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Raiffeisen Bank International AG

M&A Activity Nov 2, 2016

756_rns_2016-11-02_db237078-8b85-4f3a-b64a-0954d32e6fcc.html

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News Details

Ad-hoc | 2 November 2016 23:31

Raiffeisen Bank International AG: Agreement on sale of Polish leasing business to PKO Leasing S.A.

Raiffeisen Bank International AG / Key word(s): Miscellaneous

02.11.2016 23:31

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Vienna, 2 November 2016. Raiffeisen Bank International AG (RBI) has reached
an agreement on the sale of its leasing company - Raiffeisen Leasing Polska
S.A. - with PKO Leasing S.A. The purchase price equates to around EUR 200
million (PLN 850 million).

The closing should still follow in 2016. The expected positive effect on
RBI's consolidated result would be around EUR 30 million and would be
booked at closing.

The transaction will have a positive effect of around 33 basis points on
RBI's CET1 ratio (fully loaded). The effect would amount to around 28 basis
points for the combined bank (Raiffeisen Zentralbank Österreich AG and
RBI).

With the closing of the transaction, RBI's risk-weighted assets (RWA) are
expected to be reduced by approximately EUR 1,290 million. At 30 June 2016,
the tangible equity of Raiffeisen Leasing Polska amounted to EUR 150
million; equity incl. intangible assets totaled EUR 153 million.

For more information, please contact:

Susanne E. Langer
Head of Group Investor Relations
Spokesperson
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
[email protected]
phone +43-1-71 707-2089
www.rbinternational.com

02.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Raiffeisen Bank International AG
Am Stadtpark 9
A-1030 Vienna
Austria
Phone: +43-1-71707-2089
Fax: +43-1-71707-2138
E-mail: [email protected]
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Luxemburg, SIX, Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News-Service


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