DGAP-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Miscellaneous
Vienna, 17 November 2017. Raiffeisen Bank International AG (RBI) intends to carve out the FX retail mortgage loan portfolio (FX Portfolio) held by Raiffeisen Bank Polska S.A. (RBPL) and eventually transfer this portfolio to RBI. According to the current understanding with the Polish Financial Supervision Authority (KNF) the carve-out is expected to be completed prior to the listing of the shares in RBPL on the Warsaw Stock Exchange, the deadline for which is 15 May 2018. As an alternative option RBI is also considering the sale of a majority stake in RBPL's core banking operations (without FX Portfolio). RBI's commitment to the KNF to list the shares in RBPL on the Warsaw Stock Exchange may be fulfilled by an initial public offering of at least 15 per cent of RBPL shares to free float investors or through a sale of a majority stake in RBPL's core banking operations. For more information, please contact: Susanne E. Langer Head of Group Investor Relations Spokesperson Raiffeisen Bank International AG Am Stadtpark 9 1030 Vienna, Austria ir@rbinternational.com phone +43-1-71 707-2089 www.rbinternational.com
17-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Raiffeisen Bank International AG |
Am Stadtpark 9 | |
A-1030 Vienna | |
Austria | |
Phone: | +43-1-71707-2089 |
Fax: | +43-1-71707-2138 |
E-mail: | ir@rbinternational.com |
Internet: | www.rbinternational.com |
ISIN: | AT0000606306 |
WKN: | A0D9SU |
Listed: | Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market) |
End of Announcement | DGAP News Service |
630471 17-Nov-2017 CET/CEST