RBI securitizes € 1.2 billion Slovak loan portfolio

Raiffeisen Bank International AG (RBI) has entered into the securitization of a € 1.2
billion loan portfolio of its Slovak subsidiary bank Tatra banka, consisting of corporate
loans and project financing. The synthetic securitization was tranched into a senior,
mezzanine and a junior risk position. The credit risk of the mezzanine tranche was sold
to a European institutional investor, while RBI AG kept the credit risk of the junior and
senior tranche. Due to this securitization structure, the transaction doesn’t impact
client relations.

On a group level, the transaction strengthens the common equity tier 1 ratio (fully
loaded) by around 12 basis points.

“Securitizations are an important instrument for strengthening our capital ratio. We
chose an innovative structure which doesn’t affect our client relations and supports
our growth on group level due to the risk transfer,” says Martin Grüll, CFO of RBI.