Raiffeisen Bank International AG (RBI) has securitized a loan portfolio worth € 4.1 billion. It consists of loans to corporates mainly in Germany, Slovakia and Austria and is the largest portfolio which has been securitized by RBI so far. In this synthetic securitization, the portfolio was split into a senior, a mezzanine and a junior risk position. The credit risk of the mezzanine tranche was assumed by international institutional investors. RBI retains the credit risk of the junior and senior tranches. Thanks to this securitization structure, the transaction has no impact on customer relations.

At group level, the transaction will strengthen the common equity tier 1 ratio by approximately 21 basis points.

"Securitizations are an important instrument to strengthen our capital ratio. We have chosen a structure that does not affect our customer relationships and supports the RBI Group's growth through the transfer of risk," said RBI-CFO Michael Höllerer.

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Raiffeisen Bank International AG published this content on 10 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2021 11:01:09 UTC.