Raiffeisen to re-start Polbank sale

Raiffeisen Bank International (RBI) will put its Polish unit, Raiffeisen Polbank on sale again within a few days, according to Reuter's market sources. "Raiffeisen will come onto the market again," a senior banking source told reuters. Another person revealed that the lender has made inquiries to the investment banking department at Citi to send out teasers to potential buyers this or next week. Recently, the Russian media reported that RBI might be selling its Russian unit instead of the Polish one due to the fact that Polbank has been recording worse results and the risks of the sector in Poland (the introduction of the banking tax and conversion of CHF-denominated loans) is rising.