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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: Thomson Reuters StreetEvents

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Raiffeisen Bank International AG considering capital strengthening

Wednesday, 8 Jan 2014 12:23pm EST 

Raiffeisen Bank International AG:Announces that is reviewing options to comprehensively strengthen its capital base and to redeem the outstanding 2.5 billion euros participation capital in full or in part in the near future.Says strengthening of the capital base is intended to prepare RBI for the implementation of Basel III rules and is expected to include a capital increase of 2.0 billion euros to 2.25 billion euros.Says timing and size of any transaction will remain subject to Management and Supervisory Board approval, as well as to market conditions. 

Company Quote

0.02 +0.09%
23 Jul 2014