RBI: Extraordinary General Meeting approves merger with RZB

25.01.2017

The Extraordinary General Meeting of Raiffeisen Bank International AG (RBI) has approved the merger
with Raiffeisen Zentralbank Österreich AG (RZB) by a clear majority.

 

The Extraordinary General Meeting of Raiffeisen Bank International AG (RBI) has approved the merger with Raiffeisen Zentralbank Österreich AG (RZB) by a clear majority. “The merger of RZB and RBI eliminates the minority deduction from capital and leads to an immediate improvement in the common equity tier 1 ratio of the ultimate group”, said Karl Sevelda, CEO of RBI.

Shareholders also approved the capital increase related to the merger. RBI's share capital will be increased by EUR 109,679,778.15, from EUR 893,586,065.90 to EUR 1,003,265,844.05 through issuance of 35,960,583 new no par value common bearer shares.

The merged company will – as previously the case for RBI – operate under the name of Raiffeisen Bank International AG, and RBI shares will continue to be listed on the Vienna Stock Exchange. The number of shares issued will increase to 328,939,621.

The Extraordinary General Meeting of RBI is available in English and German as a webcast on the internet under: http://webcast.a1.net/aohv_rbi_2017/en/

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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, around 51,000 employees service 14.2 million customers through around 2,600 business outlets.

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.


For further information please contact:
Ingrid Krenn-Ditz (+43-1-71 707-6055, ingrid.krenn-ditz@rbinternational.com) or
Christof Danz (+43-1-71 707-1930, christof.danz@rbinternational.com)
http://www.rbinternational.com, http://www.rzb.at