- Positive effect on the CET1 ratio of around 10 basis points at group level
- Risk transfer without impact on customer relationships
Raiffeisen Bank International AG (RBI) has securitized a loan portfolio of € 1.2 billion. By means of this synthetic securitization, an institutional investor participates in a portfolio of high-quality loans. The portfolio consists of commercial real estate financings in the Czech Republic, Slovakia, Austria and Germany.
"Securitizations are an important tool to strengthen our capital ratio and improve our return on equity," said Martin Grüll, CFO of RBI.
At group level, the transaction will strengthen the common equity tier 1 ratio by approximately 10 basis points.
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RBI regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 13 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.
Around 47,000 employees service 16.4 million customers through more than 2,100 business outlets, the by far largest part thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Austrian Regional Raiffeisen Banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions.
For further information please contact:
Ingrid Krenn-Ditz (+43-1-71 707-6055, [email protected]) or
Christof Danz (+43-1-71 707-1930, [email protected])