RBI Raiffeisen Bank International

Rothensteiner: Raiffeisen Bank Group is Doing Well

The Austrian Raiffeisen bank group (RBG) is doing well, according to the head of RZB, Walter Rothensteiner. Last year with a balance sheet total of EUR 280 billion the group confirmed its top position among Austrian bank groups for the 10th time.

June 23, 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

RBI Shareholders Critical of Merger Plan with Parent RZB

Listed bank RBI shareholders are sceptical as far as the potential merger with the bank's parent RZB is concerned, it follows after a general meeting held on Thursday. RBI shareholders requested a clarification of the benefits expected from the potential merger and the presentation of details, but did not receive concrete answers.

June 17, 2016

Raiffeisen Bank to Decide Merger with RZB by September

Raiffeisen Bank International (RBI) wants to make up its mind about the possible merger with Raiffeisen Zentralbank (RZB) by September. At the moment no decisions have been made, RBI head Karl Sevelda told shareholders during the AGM.

June 16, 2016

Polish PKO BP Bank Plans to Bid for Raiffeisen Polish Unit Polbank

Poland's top bank PKO BP wants to submit a non-binding offer for Raiffeisen Polish unit Polbank, Bloomberg newswire said, citing unofficial information.

June 15, 2016

RBI Recorded Loss in Q1 2016 Only in Albania

The results for the first quarter of 2016 were almost pushed to the background, as RBI not only announced its results two days ahead of schedule, but also officially announced its plan for merger with Raiffeisen Zentralbank (RZB). RBI shares dropped up to 11 percent during the day.

May 12, 2016

Merger of RZB/RBI: Holding Bank Could Become One with Subsidiary

Raiffeisen Zentralbank (RZB) and its subsidiary, listed bank RBI, of which RZB holds a 60 percent stake, have initiated a merger procedure. The measure is currently being evaluated, a board member of RBI announced during a conference of analysts, adding that the it would likely be a "downstream merger”.

May 11, 2016

Raiffeisen Bank International AG / Quarterly Report

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

May 11, 2016

RBI Seen Raising Q1 Net Profit 78 Pct Y/Y to EUR 148.9 Mln

Listed bank RBI will likely post EUR 148.9 million (USD 169.7 million) in Q1 2016 net profit, up by a heady 78 percent y/y, predict analysts on average.

May 10, 2016

Raiffeisen NÖ-Wien to Update Its Strategy

Despite significant burden of a EUR 99.3 million (USD 112.8 million) writedown on the one-third stake in Raiffeisen Zentralbank (RZB), Raiffeisenlandesbank NiederösterreichWien (RLB) returned to profits in 2015. 2016 will be still hard. The bank will shift its focus.

April 28, 2016