Karl Sevelda

Bilderberg 2015: Full List of All 133 Participants

The full list of all 133 attendees to the top secret Bilderberg Group conference 2015 has been released (see below). The Austrians participating are René Benko, Oscar Bronner, Heinz Fischer, Alfred Gusenbauer, Erich Hampel, Wolfgang Hesoun, Gerhard Roiss, Rudolf Scholten and Karl Sevelda.

June 12, 2015 · Updated: June 12, 2015; 17:45

RBI Revises Expected Provisioning Requirement

Vienna based Raiffeisen Bank International AG (RBI) has revised its outlook for the net provisioning requirement for the current financial year to between EUR 1,500 and EUR 1,700 million, primarily due to higher expected risk costs in Ukraine in light of ongoing political tensions in the region.

September 23, 2014

Sevelda: "RBI to Increase the Cost Reduction Even More"

Raiffeisen Bank International must not only save 450 million euros, but about 600 million euros, says CEO Karl Sevelda.

June 16, 2014

Sevelda: “Russia Still Crucial Market”

In the light of the close ties with regard to economic and energy relations with Russia Karl Sevelda, CEO of Raiffeisen Bank International (RBI) warns about the tightening of penalties against Russia.

May 23, 2014

Situation for Austrian Banks in Russia is “Sensitive”

According to the latest statistics, Austrian banks are considerably more engaged in Russia than assumed so far. Debts to domestic financial institutes amount to € 50bn.

April 29, 2014

RBI Awarded Best Bank in CEE Once Again

Global Finance Awards: RBI again “Best Bank in CEE”.

April 7, 2014

RBI to Shut Down Affiliates on Crimea

The Ukrainian affiliate of Raffeisen Bank International (RBI) is closing all its affiliate on Crimea until mid-April.

April 7, 2014

RBI to Keep Hungarian and Ukrainian Affiliates?

Raiffeisen Bank International (RBI) considers keeping its affiliates in Hungary and Ukraine.

March 27, 2014

RBI: Profit Shrinks by Almost A Quarter

RBI with consolidated profit of € 557 million Austria’s most profitable bank for the fourth time.

March 27, 2014

Raiffeisen Bank International Postpones Sale of Ukrainian Affiliate

Due to the extremely tense situation in Ukraine, the second-largest lender in CESEE (Central, Eastern and Southeastern Europe) has stopped the sale of Aval Bank.

March 3, 2014

Austria: RBI to Pay Back State Capital in March

€ 1.75bn in state aid will be transferred around March 15 if the Financial Market Authority agrees to the repayment.

February 13, 2014

Ukraine: Tough Market for Foreign Banks

The coming two years will be challenging for foreign banks operating in Ukraine.

February 11, 2014

Ukraine: RBI Examines Offers

Raiffeisen Bank International (RBI) has received a total of twelve offers for its Ukranian affiliate.

February 10, 2014

Hypo Group Alpe Adria: The War of Nerves Has Begun

The Austrian government puts enormous pressure on the Austrian banking sector and does not exclude Hypo Group´s orderly bankruptcy anymore. The Austrian banking sector insistently warns of this option.

February 9, 2014 · Updated: February 9, 2014; 23:41

Hypo Group Alpe Adria: Sevelda Rejects „Joint Bad Bank“

Karl Sevelda, CEO of Vienna-listed RBI (Raiffeisen Bank International), does not want to become shareholder of the common bad bank for the nationalized lender Hypo Group Alpe Adria.

February 9, 2014

Austrian Banks to Resist Further Burdens?

Podium discussion at Viennese law firm Binder Grösswang.

January 20, 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

Austria: Significant Increase in Bank Levy

In 2014, the bank levy is expected to increase substantially. Austrian banks regard the levy as massive competitive disadvantage.

January 10, 2014

RBI: No Withdrawal from Hungary

Due to massive losses, the second-largest lender in CESEE was said to leave the difficult Hungarian market. RBI denies such reports.

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

Growing Evidence for RBI’s Withdrawal from Hungary

According to media reports, Hungarian partly nationalized Szechenyi Commercial Bank has placed an offer for the take-over of RBI’s Hungarian affiliate.

January 7, 2014

First Offer for RBI´s Hungarian Subsidiary

The partly nationalized Hungarian lender Szechenyi Bank is interested in the Hungarian subsidiaries of the Austrian banks Erste Group and Raiffeisen Bank International.

January 6, 2014

Austria: Rules for Bank Tax to Be Changed

The governing parties call for changes in the bank tax which would increase the burden of some Austrian banks.

December 20, 2013

RBI CEO under Suspicion of Prosecution against Corruption

Karl Sevelda, CEO of Raiffeisen Bank International (RBI), is suspected of having sold company’s shares of a commodity trader below their value. The prosecution in Vienna is now searching Sevelda’s office.

