RBI Raiffeisen Bank International

“Hypo Group Bankruptcy Would Affect RBI Adversely“

According to the Vienna-based Raiffeisen Bank International, both a joint bad bank and Hypo Group´s insolvency have negative consequences on RBI´s share.

February 5, 2014

Poland: Sixteen Banks to be Examined by EBA

In total, sixteen Polish banks will participate in the stress tests carried out by the European Banking Authority.

February 4, 2014

„Hungary and Austria Must not Become Enemies“

Ewald Nowotny, governor of the Austrian National Bank (OeNB) wants a solution between the Hungarian government and the Austrian banking sector.

February 4, 2014

KBC Does Not Leave Hungary

The Belgian lender rejected rumors saying that the Hungarian unit may be sold. Not only KBC faces enormous difficulties in Hungary.

February 1, 2014

Capital Increase at RBI Hungary

RBI (Raiffeisen Bank International) will make a capital injection of € 55m in its Hungarian affiliate

January 28, 2014

Austria: RZB’s Share in RBI Drops Dramatically

The share of Raiffeisen Zentralbank (RZB) in its affiliate Raiffeisen Bank International (RBI) drops dramatically after the capital increase.

January 28, 2014

Austrian Raiffeisen Sector to Create Risk Fund

In order to establish a cross-guarantee system, the Austrian Raiffeisen sector has to create a risk fund in the amount of € 400m.

January 27, 2014

RBI Not to Be Sold to Hungarian State

Hungarian Minister Varga announced that the Hungarian state had no interest in taking over RBI’s local affiliate. Instead, RBI announced that staying in Hungary was “the right decision”.

January 23, 2014

€ 2.78bn for Raiffeisen Bank International

The second-largest lender in Central, Eastern and Southeastern Europe has started the capital increase. The free float grows substantially.

January 22, 2014

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

Erste to Maintain Business in Hungary

According to CEO of Erste Group’s Hungarian affiliate, the bank will remain in the country to expand business activity.

January 21, 2014

Austrian Banks to Resist Further Burdens?

Podium discussion at Viennese law firm Binder Grösswang.

January 20, 2014

„Hungarian Economy Must be Rearranged“

István Töröcskei thinks that the Hungarian banking sector is highly interesting. In general, the financial sector must help to develop the Hungarian economy, Töröcskei argues.

January 18, 2014

Expansion Course of Austrian Banks Slowed Down

After the financial crisis cooled down the expansion course of Austrian banks in CESEE countries was dampened down.

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

Austria: Expert Paper for Hypo Group’s Bad Bank

An expert paper about possible downsizing options for state-controlled problem bank Hypo Group Alpe Adria is expected to be handed in to the government until the middle of the week.

January 13, 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

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: 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

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

RBI Expects Growth to Accelerate in 2014

2014 marked by growth recovery, according to RBI Research.

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

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

Hungary: Erste Group Confident

The third-largest lender in CESEE underlined that the Hungarian subsidiary will not be sold. The Austrian bank is confident to reach the turnaround soon.

January 6, 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

Austrian and Germans Offered Most for Bulgarian Schuldschein

Average interest rates for Bulgarian Schuldschein loan range between 3.4 to 4.6 percent. Austrian and German investors offered most of the € 290m loan.

December 23, 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

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

Hungary: Good News for Banks in Forex Proceedings

Banks operating in Hungary can feel relieved by the Supreme Court’s judgement.

December 16, 2013

Slovenia: Haircut for Junior Bondholders

Subordinated bond holders of the state-owned Slovenian banks will lose their investments completely. This is part of the recapitalization scheme.

December 14, 2013

Positive Respond to Slovenian Bank Recapitalization Plans

The European Bank for Reconstruction and Development responds positively to the results of the asset quality review of Slovenian banks and the corresponding plans of the government.

December 13, 2013

Slovenia: Bank Bailout Plan Is Completed

Tomorrow, December 12, the results of the bank asset review will be published. The next steps have been determined already in advance.

December 11, 2013

EU Demands € 55bn for Banking Union

The Finance Ministers of the European Union are still negotiating about a mechanism aimed at preventing states from having to take over financial difficulties from banks, the banking union.

December 9, 2013

Austrian Banking Sector: € 35bn NPL

Due to the gloomy economic situation in CESEE and the stagnating domestic economy, Austrian banks suffer from growing non-performing loans.

December 9, 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

Bond Swap at Raiffeisen

RBI offers bond holders of RCB to swap their debenture bonds to promissory notes.

December 2, 2013

Raiffeisen Bank International Negotiates with Alfa Bank

Vienna-listed RBI wants to leave Ukraine. RBI´s subsidiary Bank Aval may be sold to Alfa Bank.

November 30, 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

Raiffeisen Bank International AG / Quarterly Report

Raiffeisen Bank International AG / Quarterly Report

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

Slovenia: Stress Tests Result Published on December 13

Bostjan Jazbec, governor of the Slovenian National Bank (SNB), is optimistic that no Slovenian bank will have to be liquidated.

November 23, 2013

RBI: Fresh Money for Slovenian Subsidiary

Raiffeisen Bank International, the third biggest lender in CESEE, injects € 10m into the Slovenian subsidiary.

November 21, 2013

Hungary: Banks Penalized for Lobbying

The Hungarian competition authority GVH has imposed a penalty running in the millions on domestic and foreign banks.

November 20, 2013

Raiffeisen Bank International: Sale of Hungarian Affiliate No Taboo Anymore

As reported by Vindobona, Vienna-listed RBI is examining offers for the Hungarian subsidiary. For RBI, Hungary is the biggest loss-maker.

November 20, 2013
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