RBI Raiffeisen Bank International

Raiffeisen to Sell Polbank Only Without CHF Loans

Raiffeisen Bank International (RBI) faces some delays with regard to its plan of selling off subsidiaries in eastern Europe, though the bank assures it will meet the target and downsize by the end of 2017. One of the obstacles it faces are CHF mortgage loans of Polish arm Polbank (EUR 3.2 billion /USD 3.5 bilion).

August 20, 2015

EBRD Buys 25% Stake in Raiffeisen Bank Aval

Raiffeisen Bank International (RBI ) reports that it has entered the final stage of negotiations with EBRD regarding the latter acquiring a stake in Raiffeisen’s Ukrainian subsidiary Bank Aval. The stake will be a substantial minority shareholding, RBI’s management board announced. The closing of the deal is slated for next week.

August 19, 2015

RBI Bank H1 Net Profit Falls 16.4 Pct Y/Y to EUR 288 Mln in H1

Listed bank RBI posted EUR 288 million (USD 318.9 million) net profit in H1, down by 16.4 percent y/y, and still expects to suffer a net loss in the whole 2015, the bank said in a report.

August 19, 2015

RBI Bank H1 Net Profit Seen Falling 38 Pct Y/Y to EUR 214 Mln

Listed bank RBI will likely post EUR 214 million (USD 237 million) in H1 net profit, down by a heady 38 percent y/y, shows the consensus of analysts surveyed by APA.

August 18, 2015

Raiffeisen Bank Mulling Changes to Group by Autumn

Banking group Raiffeisen is looking into potential options concerning the future development of the group and should present the initial results by September, the daily Standard writes Friday.

August 14, 2015

Bawag Sells Maltese Bank to Canadian MFC

In H2 Bawag PSK is going to close the sale of its Maltese subsidiary to Canadian investment and trading firm MFC, the management of BAWAG disclosed. MFC is based in Vancouver and New York and already acquired Elsner Trading from Raiffeisen Bank International (RBI) in 2014.

August 11, 2015

RBI Securitises EUR 705 Million Loan Portfolio

Listed bank RBI securitised a loan portfolio with a value of EUR 705 million (USD 780.2 million) raising its Tier 1 (CET1) equity ratio by 0.04 percentage points, the bank said.

July 29, 2015

RBI Holds Sale of Polish Unit Polbank

Listed bank RBI has reportedly put the sale of its Polish unit Polbank on hold, insiders told the news agency Reuters. "Negotiations have been stopped,” the sources said. The suspension is linked to CHF mortgage portfolio of Polbank which makes the sale a complex issue, insiders said.

July 22, 2015

RBI's Slovenian Subsidiary Eyed by Many Potential Investors

Listed bank RBI enjoys a lot of interest in its Slovenian unit put up for sale, the bank confirmed for the Slovenian daily Dnevnik, the paper writes. According to the daily's information, at least 5 bidder are in the race for the Slovenian bank. The list is said to include US fund Apollo, UniCredit, Hungary's bank OTP, Slovenian minor bank Gorenjska banka and Russian Expobank.

July 16, 2015

RBI: Grexit Still an Option

RBI analysts conclude in their latest risk analysis, that today’s summit agreement should not be taken as end to the risk of Grexit yet. If the agreement fails to clear the necessary parliamentary hurdles, the ECB could soon withdraw its support for Greek banks, forcing Greece out of the Euro. Even after a successful conclusion of negotiations the risk of Grexit could soon resurface: If the willingness of the Greek government to implement reforms declines again after the current pressure is reduced, todays crisis summit would be followed be new ones, whenever a new aid tranche has to be paid out.

July 13, 2015