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Business & Finance

Raiffeisen Bank Intl. has been approached on sale of Polish unit

Published November 17, 2017 Updated November 17, 2017 01:52pm
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By Shoaib Ur RehmanReuters
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VIENNA: Austria's Raiffeisen Bank International has been approached by at least one company interested in buying its Polish unit Raiffeisen Bank Polska, it said on Friday, declining to elaborate.

"We were approached," a spokeswoman said when asked about a potential sale referred to in its announcement of a carve-out of the Polish unit's portfolio of mortgages denominated in foreign currencies, mainly Swiss francs. She declined to specify how many interested parties there were.

 

Copyright Reuters, 2017

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