|Bid||29.09 x 72000|
|Ask||29.11 x 218400|
|Day's Range||28.70 - 29.46|
|52 Week Range||20.25 - 35.41|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BNP Paribas has reached a deal to buy the bulk of Raiffeisen Bank International ’s Polish business, in the latest case of consolidation in Poland’s banking sector. The banks said on Tuesday that BNP would ...
BNP Paribas has agreed to buy the core banking operations of Raiffeisen’s Polish subsidiary for €775 million to strengthen its subsidiary Bank BGZ.
Further U.S. sanctions on Russian interests hit Europe-listed stocks on Monday, denting a recovery as investors became more hopeful a trade war between the United States and China could be averted. The pan-European STOXX 600 index ended the day up just 0.1 percent as sanctions that included a blacklisting of aluminium giant Rusal sent mining stocks spiralling lower. Stocks linked to allies of President Vladimir Putin suffered sharp declines.
Austria's Raiffeisen Bank International (RBI) (RBIV.VI) said on Wednesday it was still preparing for an IPO of its Polish unit, although it had not finally decided on whether to sell or list the business. RBI continues to address a requirement by the Polish regulator that it floats its Polish subsidiary Raiffeisen Bank Polska SA, which it has been trying and failing to do for the past two years. "Preparations for a listing are ongoing," Chief Executive Johann Strobl told a news conference.
The chairman of Switzerland's third-largest bank, Raiffeisen, will step down with immediate effect after former CEO Pierin Vincenz was placed under investigation by prosecutors in a breach of trust probe, the lender said. Johannes Rueegg-Stuerm is taking the step "to preserve Raiffeisen Swiss's long-term credibility", it said in a statement late on Thursday. "With this step the veteran chairman of Switzerland's third-largest bank is taking responsibility.
Swiss Financial Market Supervisory Authority FINMA has ended proceedings into former banking and insurance executive Pierin Vincenz, saying they became redundant following his resignation from Swiss financial institutions. While its investigation into the former Raiffeisen CEO had stopped, FINMA said on Thursday it would continue enforcement proceedings against Raiffeisen over corporate governance issues. "The proceedings were motivated by findings that came to light within the Raiffeisen Switzerland following various FINMA-led investigations and an audit conducted by a FINMA mandatory regarding corporate governance issues starting from 2010," FINMA said.
Raiffeisen Bank International AG wants to boost its ranking among global bond arrangers by opening up debt markets in countries some investors may be hard pushed to pinpoint on an atlas.
Poland's banking regulator has no intention of opposing further consolidation of the country's commercial banks, the head of the Polish Financial Supervision Authority (KNF) said on Monday, calling it a "natural process". Marek Chrzanowski also said that the KNF will allow more banks to pay out dividends for 2017 compared to 2016, adding that the largest banks would likely get a green light to do so based on their performance in the first three quarters of this year.
The acting governor of Ukraine's central bank, Yakiv Smoliy, and the head of Raiffeisen Bank's local unit are among candidates for the role of central bank governor, Interfax Ukraine quoted lawmaker Ihor Kononenko as saying on Friday. Kononenko has close ties to President Petro Poroshenko, whose months-long delay in nominating a candidate for approval by parliament has concerned Ukraine's financial backers, including the International Monetary Fund.
The acting governor of Ukraine's central bank, Yakiv Smoliy, and the head of Raiffeisen bank's Ukrainian unit Volodymyr Lavrenchuk are being considered for the role of central bank governor, Interfax Ukraine ...
Austria's Raiffeisen Bank International (RBIV.VI) beat third-quarter net profit expectations on Tuesday on improved eastern European markets and lower risk costs. RBI, which operates across eastern Europe, reported a net profit of 322 million euros (286.8 million pounds) for the three months to Sept. 30. In March it completed a merger with former parent Raiffeisen Zentralbank to simplify the group's structure and strengthen its capital base.
Rating Action: Moody's upgrades Raiffeisen Bank SA's local currency deposit rating to Baa2. Global Credit Research- 08 Nov 2017. Outlook on deposit ratings remains stable.
Austria's Raiffeisen Bank said on Friday it had evacuated all staff from its offices in Russia, and searches were being conducted, after it received a bomb warning. "We have received information about ...
Announcement: Moody's: Romania's four rated banks will benefit from buoyant economy and ongoing clean-up of loan books. Global Credit Research- 25 Sep 2017. London, 25 September 2017-- Romania's four rated ...
Rating Action: Moody's takes rating actions on six Ukrainian banks. Global Credit Research- 30 Aug 2017. London, 30 August 2017-- Moody's Investors Service has today taken rating actions on six Ukrainian ...
Rating Action: Moody's assigns Raiffeisenbank, a.s. deposit ratings of Baa2/P-2; stable outlook. Global Credit Research- 21 Aug 2017. London, 21 August 2017-- Moody's Investors Service, has today assigned ...
Rating Action: Moody's assigns a B1 rating to Raiffeisen Bank International's new AT1 instrument. Global Credit Research- 21 Jul 2017. Subordinated debt ratings affirmed at Ba1.
Rating Action: Moody's Upgrades Bulgarian Banks' Deposit Ratings. Global Credit Research- 26 Jun 2017. Limassol, June 26, 2017-- Moody's Investors Service, has today upgraded to Baa3/Prime-3 from Ba2/Not ...
FRANKFURT/ZURICH, June 21 (Reuters) - BAWAG PSK is moving ahead with preparations for an initial public share offer that could value the Austrian bank at up to 5 billion euros ($5.6 billion) and has picked a lead organiser, people close to the matter said. It majority owner, private equity investment group Cerberus , has tasked Morgan Stanley with acting as so-called global coordinator for the share sale, which could launch as early as autumn, the sources said. BAWAG and the investment banks declined to comment.
The Czech central bank on Tuesday said it was doubling the amount of money domestic banks must put aside as a precaution for hard times from July next year because of rapid credit growth. The move comes as a bill allowing the central bank to make lenders cap loans, if needed, is at risk of failing in parliament, drawing sharp criticism from the bank's Governor Jiri Rusnok on Tuesday. Czech lending growth is close to the fastest since 2009 as record low interest rates spur demand, especially in housing, where low supply and cheap mortgages have driven up prices on new apartments in Prague by a fifth in the past year.
Rating Action: Moody's upgrades Raiffeisen-Landesbank Steiermark's issuer and deposit ratings to Baa1; outlook stable. Global Credit Research- 01 Jun 2017. Baseline credit assessment upgraded to baa3, ...
WARSAW/FRANKFURT May 31 (Reuters) - Deutsche Bank AG has begun the sale of parts of its Polish banking operations as the German lender offloads non-core assets and frees up capital, market sources told Reuters. Poland's banking sector has seen a number of mergers and acquisitions, driven by tough competition, low interest rates and efforts by the country's eurosceptic Law and Justice (PiS) party to curb what it saw as excessive foreign ownership. Polish state-controlled insurer PZU and investment fund PFR agreed to buy 33 percent of UniCredit's Pekao, Poland's second biggest bank, in December.
Rating Action: Moody's upgrades long-term local-currency debt and deposit ratings of AO RAIFFEISENBANK to Ba1 from Ba2; outlook stable. Global Credit Research- 26 Apr 2017. London, 26 April 2017-- Moody's ...