Raiffeisen now has enough capital to consider acquisitions

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Following the sale of its Polish bank, Raiffeisen Bank International has enough capital to be able to look at acquisitions, CEO Johann Strobl told an economic reporters’ club on Friday.

Following the sale (of unit Raiffeisen Bank Polska) in Poland we now have a capital ratio at a level where we also have the capacity to look at one thing or another

, Reuters cited him as saying. He named the Czech Republic, Slovakia, Bulgaria, Romania and Serbia as markets where the company is interested in growing.

 

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