Raiffeisen Bank to start downsizing its business in Russia in summer, CEO says [Yahoo! Finance]
RAIFFEISEN BK IN UNSP/ADR (RAIFY)
NASDAQ:AMEX Investor Relations:
rbinternational.com/ir
Company Research
Source: Yahoo! Finance
the European Central Bank's (ECB) directive for significant downsizing of business operations in Russia. Source: RBC (Russian Business Consulting), a Russian news outlet; Russian media outlet Kommersant Quote: "There is an expectation that the implementation will begin in the third quarter, hardly earlier. Currently, we are formulating a plan and analysing what can be done and what will need to be done. Then we will evaluate the impact it will have on the results (of the group – ed.) for the year," said Strobl during a conference call with analysts. The head of the group also explained that the downsizing of business in Russia involves almost a complete halt to lending - the bank will await repayment of loans already issued and will not issue new ones "with a few exceptions." At the same time, Strobl noted that the RBI considers selling the Russian business "the fastest and most transparent" way to exit the market. He added that, over the past two years, the group has received
Show less
Read more
Impact Snapshot
Event Time:
RAIFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RAIFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RAIFY alerts
High impacting RAIFFEISEN BK IN UNSP/ADR news events
Weekly update
A roundup of the hottest topics
RAIFY
News
- Austria creates €500 million fund to support investment in Ukraine [Yahoo! Finance]Yahoo! Finance
- Russian metals tycoon says US Treasury sanctions against him are 'balderdash' [FOX News]FOX News
- Russian tycoon Deripaska calls latest US sanctions 'balderdash' [Yahoo! Finance]Yahoo! Finance
- Raiffeisen Bank faces U.S. dollar system ban over Russian ties [Yahoo! Finance]Yahoo! Finance
- Morning bid: New stock records jump the CPI gun [Yahoo! Finance]Yahoo! Finance