RBI Intends to float shares of Raiffeisen Bank Polska S.A.

Raiffeisen Bank Polska S.A., a wholly owned subsidiary of Raiffeisen Bank International AG (RBI), has  announced its intention to float shares by way of an Initial Public Offering (IPO) on the Warsaw Stock Exchange.

In relation to the approval of the acquisition of Polbank shares, RBI made a commitment to the Polish Financial Supervisory Authority to float 15 per cent of the shares of Raiffeisen Bank Polska S.A. on the Warsaw Stock Exchange.

The terms and timing depend on market conditions and cannot yet be communicated.