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Austria’s Raiffeisen Bank gets 12 offers to buy its Ukrainian subsidiary
Journal Staff Report

KIEV, Feb. 12 - Raiffeisen Bank International received 12 offers to acquire its subsidiary bank in Ukraine – Raiffeisen Bank Aval, RBI Head Karl Sevelda said in an interview with the Die Presse publication.

"We're in talks with the interested sides. Initially we had 12 offers, but we rejected some of them. Some of the interested sides are conducting preliminary valuation," Sevelda said.

He did not disclose the potential cost of the bank, but he said that its balance sheet value is around EUR 820 million.




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