raiffeisen bank completes sale of belarusian subsidiary shares rise 1.07 percent

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.

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