RBI Raiffeisen Bank International

Polish PZU Wants to Buy from both Italians and Austrians

According to polish Dziennik Gazeta Prawna daily, the negotiations between PZU insurance company and Italy's UniCredit, concerning the purchase of shares of Bank Pekao, should be concluded by the end of October. PZU is also said to be interested in the purchase of Raiffeisen Polbank from Austria's Raiffeisen Bank International. As the daily reports, PZU could form a consortium with PKO BP to negotiate with RBI.

August 29, 2016

RBI: Low Interest, Small Loan Volume Weigh Down on Bank Results

CEO of listed Raiffeisen Bank International (RBI), Karl Sevelda, explains in a comment to the figures published last week, that the earnings were affected by continuously low interest rates and a reduction of the loan volume. On the upside though, the retail business performed above expectations and in spite of the weak market.

August 22, 2016

Raiffeisen Bank International AG / Half Yearly Report

Raiffeisen Bank International AG is declaring the following financial reports below.

August 18, 2016

Rothensteiner: RZB Expects Only Moderate Performance in ECB Stress Tests

RZB bank expects to show only moderate performance in this year's ECB stress tests, the results of which should be published on Friday, CEO Walter Rothensteiner said in an interview for the daily Kurier.

July 27, 2016

RZB Sold 17.6 Percent Stake of Uniqa

Raiffeisen Zentralbank (RZB) is selling a larger part of its stake in insurance company Uniqa. The bank will part with 17.64 percent of the insurer’s shares, thus reducing its stake to 8.64 percent.

July 26, 2016

RBI Closes Sale of Raiffeisen Banka in Slovenia

Following the completion of all regulatory requirements, Raiffeisen Bank International AG (RBI) formally closed the sale of its Slovenian bank, Raiffeisen Banka d.d. The sales price will be kept confidential.

July 1, 2016

Closing of Visa Takeover Brings EUR 97 Million Pre-Tax Profit to RBI

The expected pretax profit from the cash payment of the transaction will be EUR 97 million. It should be booked under net income from financial investments in the second quarter of 2016. Visa Inc. had announced the takeover of Visa Europe Ltd. in November of 2015. The cash payment of this one-off effect will be split between Slovakia, Romania, Czech Republic, Poland, the RBI head office, Croatia, Bulgaria, Hungary and Zuno.

June 21, 2016

Raiffeisen Bank International AG / Quarterly Report

Raiffeisen Bank International AG is declaring the following financial reports below.

May 11, 2016

RBI Not to Sell Zuno Bank to ABH Holdings

The sale of Raiffeisen Bank International’s (RBI) direct bank Zuno to the Alfa Banking Group will not be concluded because ABH Holdings withdrew from the contract of sale.

March 1, 2016

RBI: Preliminary 2015 Consolidated Profit of EUR 383 Million

Raiffeisen Bank International AG (RBI) announces a preliminary 2015 consolidated profit of EUR 383 million. This is above the guidance previously given, primarily due to lower than expected net provisioning for impairment losses of EUR 1,266 million, 28 percent below 2014. This development was spread across a number of markets. General administrative expenses were EUR 2,915 million, 4 per cent below the prior year. Transformation program costs in 2015 were approximately EUR 90 million, in line with guidance. FY 2015 guidance had also included goodwill impairment charges and risk costs amounting to EUR 124.1 million, which were reallocated to FY 2014 in the course of a restatement.

February 2, 2016