Today, the shares of Raiffeisen International Bank-Holding AG(Raiffeisen International) opened at€ 70.25, surpassing the € 10 billion threshold in market capitalisation for the first time (this threshold would have been surpassed already at € 70.05). The market capitalisation is calculated by the amount of issued shares (142.77 million) multiplied by the share-price. With this value Raiffeisen International clearly belongs to the so-called"Large-Caps".
Raiffeisen International floated on 25 April 2005 with an issue price of€ 32.50 and a resulting market capitalisation of € 4.64 billion. In less than ten months the share price soared by about 116 per cent.
Raiffeisen International operates one of the leading banking networks inCEE with 16 subsidiary banks and many leasing companies in 16 markets.9.2 million customers are attended to through 2,400 business outlets.Representative offices in Lithuania and Moldavia complement the group''spresence in the region. Raiffeisen International is a fully consolidatedsubsidiary of Raiffeisen Zentralbank ?sterreich AG (RZB), which owns 70per cent of the common stock. The remaining 30 per cent is free float,the shares are traded on the Vienna Stock Exchange. RZB is a leadingcorporate and investment bank in Austria and the central institution ofthe Austrian Raiffeisen Banking Group, the country''s most powerfulbanking group.
For further information please contact Michael Palzer (+43.1/71707-1504, firstname.lastname@example.org) or Lars D. Hofer (+43.1/71 707-1930,email@example.com).