RBI Raiffeisen Bank International

RBI Posts Profit of € 1.4bn in 2011

Profit before tax rises by 6.7 per cent compared with 2010 to € 1,373m. Core Tier 1 Ratio amounts to 9.3 per cent (before dividend).

February 23, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-20)

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February 20, 2012

Stepic Criticizes Rating Agencies Sharply

For Herbert Stepic, CEO of Raiffeisen Bank International (RBI), statements given by the U.S. rating agencies are “undifferentiated”.

February 20, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-16)

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February 16, 2012 · Updated: February 16, 2012; 19:07

Bulgarian Vivacom: Telekom Austria Has Only Outside Chances

The second-largest Bulgarian telecommunication enterprise is for sale. Telekom Austria is still interested, in spite of dismal prospects.

February 14, 2012

Raiffeisen Builds Shopping Center in Bukarest

Raiffeisen Evolution develops “Floreasca City”, a shopping center project in the Romanian capital. Construction works began in January.

February 10, 2012

RBI: „Capital Increase is Pure Speculation“

The Austrian Raiffeisen Bank International, which is said to plan a capital increase, points out that this information is a “pure rumor”.

February 9, 2012

Capital Increase at RBI?

According to market rumors, Raiffeisen Bank International is said to revisit € 1.00bn sale as shares rise.

February 8, 2012

Hungary: 160,000 Loan Takes Convert Foreign Currency Debt

According to the Hungarian Financial market authority, 142,000 Hungarian households repaid foreign currency debt. Further 19,000 are expected.

February 7, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-07)

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February 7, 2012 · Updated: February 7, 2012; 11:05

Losses in Hungary Keep Within a Limit

The deadline for the conversion of Hungarian foreign currency loans expired. Austrian banks think that their provisions are sufficient.

February 1, 2012

RBI Structures Credit Facility for Chinese Company

Austrian Raiffeisen Bank International (RBI) finances delivery of the plant by Andritz-Group for Chinese Ganzhou.

February 1, 2012

New Management Board Member at RBI

Raiffeisen Bank International: Klemens Breuer starts in mid-April. Patrick Butler chooses to resign his mandate.

January 30, 2012

Romanian President Appreciates Erste Group´s Decision

Traian Basescu, President of Romania, is pleased with Erste Group´s announcement to continue its business in Romania.

January 28, 2012

Stepic: „Reaching AAA Again Is Possible“

RBI´s CEO Herbert Stepic thinks that due to the strength of Austria´s real economy, re-gaining the triple A is possible within the next years.

January 28, 2012

RBI´s CEO Expects € 60m Losses in Hungary

Herbert Stepic, CEO of Austrian Raiffeisen Bank International, emphasizes to stay in Hungary. The foreign currency debt conversion causes severe losses.

January 26, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-26)

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January 26, 2012 · Updated: January 26, 2012; 18:17

S&P Keeps Rating for Erste Group and RZB

After the downgrade of Austrian sovereign bonds two weeks ago, the U.S. rating agency remains its ratings for the two largest domestic banks.

January 25, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-25)

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January 25, 2012 · Updated: January 25, 2012; 17:05

Capital Shortfall at Austrian Banks Could Decrease

Possibly Erste Group and Raiffeisen can lower their capital shortfall. The Austrian Financial Market Authority (FMA) is currently talking to EBA.

January 24, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-23)

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January 23, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-20)

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January 20, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-16)

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January 16, 2012

Exit in Hungary Would be Expensive

In case of leaving the Hungarian market, Austrian banks would face enormous costs, says Citigroup.

January 13, 2012

Austrian Banks Must Downsize in Hungary

Erste Group and Raiffeisen Bank International (RBI) must streamline their operations. Nevertheless, a further capital increase could become necessary.

January 12, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-10)

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January 10, 2012 · Updated: January 10, 2012; 10:17

Hungarian Crisis: BIS Warns Austria Insistently

A collapse of the Hungarian economy would hit Austria very hard, says the Bank for International Settlements (BIS). Austrian Banks have a high exposure.

January 9, 2012

ATX: Andritz Becomes Number 4

The Austrian technology company Andritz could raise its weight in the prime market of the Austrian Traded Index. Erste Group and Raiffeisen lost massively.

January 7, 2012

Austrian Banks Have $ 41.0bn Exposure in Hungary

After another downgrade, a national bankruptcy of Hungary is not excluded anymore. Consequences for Austrian banks would not be foreseeable.

January 7, 2012

Hungary Becomes Fundamental Risk Factor for Austrian Banks

Over the last weeks, fears of a Hungarian bankruptcy grew drastically. The Hungarian Forint has reached a new record low.

January 5, 2012

Hungary: High Losses for Banks

According to the Hungarian banking association, costs for the coerced conversion of foreign currency loans reach about € 952m.

January 4, 2012

RZB Issued Participation Capital

The Austrian banking group optimizes its structure by acquiring shareholdings in the Czech Republic and Slovakia.

December 30, 2011

RBI Rules Out Sale of Eastern European Subsidiaries

CEO Herbert Stepic expects a very difficult year 2012 for the entire banking industry.

December 29, 2011

Polbank: RBI wants to Lower Price

The Austrian Raiffeisen Bank International delays the closing of the acquisition. RBI negotiates over a reduction of the acquisition price.

December 27, 2011

Capital Increase for Raiffeisen Hungary

In light of massive loss expectations the Hungarian subsidiary will reduce its headcount and close down several branches.

December 23, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-20)

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December 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-19)

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December 19, 2011

Foreign Currency Loans: Austrian Banks Appreciate Hungarian Decision

Austrian banks reacted positively to the announcement of the Hungarian government to participate in costs for the conversion of foreign currency loans.

December 19, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-14)

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December 14, 2011 · Updated: December 14, 2011; 18:29

Vienna Stock Exchange: Winners and Losers (2011-12-13)

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December 13, 2011

Reduced, But Still High Shortfall at Austrian Banks

EBA shortfall for RZB Group set at approximately € 2.1bn, for Erste Group at € 0.74bn. However, the initial shortfalls were reduced for RZB.

December 8, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-06)

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December 6, 2011 · Updated: December 6, 2011; 18:01

Polish Financial Market Authority Claims RBI´s Quotation

The Vice-President of the Polish financial market authority, Wojciech Kwasniak, asks the Austrian Raiffeisen Bank International to quote in Warsaw, besides the listing in Vienna.

December 3, 2011

Vienna Stock Exchange: Winners and Losers (2011-12-02)

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December 2, 2011

Management Board Salaries Increased by 13.2% in 2010

Salaries for a company’s board members totaled € 3.4m, while compensations for supervisory board members amounted to € 182,000 on average.

November 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-29)

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November 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-25)

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November 25, 2011

RBI Posts Decline in Nine-Month Profit

The Austrian bank might have to write down the goodwill on its Ukrainian subsidiary. Consolidated profit declined by 4.8% to € 745m in the first three quarters.

November 24, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-23)

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November 23, 2011

Vienna Stock Exchange: Winners and Losers (2011-11-22)

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November 22, 2011
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