Raiffeisen CEO says sees no need for more capital

VIENNA, Nov 12 (Reuters) - Raiffeisen International (RIBH.VI) sees no need to raise further capital after its tier 1 ratio remained stable at 10.5 percent, Chief Executive Herbert Stepic told journalists in a conference call on Thursday.

"If you take into consideration the development we have seen over the last quarter, I would say that for the time foreseeable we don't see the need for further capital," Stepic said.

Stepic declined to give an outlook for the fourth quarter and the full year but said the fourth quarter was seasonally weak and may not match the average reached seen in the first three quarters. (Reporting by Boris Groendahl)