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RBI Raiffeisen Bank International
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
RBI Examines Sale Offers in Hungary
Apart from the withdrawal from Ukraine, Raiffeisen Bank International (RBI) considers an exit from Hungary.
November 19, 2013
Austrian Banking Sector: Austerity Ahead
In order to comply with the regulatory capital framework, Austrian banks cut costs radically
November 18, 2013
RBI: Sale of Raiffeisen Bank Aval Not Fixed
In light of current media reports Raiffeisen Bank International AG (RBI) is clarifying its position in relation to coverage about its intention to sell certain operations.
November 18, 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