Austrian bank Raiffeisen to inject 40 mln euros into Slovenian unit
VIENNA Dec 12 (Reuters) - Raiffeisen Bank International plans to inject 40 million euros ($55 million) into its Slovenian unit, it said on Thursday, following an assessment of how much extra capital is required for the struggling nation's banks.
Slovenia's central bank said earlier that RBI faced a shortfall of 113 million euros in its capital-to-assets ratio, taking its figures from an external audit of banks operating in Slovenia to determine whether the country would need an EU bail-out.
An RBI spokesman said on Thursday, "in practical terms, this means we have a capital increase of 40 mln euros in preparation. That is going to happen in the next weeks.
"We have some other measures like reduction of business in place to fulfil the capital ratio," he added. ($1=0.7251 euros) (Reporting by Michael Shields; Editing by Greg Mahlich; Writing by Georgina Prodhan)
- Malaysia Airlines plane missing, presumed crashed in South China Sea |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Malaysian plane crashed off Vietnam coast: state media
- No signal picked up from missing Malaysia Airlines plane-Vietnam official