RZB and RBI merge

The Executive and Supervisory boards of Raiffeisen Zentralbank Österreich AG (RZB) and Raiffeisen Bank International AG (RBI) adopted a decision in principle on the merger of RZB and RBI. It will define the ranges of preliminary evaluation units will be merged. The merged company will continue to be listed on the stock exchange.


The transaction includes the functions of RZB as the central institution of the Austrian Raiffeisen Banking Group and RZB shares, excluding the planned partial sale of UNIQA shares. All contributions to earnings and net revenue estimates relating to the share being sold are removed from the financial statement of income and expenditure, but recognised in total capital. Core capital ratio Tier 1 (fully loaded) of the connected entities, based on the pro forma budget would be 11.3% as at 30 June 2017.

The Extraordinary General Assembly of the RBI, which is expected to vote on the merger, which requires a majority of 75% of the present share capital is planned for January 24, 2017.

Leave a Reply

Your email address will not be published.