Company Overview of Raiffeisen Zentralbank Österreich Aktiengesellschaft
Raiffeisen Zentralbank Österreich Aktiengesellschaft, together with its subsidiaries, provides commercial and investment banking products and services to individuals, multinational companies, and financial service providers. It also provides corporate finance, and export and trade financing solutions; and private banking, capital investment, leasing and real estate, and other bank-related services, as well as services related to mergers and acquisitions, privatization and consulting, equity capital participations, real estate development, project management, and fund management. In addition, the company is involved in the cash and asset management, and treasury activities; and provision of r...
Am Stadtpark 9
Founded in 1927
Key Executives for Raiffeisen Zentralbank Österreich Aktiengesellschaft
Chairman of The Managing Board
Chief Executive Officer of Raiffeisen Bausparkasse
Chief Risk Officer and Member of the Management Board
Head of Treasury Capital Markets
Compensation as of Fiscal Year 2013.
Raiffeisen Zentralbank Österreich Aktiengesellschaft Key Developments
Raiffeisen Zentralbank Österreich AG Announces Consolidated Earnings Results for the First Half of 2013
Aug 28 13
Raiffeisen Zentralbank Österreich AG announced consolidated earnings results for the first half of 2013. For the half year, the company earned a profit before tax was EUR 573 million. This represents a decline of EUR 359 million on the comparable period, mainly due to one-off effects in 2012. Profit after tax dropped from EUR 733 million to EUR 419 million and consolidated profit fell from EUR 497 million to EUR 248 million. Operating income reached EUR 2,825 million, up EUR 159 million. Return on equity before tax fell by 6.7% points to 9.5%. The main reason for this was the significant, 38.5% decline in profit before tax compared to the same period of last year, combined with the slightly lower average equity. Net interest income increased by 8% compared to the same period of 2012, rising by EUR 142 million to EUR 1,939 million.
Raiffeisen Bank Mulls Financing And Partners
Jul 29 13
Raiffeisen Bank International AG (WBAG:RBI) is seeking funds from possible investors in order to improve its capital base. Karl Sevelda, Chief Executive Officer of Raiffeisen Bank, said, "In addition to a capital increase, it is imaginable to bring in a partner, for example a Middle Eastern wealth fund," Wirtschaftsblatt reported. However, He declined to comment about the possibility of a capital increase this year beyond reiterating the concerns of his predecessor that a capital increase at the current low share price would dilute the holdings of its main shareholder and parent bank, Raiffeisen Zentralbank Österreich Aktiengesellschaft, which holds under 79% of the bank. Overlapping regulatory requirements such as Basel III, Austrian bank supervisory requirements and requirements from the European Banking Authority make it unclear how much capital the bank actually needs to raise, Sevelda said adding that he would like to discuss this with the relevant authorities.
Raiffeisen Zentralbank Österreich Aktiengesellschaft Reports Earnings Results for the Year 2012
Apr 19 13
Raiffeisen Zentralbank Österreich Aktiengesellschaft reported earnings results for the year 2012. For the year, the company reported profit before tax of €905 million Compared to the previous year, that represented a decline of 20.9% or €239 million. The profit before tax was mainly determined by the decline in the operating result (minus 16.0 per cent) and valuation results. One-off effects from sales and repurchases of hybrid bonds offset the decline by €276 million. Net interest income was declined by 1.5% or €54 million to €3,531 million. A strong decline was mainly seen in interest income from loans and advances to banks. Due to a reduction in excess liquidity, this income was declined by €117 million to €267 million. Net income from companies accounted for using the equity method amounted to €42 million, with this increase mainly stemming from the investment in UNIQA Versicherungen AG.
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