RBI Raiffeisen Bank International

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

RLB NÖ-Wien Bank Writes Off EUR 100 Mln for RZB Stake in 2015

RLB NÖ-Wien recorded a profit on its stake in RZB group in 2015, despite the lack of dividend and a nearly EUR 100 million (USD 113.2 million) impairment booked on the stake.

April 28, 2016

RBI Subsidiary Zuno Reduced Loss by 30 Percent to EUR 5.6 Million

Zuno Bank direct banking subsidiary of Raiffeisen Bank International (RBI) in the Czech Republic reduced loss by 30 percent to EUR 5.6 million. In March it turned out that the sale of Zuno to Alfa bank group announced in September last year won't take place.

April 27, 2016

RBI Bank Named in Panama Papers Leak, Ties to Russian Businesswoman

Listed bank RBI was allegedly involved in high-risk deals with Russian businesswoman Olga Mirimskaya, the Austrian media report based on the latest publications in the Panama Papers leak.

April 13, 2016

RZB Returns to Profits in 2015

Raiffeisen Zentralbank (RZB), parent of the listed Raiffeisen Bank International (RBI) achieved a positive result in 2015, following a loss in 2014. The company recorded a pretax profit of EUR 737 million for 2015, compared to a loss of EUR 56 million for 2014. Group result turned from EUR 399 million to EUR 237 million.

April 5, 2016

Regulator to Probe RBI, Hypo Banks after Panama Papers Leak

Listed bank RBI and Hypo Vorarlberg will see financial market watchdog FMA check whether the banks met their obligations for prevention of money laundering, FMA said after the Panama Papers leak indicated an alleged involvement of the two banks into suspicious offshore deals.

April 5, 2016