Sponsored
Page 2/9

Equity Markets

Capital Increase: Raiffeisen Bank International Has High Hopes

The second-largest lender in Central, Eastern and Southeastern Europe (CESEE) wants to raise funds of € 2.9bn. This is substantially more than initially scheduled.

January 21, 2014

Croatia: Hungarian OTP to Acquire Banco Popolare Croatia

OTP will, according to media reports, take over Banco Popolare Croatia which has a market share of only 0.56 percent.

January 21, 2014

S Immo Looking Forward to 2014

9.98% price performance and new projects in Berlin. Summary of 2013 and outlook for 2014

January 21, 2014

Austrian Banks to Resist Further Burdens?

Podium discussion at Viennese law firm Binder Grösswang.

January 20, 2014

WSE to Become Regional Leader?

The Warsaw Stock Exchange (WSE) hopes to take over a “dominant” role in trading in Central Europe, as announced by GPW, the bourse’s operator, on Thursday.

January 17, 2014

Immofinanz: Good Prospects for 2014

Immofinanz is one of the major real estate enterprises in both Austria and Europe.

January 16, 2014

Raiffeisen Bank International Moves Up a Gear

The second-largest lender in CESEE is in a hurry. According to the news provider Bloomberg, the capital increase may take place in the next few weeks.

January 14, 2014

CA Immo: Operating Performance above Expectations

CA Immo: Strong performance in 2013 boosts profitability and share price development.

January 14, 2014

Fitch: Positive Comment on Raiffeisen Bank International

According to the U.S. rating agency, the planned capital increase is evaluated positively. In certain CESEE market, RBI´s operations will remain challenging, Fitch said.

January 11, 2014

RBI: Capital Increase Because of Unsuccessful Partner Search

For Raiffeisen Bank International, the capital increase is nothing else but an emergency solution. The main loser is RBI´s core shareholder, the Austrian Raiffeisen Zentralbank.

January 10, 2014

RBI: Change in Shareholdings Expected

The announcement to increase capital by Raiffeisen Bank International (RBI) did not come as a surprise. However, experts and investors did not expect such a high volume (up to € 2.5bn) and fear a dilution in shareholdings.

January 10, 2014

Austria: VIG to Sell Stakes in Porr

Listed Vienna Insurance Grop (VIG) downsizes its stake in Austrian construction company Porr, which is also listed at the Vienna Stock Exchange.

January 9, 2014

Eurozone: Further Capital Injections at Banks Expected

The Council of the European Central Bank (ECB) is holding a summit today. The low inflation rate in the Eurozone is still a dilemma for the monetary authorities.

January 9, 2014

Raiffeisen Bank International to Raise Capital

Austrian RBI will increase capital be € 2.25bn in summer 2014. This step was already long-awaited. The shareholder structure will change substantially.

January 8, 2014

Orco Property Group: Cut in Number of Board Members

Shareholders of Luxembourger real estate company Orco Property Group voted to cut the number of board members from nine to five on Monday.

January 8, 2014

Hungary: SZKB to Take over Hungarian RBI?

Hungarian Economy Minister Mihaly Varga considers it unlikely for Szecheny Commercial Bank (SZKB) to take over the Hungarian affiliate of Raiffeisen Bank International (RBI).

January 8, 2014

European Union: Private Trading of Banks to be Restricted

The European Union intends to severly restrict risky private trading of banks.

January 7, 2014

Poland: WSE to Register More IPOs in 2014

Since further companies will start listing at the Warsaw Stock Exchange (WSE) in 2014 the Polish stock will become more attractive to investors.

January 2, 2014

Slovenia: EU Commission Approves Bank Aid

On Wednesday the European Commission has approved state aid for five Slovenian banks.

December 19, 2013

Austria: Major Banks Exhibit Significant Shortages in Core Capital Quota

Both Erste Group’s and RBI’s core capital quota is below the European average.

December 17, 2013

Erste Group to Reduce Goodwill

Erste Group reduces goodwill by about EUR 350 million.

December 17, 2013

Poland: PZU Places Binding Offer for Croatia Osiguranje

Polish insurance company PZU places a binding offer for Croatia Osiguranje (CO).

December 17, 2013

Croatia: Erste Offer Rejected

Austrian Erste Group intended to aquire Croatian HPB. However, the offer was rejected by the Finance Ministry as the purchase price was considered too low.

December 13, 2013

Hungary: Stable Outlook Yet Still Junk Status

In spite of Matolcsy, governor of the Hungarian National Bank (MNB), demanding a better rating for the country’s credibility, the major rating agencies have not raised them.

December 12, 2013

Serbia: NBS FX Reserves Amounted to More than € 10,362m at End-November

FX Reserves and IFEM movements in November.

December 12, 2013

Czech Republic: Banking Sector Proves Stable

According to the latest results of the bank stress test by the Czech National Bank (CNB), the domestic financial institutes remain resistant to a potential negative development.

