Over 60 participants attend RBI Investor Day in London
Vienna, 16. March 2017 – Raiffeisen Bank International AG (RBI) held a presentation today in London for institutional investors and analysts from the world's major financial centers.
Vienna, 16. March 2017 – Raiffeisen Bank International AG (RBI) held a presentation today in London for institutional investors and analysts from the world's major financial centers. The event has taken place on the day following publication of the full year results for several years. This year it was again met with a great deal of interest among the more than 60 participants. Karl Sevelda, RBI's Chief Executive Officer, delivered a positive assessment of the transformation program launched in 2015: "With a fully loaded CET1 ratio of 13.6 per cent, we have not only reached our target of at least 12 per cent by the end of 2017 ahead of schedule, but have also significantly exceeded it."
The CEO designate, Johann Strobl, who is currently still Chief Risk Officer of RBI, elaborated: "The decline in loan loss provisions, the withdrawal from those activities which do not form part of the core business, and the repositioning in several markets have made a substantial contribution to the improvement in the capital ratio." Additionally, Martin Grüll (Chief Financial Offier) gave a detailed review of the 2016 financial results for RBI, and for the combined bank on a pro forma basis. CRO designate, Hannes Mösenbacher, was present for the first time.
In the subsequent discussion session, RBI's management addressed further questions from the attending equity and debt investors, equity and credit research analysts as well as rating analysts. At the end of the event, the Management Board was available for bilateral discussions.
Currently, 26 equity analysts and 20 credit research analysts provide investment recommendations on RBI. This makes RBI the Austrian company with by far the largest number of research houses regularly reporting on it.
The entire event can be viewed as a webcast on the RBI website from 5 p.m. (CET) at www.rbinternational.com → Investor Relations → Events
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Raiffeisen Bank International AG (RBI) regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 14 markets of the region are covered by subsidiary banks. Additionally, the Group comprises numerous other financial service providers, for instance in the fields of leasing, asset management, as well as mergers and acquisitions.
In total, about 48,500 employees service 14.1 million customers through approximately 2,500 business outlets, the great majority of which are located in CEE.
RBI is a fully-consolidated subsidiary of Raiffeisen Zentralbank Österreich AG (RZB). RZB indirectly owns around 60.7 per cent of the shares, the remainder is in free float. RBI's shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group, and serves as the head office of the entire RZB Group, including RBI.
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