December 18, 2013

Austrian Banking Industry Has to Fear Bank Tax Increase

At the end of this week, the Austrian social democrats and the conservatives agreed on continuing their coalition. Although the fiscal strategy is not fully known yet, a bank tax increase is likely.

December 14, 2013

Major Changes in Hungarian Banking Industry Ahead

The Hungarian government comes closer to its objective. Foreign banks are leaving the country step by step.

December 7, 2013

Sevelda: „We Are Close to the Breaking Point“

In a guest comment published by the Austrian business magazine Format, CEO of Raiffeisen Bank International Karl Sevelda refers to the high burden for Austrian banks.

November 29, 2013

RBI Calls for Better SME Financing in Europe and CEE

RBI CEO Karl Sevelda calls for improvement of SME financing.

November 28, 2013

RBI Faces Austerity Measures.

Raiffeisen Bank International (RBI) does not take into consideration capital increase.

November 27, 2013

RBI: Profits Decline by More than Half

Raiffeisen Bank International with consolidated profit of € 411 million in the first three quarters 2013.

November 27, 2013

CESEE: Austrian Banks Face New Challenges

For Austrian banks, the assessment by the ECB may bring new difficulties. Non-performing loans in CESEE are said to be higher than officially known.

November 26, 2013

RBI Examines Sale Offers in Hungary

Apart from the withdrawal from Ukraine, Raiffeisen Bank International (RBI) considers an exit from Hungary.

November 19, 2013

RBI Approves Participation in Bad Bank for Hypo

CEO of RBI Sevelda expects Austrian government to set a time limit for bank levies until the end of 2016.

November 18, 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

Hypo Group Reigned by Greed and Criminal Activities

In an interview with Austrian daily “Standard“ forensic expert of nationlized Hypo Group Christian Böhler revealed that former managers of the bank enriched themselves personally.

October 21, 2013

RBI Considers Participation in Hypo Group’s Bad Bank

In a radio interview with “Ö1”, Karl Sevelda, CEO of Raiffeisen Bank International (RBI), announced that he regards a particpation of his bank as possible.

October 18, 2013

RBI May Pay Back State Aid Sooner

For Austrian Raiffeisen Bank International, the state aid becomes more and more expensive. The repayment will take place before 2017, insiders report.

October 14, 2013

Sevelda: Not the Right Time for Capital Increase

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.

October 4, 2013

Raiffeisen Sector: Austerity Cuts Ahead

RZB (Raiffeisen Zentralbank), the majority shareholder of Vienna-listed RBI (Raiffeisen Bank International) plans to reduce its costs substantially.

September 26, 2013

RBI: Drastic Austerity Measures Ahead

Vienna-listed Raiffeisen Bank International will have to cut costs by € 450m within 3 years.

September 25, 2013 · Updated: September 25, 2013; 10:41

RBI: Sevelda to Remain CEO unil 2017

Karl Sevelda, who was appointed new CEO of listed Raiffeisen Bank International (RBI) at the beginning of June, does not regard himself as interim head of the bank.

September 23, 2013

RBI: Lennkh Takes Over Divisions of Sevelda

Peter Lennkh takes over responsibility for Corporate Business within the Managing Board of RBI.

September 18, 2013

RBI Revises Expected Provisioning Requirement

Vienna-based Raiffeisen Bank International AG (RBI) has revised its outlook for the net provisioning requirement for the current financial year.

September 16, 2013

Austria: “Painful Cuts“ at RBI

According to the most recent results, the bank has losses in profits of more then 60 percent. A strict cost reduction program

August 22, 2013

RBI Net Profit Below Analysts’ Expectations: Minus 60.5 Percent

Raiffeisen Bank International with consolidated profit of € 277 million in the first half 2013.

August 22, 2013

Austria: Kranebitter to Leave Hypo Group

After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.

August 19, 2013

RBI´s CEO Sevelda: Drastic Losses in Hungary

Next week, Vienna-listed RBI (Raiffeisen Bank International) will present the results for the first half year of 2013. RBI will put effort into selective growth strategies.

August 17, 2013

Credit Crunch in CESEE?

The capital outflow in the CESEE region accelerates. The European Bank for Reconstruction and Development (EBRD) fears negative consequences for the real economy.

August 7, 2013

RBI Considers Withdrawing from Hungary

The Austrian banking group Raiffeisen Bank International wants to focus on other markets. Hungary and Slovenia are shrinking markets, CEO Karl Sevelda says.

August 6, 2013

Arab Partner for RBI?

Karl Sevelda, CEO of Raiffeisen Bank International, indicated that an Arab investor may become a shareholder.

August 5, 2013
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