Publication Date: 16.09.2020 20:00
EANS-Adhoc: RBI amends proposal for the utilization of net profit for the financial year 2019
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
No Keyword 16.09.2020
Vienna - Vienna, 16 September 2020. In order to comply with the European Central Bank's recommendation on dividends, the Management Board of Raiffeisen Bank International AG (RBI) has decided today to propose to the General Meeting on 20 October 2020 to carry forward the entire net profit for financial year 2019 (EUR 331,662,036.45). Nevertheless, the Management Board intends to reevaluate at the beginning of 2021, in consideration of capital requirements for the coming period, any existing dividend recommendation from regulatory authorities, as well as the economic impact of the COVID-19 crisis, a belated distribution of the stated 2019 net profit at an extraordinary general meeting.
Further inquiry note: John P. Carlson, CFA Group Investor Relations Raiffeisen Bank International AG Am Stadtpark 9
1030 Vienna, Austria ir@rbinternational.com phone +43-1-71707-2089 www.rbinternational.com
end of announcementeuro adhoc
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issuer: | Raiffeisen Bank International AG | |
Am Stadtpark 9 | ||
A-1030 Wien | ||
phone: | +43 | 1 71707-2089 |
FAX: | +43 | 1 71707-2138 |
mail: | ir@rbinternational.com |
- www.rbinternational.com
ISIN: AT0000606306
indexes: ATX
stockmarkets: Luxembourg Stock Exchange, Wien
language: English
Aussendung übermittelt durch euro adhoc
The European Investor Relations Service
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Raiffeisen Bank International AG published this content on 16 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2020 04:09:00 UTC