Austria's RBI completes merger with RZB
Vienna-based Raiffeisen Bank International (RBI) has completed its merger with Raiffeisen Zentralbank Цsterreich (RZB), and will trade under the name Raiffeisen Bank International. RZB shareholders were issued with new shares by way of consideration for assets transferred, which will be listed on the Vienna stock exchange from 20 March.
20.03.2017

Vienna. 18 March. - The merger of Raiffeisen Zentralbank Цsterreich AG (RZB) and Raiffeisen Bank International AG (RBI) was entered in the commercial register today and has thereby taken effect. In the course of the RBI capital increase, which was also entered in the commercial register today, the shareholders of RZB were given new shares by way of consideration for the assets transferred in the merger. The total number of RBI shares issued is therefore now 328,939,621 compared to 292,979,038 previously. The new shares will be listed on the Vienna Stock Exchange from 20 March 2017 under the same ISIN (AT0000606306) as the existing shares.

The appointment of the new Management Board also takes effect today, the composition of which is as follows: Johann Strobl (CEO), Klemens Breuer (Deputy CEO and Retail Banking & Markets), Martin Grьll (CFO), Andreas Gschwenter (COO/CIO), Peter Lennkh (Corporate Banking) and Hannes Mцsenbacher (CRO).

The combined bank will operate under the name of Raiffeisen Bank International AG, as was previously the case for RBI.

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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 M&A.

In total, around 50,000 employees service 17.0 million customers through around 2,500 business outlets, thereof a majority in CEE. RBI's shares are listed on the Vienna Stock Exchange. The regional Raiffeisen banks own around 58.8. per cent of the shares, the remainder is in free float. Within the Raiffeisen Banking Group (RBG), RBI is the central institute of the regional Raiffeisen banks and other affiliated credit institutions and renders important services in this function.

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