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| Name | Symbol | Market | Type |
|---|---|---|---|
| Raiffeisen Bank International AG (PK) | USOTC:RAIFY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.11 | -2.45% | 4.38 | 4.02 | 4.74 | 4.39 | 4.38 | 4.39 | 1,066 | 21:10:15 |
From Jun 2021 to Jun 2024
By Joshua Kirby
Raiffeisen Bank International AG said Monday that it has agreed to divest its Bulgarian business to Belgium's KBC Group NV for just over 1 billion euros ($1.14 billion).
The sale of the subsidiary to KBC Bank for EUR1.015 billion will add around 90 basis points to Raiffeisen's CET1 ratio and will allow it to allocate extra capital to spur growth in key markets, the Austrian lender said.
The transaction should close by mid-2022, Raiffeisen said.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
November 15, 2021 02:17 ET (07:17 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Raiffeisen Bank (PK) Chart |
1 Month Raiffeisen Bank (PK) Chart |
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