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Raiffeisen Bank International AG (RBIV.VI)

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Latest Key Developments (Source: Significant Developments)

Immigon says got 21 eur/shr for 3 pct RBI stake
Tuesday, 21 Mar 2017 04:39pm EDT 

Raiffeisen Bank International Ag : Immigon announces successful completion of the disposal of 9.92 million shares in raiffeisen bank international ag through an accelerated bookbuilding; sales price set at eur 21.00 per share .Immigon says the transaction generated total gross proceeds for immigon as a group of approximately eur 208 million. Settlement of the transaction and delivery of the sale shares (closing) is expected to take place on 24 march 2017.  Full Article

Immigon sells 3 pct stake in RBI to institutional investors
Tuesday, 21 Mar 2017 12:35pm EDT 

Immigon says : Immigon Portfolioabbau AG commences sale of up to approximately 9.92 million shares in Raiffeisen Bank International AG by way of an accelerated bookbuilding . Immigon says offer shares represent approximately 3.02% of RBI's stated share capital and represent the entire indirect shareholding of Immigon (held via its 100% subsidiary Unternehmensbeteiligungs Gesellschaft mit beschränkter Haftung) in RBI .Immigon says offer shares are being offered exclusively to institutional investors through a private placement by way of an accelerated bookbuilding (the "placement"), which will be launched immediately following this announcement.  Full Article

Raiffeisen says not sure how big interest will be in Polish IPO
Thursday, 16 Mar 2017 06:48am EDT 

Raiffeisen Bank International : CEO-designate Strobl says on IPO of Polish unit, I don't know how strong the interest in a small portion of a small bank will be, but we will see . Strobl says in presentation to investors in London he will be happy if Polish IPO chapter can be closed Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Raiffeisen says merger savings will mainly come from financing costs
Thursday, 16 Mar 2017 06:40am EDT 

Raiffeisen Bank International : CFO Gruell says synergies from merger with RZB will come more from reduced funding costs than from operational costs . CFO Gruell says areas where efficiency can be improved in Poland include branch network, which has too few customers per branch, and significant mid-office layer . CEO-designate Strobl says 13 percent fully loaded CET 1 ratio should be level that is good for us in coming years . CEO-designate Strobl says there will be opportunities for organic growth and acquisitions in coming years . CEO Sevelda says that over the years there might be a tendency for Raiffeisen landesbanken to reduce shareholding in RBI . CEO-designate Strobl says on NPLs that if price is right we will sell, confident we will reach 8 percent target . CFO Gruell says we do not expect significant change in general administrative expenses of combined bank this year . CEO-designate Strobl says we are not in talks with anyone at the moment but there will be opportunities to purchase loan portfolios . CEO-designate Strobl says Raiffeisen landesbanken have shown they are comfortable with a stake of 40 percent in RBI . Strobl says landesbanken stake could shrink through capital increase they don't participate in as well as by a sale Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Raiffeisen aims to resume dividend payments in a year's time
Wednesday, 15 Mar 2017 05:52am EDT 

Raiffeisen Bank International : CEO-designate Strobl says aim is to pay a dividend for 2017, can't say how much Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Raiffeisen says focusing on IPO rather than sale in Poland
Wednesday, 15 Mar 2017 05:27am EDT 

Raiffeisen Bank International : CEO-designate Strobl says June 30 deadline on Polbank IPO is doable . CFO Gruell says do not want to apply negative rates to retail clients, depends on size for corporate clients . CEO-designate Strobl says, when asked if sale of Polish unit is still an option, we are focusing on IPO Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Raiffesen says dividend-free years are nearing an end
Wednesday, 15 Mar 2017 05:05am EDT 

Raiffeisen Bank International : CEO-designate Strobl says the time in which we paid no dividend is nearing an end . Strobl says we want to grow again - not everywhere but selectively in Czech Republic, Slovakia, Poland and southeastern Europe, especially Romania . Strobl says we must reduce costs, especially in Poland . Strobl says cannot give figure on job cuts in Poland . Strobl says will tell staff in Poland as soon as a figure on job cuts is available Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Alior Bank FY net profit almost doubles to 618.3 mln zlotys YoY
Thursday, 9 Mar 2017 01:18am EST 

Alior Bank SA : FY 2016 net profit 618.3 million zlotys ($151.13 million)versus 309.6 million zlotys a year ago . FY net interest income 1.95 billion zlotys versus 1.50 billion zlotys a year ago . FY net fee and commission income 331.1 million zlotys versus 331.7 million zlotys a year ago .Alior Bank paid 130.9 million zlotys of tax on banks in 2016.  Full Article

Raiffeisen Bank International AG and Alior Bank end negotiations on the sale of the core banking operations of Raiffeisen Bank Polska
Wednesday, 7 Dec 2016 02:41pm EST 

Raiffeisen Bank International AG : RBI and Alior Bank end negotiations on the sale of the core banking operations of Raiffeisen Bank Polska .Expects to achieve CET1 ratio (fully loaded) objective of at least 12 percent without any extraordinary measures by 2017 end.  Full Article

Raiffeisen merger to increase shares in issue
Wednesday, 5 Oct 2016 03:28pm EDT 

Raiffeisen Bank International AG : Says number of shares issued will increase from 292,979,038 RBI shares to between 321,400,276 and 332,010,469 in the combined bank after RZB merger Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

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