Locked content KNF obligations regarding IPO have not changed – Raiffeisen CEO

According to Raiffeisen CEO, which owns Raiffeisen Polbank, Johann Strobl, said that the Polish Financial Supervision Authority did not expand the banks’ obligation regarding its IPO after postponing the date to May 2018. “The Polish regulator had not tightened the conditions. We want to fulfi...

Locked content PKO BP and Alior bid to buy Raiffeisen’s local unit – Reut...

State-run Polish lender PKO BP  and Alior Bank  have filed bids to buy the local unit of Austria’s Raiffeisen as part of the government’s plan to increase control over the banking sector, a source familiar with the sale told Reuters. The source said PKO BP, Poland’s largest lender ...

Locked content PZU considers taking over Pekao and Raiffeisen Polska

Poland’s state-run insurer PZU will consider taking over Bank Peako, owned by Italy’s Unicredit and the Polish unit of Austria’s Raiffeisen, PZU’s CEO Michał Krupiński told Dziennik Gazeta Prawna daily. “As PZU we will be considering taking over Pekao and Raiffeisen,...

Locked content Poland interested in stakes in UniCredit and Raiffeisen Polbank

Poland would be interested in buying UniCredit and Raiffeisen Polish units, to increase control over the banking sector, which is currently 60-percent owned by foreign investors, Poland’s Treasury Minister Dawid Jackiewicz said on Thursday. According to the official, Poland is interested in po...

Locked content Raiffeisen aims to sell Polbank to locally listed lender

Austria’s Raiffeisen Bank International aims to sell its Polish unit Polbank to a bank listed in Poland, its chief financial officer said on Thursday. Poland’s financial regulator has given RBI until the end of 2016 to sell Polbank, which the Austrian bank plans to first strip of its Swi...

Locked content KNF: Raiffeisen must sell a part of Polbank portfolio or enter WSE

The Financial Supervision Authority (KNF) has approved Raiffeisen Polbank’s declaration, which allows Raiffeisen to sell part of its Polish unit, without its Swiss franc-denominated loan portfolio, to a Warsaw-listed bank till the end of 2016, KNF informed. Moreover, the KNF has allowed Raiffe...

Locked content Raiffeissen proceeds with Polbank share sale

Polish daily Puls Biznesu said Raiffeisen Bank has filed a prospectus with the Polish financial regulator KNF to float 15 percent of its Polbank unit in Warsaw. In 2012, the KNF agreed for the takeover of Polbank by Raiffeisen under the condition that Raiffeisen Polbank will be traded on the WSE by ...

Locked content EBRD provides PLN 255 million loan to Raiffeisen-Leasing Polska

Small and medium-sized enterprises (SMEs) in Poland will benefit from a PLN 255 million (€60 million) loan provided by the European Bank for Reconstruction and Development (EBRD) to Raiffeisen-Leasing Polska for on-lending to entrepreneurs who are seeking to reduce their energy costs with new and mo...

Locked content Raiffeisen mulling IPO of its Polish unit

Austrian Raiffeisen is considering floating a significant part of its Polish unit Raiffeisen Polbank on the Warsaw Stock Exchange according to Reuters. “In Poland we are currently focusing on the preparation of the IPO. The size, structure and timing of the IPO are still open. The agreement wi...