Raiffeisen Bank International CET1 ratio hit
mostly by falling RUB, less by UAH, Chief Risk Officer Johann
Strobl tells journalists in Vienna.
* Finished impairment test for Russian unit ~2-3 weeks ago,
found no impairment
* Now repeating test because “if a currency falls like that
in few days, of course you have to adapt”
* Results for new impairment test yet to come
* Raiffeisen Bank Polska’s performance “is below what a bank
must earn”
* There are “good reasons” for Poland performance “but the
environment in Poland has become harder”
* Biggest threat in Hungary is over, “a year ago I would have
been happier to sell,” Strobl says
* NOTE: Raiffeisen Said to Seek Buyers for Polish Unit in
Strategy Move
* NOTE: Raiffeisen, SocGen Plummet as Ruble Slide Triggers
Bank Worries