Previous Close | 10.33 |
Open | 10.34 |
Bid | 10.11 x 0 |
Ask | 10.44 x 0 |
Day's Range | 10.24 - 10.70 |
52 Week Range | 10.04 - 29.40 |
Volume | |
Avg. Volume | 476,501 |
Market Cap | 3.4B |
Beta (5Y Monthly) | 1.60 |
PE Ratio (TTM) | 2.91 |
EPS (TTM) | 3.55 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.15 (9.52%) |
Ex-Dividend Date | Apr 05, 2022 |
1y Target Est | N/A |
Austria's Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications of interest for its Russia operations, the bank's chief said on Wednesday. RBI has been studying strategic options for the business, including a possible withdrawal from Russia, following Russia's invasion of Ukraine. The lender has operated in Russia since the collapse of the Soviet Union 30 years ago.
FRANKFURT (Reuters) -Austria's Raiffeisen Bank International, one of the European banks most exposed to Russia, said on Thursday that it was studying a possible withdrawal from the country. The lender has operated in Russia since the collapse of the Soviet Union 30 years ago and its business there - Russia's No. 10 bank by assets - contributed almost a third to the group's net profit of 1.5 billion euros ($1.7 billion) last year. Since Russia's invasion of Ukraine last month, banks with operations in Russia have been under pressure as investors fear writedowns, business interruption and slower economic growth.
VIENNA/FRANKFURT (Reuters) -Austria's Raiffeisen Bank International (RBI) is looking into leaving Russia, two people with knowledge of the matter told Reuters, a move that would make it the first European bank to do so since the country's invasion of Ukraine. Such a decision, which could see one of central and eastern Europe's biggest banks quit both Russia and Ukraine, is not imminent, but could be triggered if its businesses in those countries need further cash or capital, one of the people said. RBI has operated in Russia since the collapse of the Soviet Union thirty years ago and its business there - Russia's No. 10 bank by assets - contributed almost a third to the group's net profit of 1.5 billion euros ($1.7 billion) last year.