frequency of bank shops low and avoid risks and bailout by this.
October 23, 2013
Mersch: Banking Supervisory Could Be Delayed
At the Forum Alpbach Yves Mersch, member of the ECB’s (European Central Bank) executive board, presented himself sceptical about whether or not a punktual start of a uniform European banking supervision could take place.
August 29, 2013
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