Austria's RBI sells Belarus bank at a loss to UAE investor
Austria's Raiffeisen Bank International will exit the Belarusian market with the sale of Priorbank JSC, it said on Friday, announcing an agreement with Soven 1 Holding Limited, which will buy the bank's 88% stake in the business.
EQS-Adhoc: Raiffeisen Bank International AG: RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited
Disposal Raiffeisen Bank International AG: RBI signs agreement on the sale of Priorbank JSC to Soven 1 Holding Limited 20-Sep-2024 / 11:14 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014,
Raiffeisen Bank International Signs Pact on Sale of Priorbank JSC to Soven 1 Holding Ltd
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Austria's RBI bank exits Belarusian market with sale of Priorbank JSC
Austria's Raiffeisen Bank International will exit Belarus with the sale of Priorbank JSC, it said on Friday, announcing an agreement with Soven 1 Holding, which will buy the bank's 88% stake in the business.
Raiffeisen stamps deal with Soven 1 Holding to sell Priorbank JSC
Raiffeisen Bank International (RBI) has agreed to sell its 87.74% ownership in Priorbank JSC and its subsidiaries to Soven 1 Holding Limited, concluding the negotiations that started on 14 February 2024.
Food or Fed: What will RBI choose in October?
Historically, the US Federal Reserve sets the tone for monetary policies around the world. However, countries, including ...
New-look RBI's MPC set to take rate call amid cuts by global banks
Governor, deputy governor in charge of monetary policy, and one more officer from RBI who is nominated by the central board ...
RBI Governor: Monitoring for any signs of stress in banking sector
Shaktikanta Das, the Governor of the Reserve Bank of India, spoke at length about the strict regulation of the NBFC sector, ...
PSBs to pitch in for faster settlement of unclaimed deposits, suggest steps to RBI
Public sector banks in India will propose measures to the Reserve Bank of India to expedite the return of unclaimed deposits.
Why banking stocks will continue to struggle even if RBI follows Fed's 50 bps rate cut path
Banking stocks pain is set to continue in the near-term due to trailing margins, sluggish deposit growth, and widening CDR ...
devdiscourse2d
RBI Projects Accelerated Household Consumption Growth in FY 2024-25
India is set for a surge in household consumption in Q2 FY 2024-25, driven by easing inflation and a revival in rural demand, ...
RBI tells banks to take legal recourse in standoff with CBI
The Reserve Bank of India has advised banks to seek legal remedies in disputes with the CBI over fraud cases. This follows ...
RBI imposes monetary penalty on Axis Bank and HDFC Bank—here’s why
The Reserve Bank of India (RBI) has imposed a Rs 2.91 crore penalty on Axis Bank and HDFC Bank for failing to comply with ...
Axis Bank held a contest. But RBI isn't playing
The regulator has informed the bank that such a scheme violates existing regulatory guidelines. According to the regulator’s ...
The Financial Express11d
RBI imposes huge penalty on Axis Bank and HDFC Bank – Here’s why
HDFC Bank was fined Rs 1 crore for failing to comply with directives regarding 'Interest Rate on Deposits,' 'Recovery Agents ...
RBI Forecasts Record-Breaking IPO Activity in September
As Indian stock markets remain resilient amid global challenges, September is set to be the busiest month for initial public ...