The possibility of a merger of RZB and RBI
Vienna. May 11. – of the Board of Raiffeisen Zentralbank österreich AG (RZB) and Raiffeisen Bank international AG (RBI) decided to investigate the potential merger of RZB and RBI.
the merger of the businesses would have the aim of simplifying the corporate structure and best adaptation of the Group to increased regulatory requirements. presently, the respective boards of the institutions have not made any decisions regarding the implementation of the merger. Assessment of the possibility of a merger plan to be completed within six months so that acceptable solutions with respect to such merging could be adopted in 2016. the Possible merger of RZB and RBI will not affect the listing of securities on the stock exchange.
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Raiffeisen Bank international AG (RBI) regards both Austria, where it is a leading corporate and investment Bank, and Central and Eastern Europe as its home market. 15 markets of the region are covered by subsidiary banks. In addition, the Group includes a number of companies that offer other financial services, for example, in the fields of leasing, asset management, purchasing and acquisitions.
in General, almost 51 700 employees service 14.9 million clients in approximately 2,700 branches, most of which are located in Central and Eastern Europe.
RBI — a fully-consolidated subsidiary of Raiffeisen Zentralbank österreich AG (RZB). RZB indirectly owns around 60.7 per cent of the ordinary shares, the remainder of the shares are in free float. RBI's shares are listed on the Vienna stock exchange. RZB is the Central Bank of the largest Austrian Raiffeisen banking Group and serves as the head office of the entire RZB Group, including RBI.
For more information, please contact Ingrid Ingrid krenn-Diez (Ingrid Krenn-Ditz, +43-1-71 707-6055, [email protected]) or Christoph Danza (Christof Danz, +43-1-71 707-1930, [email protected])
