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Merger of RZB and RBI under evaluation

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Autor: Bancherul.ro
2016-05-10 11:12

Consolidation of RZB and RBI under evaluation (press release):

Vienna, 10 May 2016.

The Boards of Raiffeisen Zentralbank Österreich AG (RZB) and Raiffeisen Bank International AG (RBI) have resolved to examine a potential consolidation of RZB and RBI.

The objectives of a consolidation of the businesses would be simplification of the corporate structure and adapting the Group more closely to increased regulatory requirements.

No resolutions with respect to implementation have been passed by the respective management bodies.

The evaluation is expected to be completed within six months, in order that the applicable resolutions for implementation may be passed in 2016.

A possible consolidation of RZB and RBI would not affect RBI’s stock exchange listing.

Taguri: Raiffeisen Bank  Raiffeisen Zentralbank Österreich AG (RZB)  Raiffeisen Bank International AG (RBI)  Icredit  

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