Raiffeisen Bank International (RBI) has successfully sold its Belarusian subsidiary, Priorbank JSC, to Soven 1 Holding, thereby exiting the Belarusian market completely.
This strategic move was finalized on November 29, 2024, after obtaining all necessary regulatory approvals.
Following this announcement, RBI shares experienced a positive market reaction, increasing by 1.07% to €18.34.
The bank's stock has performed well in the past year, with a 19.87% increase and a significant monthly gain of 9.31%.
Currently, RBI's market capitalization is €6.1 billion.
Investors are now assessing whether to buy or sell shares, as recent analyses indicate a need for action among shareholders.
The latest insights suggest that potential investors should carefully consider their options in light of the bank's recent developments.