Raiffeisen says merger valuations will be based on H1 figures

Industry:    2016-08-19

Raiffeisen Bank International :

* CEO Sevelda says in conference call no decision has been taken by management on merger with RZB

* Sevelda says we believe we will have fully absorbed the problems in Asia this year

* Sevelda says basis of valuations for merger with RZB will be H1 results

* Sevelda says we will give a range for exchange ratio for merger in Sept

* Sevelda says too early to comment on whether will have to take valuation losses on Polbank sale Further company coverage:


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