Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
6th December 2011
Raiffeisen told to consider dual-listing
Wojciech Kwasniak, deputy head of the Polish financial regulator, KNF, said in a recent interview that Raiffeisen Bank International should consider a secondary listing on the Warsaw market following completion on the acquisition of the 70% stake in Polbank from EFG Eurobank. Kwasniak said: "We are of the opinion that banks which have a substantial position on the local market and finance themselves mostly with local deposits should be very transparent in their activities, and listing serves best in that".
Previously UniCredit who own Pekao Bank agreed to list in Poland as a part of a larger deal with the Polish Authorities.
The combination of Raiffeisen Bank Polska and Polbank will form the sixth largest in Poland by asset size and fourth largest lender with more than 1 million customers. Raiffeisen Bank International is the listed part of the wider Raiffeisen Bank in Austria.