December 12, 2013

OeNB Calls on Austrian Banks to Strengthen Their Capital Base Further

Presentation of the Financial Stability Report 26 of the Oesterreichische Nationalbank (OeNB).

December 11, 2013

Erste Group: Shareholder Structure Changes

The core shareholder of Erste Group continues to reduce its stake in the third-biggest Austrian banking group.

December 5, 2013

Slovenia: LJSE Suspended Trading Bank Shares

According to the Stock Exchange "not all conditions for a fair, orderly and efficient trading in the securities are satisfied."

December 3, 2013

Poland Looking for Investors for PHN

Polish real estate group PHN (Polski Holding Nieruchomości S.A.) is searching for an investor.

November 28, 2013

Immofinanz to Enlarge Buwog’s Portfolio

Austrian real estate company Immofinanz plans on acquiring a large portfolio in Germany. The purchase price of around € 900m is supposed to be raised by the company itself.

November 26, 2013

Hypo Investigations Could Last Several More Years

Yesterday the first court proceeding at the Regional Higher Court in Munich started. Investigations in Austria will take up to four years.

November 26, 2013

Albania: Governor Calls For Measures for Balanced Financial System

Financial institutes in Albania are struggling with a weak demand in credits as the country has been affected by the economic and financial crisis.

November 20, 2013

Hypo Group: Investors Claim Refunds

A group of aggrieved investors in Hypo Group Alpe Adria files claims for damages. These so-called small investors provided amounts from € 30,000 to € 300,000 and feel disadvantaged compared to bigger investors.

November 20, 2013

PKO to Take over Nordea Bank Polska

The biggest Polish Bank PKO Bank Polski will submit an offer to the minority shareholder of Nordea Bank Polska

November 19, 2013

Capital Shortfall at European Banks

According to Boston Consulting Group, European Banks still have much work to do.

November 19, 2013

OECD: Restructuring of Banks Required

The Organization for Economic Cooperation and Development (OECD) calls for a fast progress in the establishing of a banking union in the Eurozone and restructuring of the banking sector to boost economic growth.

November 19, 2013

Austria: Bad Bank For Hypo As Good As Guaranteed.

Chancellor Faymann and Deputy Chancellor Spindelegger are in favor of creating a bad bank for Hypo Group.

November 14, 2013

Austria: Bawag to Pay Off Further State Capital

Today CEO Byron Haynes announced that Bawag will pay back a further tranche of the bank state aid injected in 2009.

November 13, 2013

Western Balkans Struggling with NPL

The high percentage of non-performing loans in the Western Balkan region is affecting the financial stability of the region’s countries.

November 11, 2013

Buwog to Expand Massively in Germany

Buwog, wholly-owned subsidiary of Vienna-listed Immofinanz, prepares the acquisition of a large real estate portfolio in Germany.

November 7, 2013

Bulgaria: Banks Have More Assets at Disposal

With more money available, banks in Bulgaria are now able to grant more loans.

November 6, 2013

RBI: Rothensteiner Opposed Payout Block

The head of the Raiffeisen Centrobank and Chairman of RBI’s (Raiffeisen Bank International) supvervisory board Walter Rothensteiner is critical of a capital increase by a payout block.

October 31, 2013

Czech Republic: Stock Exchange Reacts to Election Results

After the general elections the Prague Stock Exchange (BCPP) grew significantly since corporate taxes, as threatened by the policymakers, will not be introduced.

October 30, 2013

Analysis - Vienna Stock Exchange on a “Sustainable Upward Trend”

After five downhill years, the Vienna Stock Exchange is finally seeing something like a silver lining.

October 30, 2013 · Updated: November 5, 2013; 18:00

Telekom Austria: Massive Capital Increase Ahead

In order to implement its expansion strategy, the Austrian telecommunication group will carry out a capital increase next year. In total, the capital requirement comes at € 1.0bn.

October 25, 2013

“We Need to Pull Down the Iron Curtain in Our Heads“

In an interview with Austrian daily “WirtschaftsBlatt“ Johannes Seiringer, Director of the Austrian office of the European Bank for Reconstruction and Development (EBRD) calls for incentives for enterprises to continue investing in CEE.

October 24, 2013

Czech Republic: Four Banks too Big to Fail

CNB has determined four domestic banks that could potentially endanger the country’s financial system in case of bankruptcy, as reported by daily “Hospodarske noviny” (HN).

October 24, 2013

Bill Gates Becomes Second-Largest Shareholder in FCC

Spanish construction company and parent company of Austrian Alpine has a new shareholder: Founder of Microsoft Bill Gates has aquired a participation of around six percent.

October 22, 2013

Romanian Romgaz Starts IPO

Tomorrow, Monday, the Romanian government sells a 15% stake in Romgaz via the stock exchange. In the last months, the IMF has urged Romania to accelerate the privatization policy.

October 21, 2013