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Liechtensteinische Landesbank (LLB) is in a strong position with a market capitalization of 2.3 billion euros and a share price of 74.00 euros, despite a slight monthly decline of 1.67%. Over the past year, the share has increased by 13.36%, indicating solid growth in a competitive banking sector. A recent analysis suggests shareholders should consider their options carefully.
Renate Fürst has made history as the first local chairwoman of Raiffeisen St. Georgen am Walde, succeeding Josef Raffetseder, who led the bank since 1996. Under Raffetseder's tenure, the bank expanded significantly, now comprising nine branches with over 6,000 owners. Upcoming plans include a major renovation of the bank's building in February 2025 and a transition to a full-time board system.
Erwin Hameseder, Chairman of Raiffeisen Holding, has been named Austria's most important manager for the second consecutive year, according to Industriemagazin's annual ranking. Hameseder, who has led Raiffeisen-Holding Niederösterreich-Wien since 2012, is recognized for his extensive networking and vision for European independence.Following him are Verbund CEO Michael Strugl in second place and UNIQA CEO Andreas Brandstetter in third, noted for his impactful withdrawal from Russia. Infineon CEO Sabine Herlitschka remains the highest-ranked woman at fourth, with OMV CEO Alfred Stern close behind.
Raiffeisen Bank International (RBI) has successfully completed the sale of its Belarusian subsidiary, Priorbank JSC, marking its exit from the Belarusian market. Following this announcement, RBI shares rose by 1.07% to €18.34, reflecting a strong annual increase of 19.87% and a monthly gain of 9.31%. The company's market capitalization is currently €6.1 billion.
Raiffeisen Bank shares rose to EUR 18.02, crossing the 200-day moving average on November 29, 2024, despite a long-term downtrend since November 27. The stock has gained 2.00% during this period, with a potential upside of 4.72% towards the 6-month high of EUR 18.87. The bank's model portfolio has averaged a 27.8% annual return since 1999.
Raiffeisen Bank International AG has completed the sale of Priorbank JSC to Soven 1 Holding, a transaction initially announced in February 2024. CEO Johann Strobl highlighted the sale as a key move to reduce risk in Eastern Europe, acknowledging the dedication of Priorbank's staff since 2003. The transaction will negatively impact the Group's Common Equity Tier 1 ratio by 5 basis points and result in a loss of approximately EUR 830 million recognized in discontinued operations.
Reinhard Wolf, the long-standing Chairman and CEO of RWA Raiffeisen Ware Austria, will depart at the end of November 2024, transitioning to focus on his role at BayWa. Johannes Schuster, who has been CEO since January 2024, will succeed him on December 1, 2024, alongside Christoph Metzker. Wolf's tenure saw significant advancements, including the expansion of agricultural operations in Central and South Eastern Europe and a major acquisition in Serbia.
Reinhard Wolf will step down as Chairman of the Management Board and CEO of Raiffeisen Ware Austria AG on November 30, succeeded by Johannes Schuster in December. Wolf plans to focus on his role at BayWa, where he will assist until a new management team is appointed amid ongoing challenges.
Investors who purchased Raiffeisen shares a year ago at EUR 15.41 would see their investment of EUR 10,000 grow to EUR 11,778.07, reflecting a 17.78% increase, as the shares are currently valued at EUR 18.15. Raiffeisen's total market worth is now EUR 5.81 billion.
Reinhard Wolf, the long-serving Chairman and CEO of Raiffeisen Ware Austria (RWA), will depart from the company on November 30, 2024. Johannes Schuster, currently a member of the Board of Management, will succeed him, allowing Wolf to focus on his responsibilities at BayWa.
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liechtensteinische landesbank shares show growth potential despite recent decline
14:54 30.11.2024
historic leadership change at raiffeisen bank in st georgen am walde
Raiffeisenbank
AUT
Armin Josef Raffetseder
Albertine Renate Fürstin von Hohenlohe-Kirchberg
Patrick Rosinger
Franz Hahn
Franz Hackl
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12:40 30.11.2024
Erwin Hameseder named Austria's most important manager for second consecutive year
Euro
RAIFFEISEN-HOLDING NIEDERÖSTERREICH- WIEN eG
OMV
UNIQA
VERBUND AG
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AUT
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07:00 30.11.2024
raiffeisen bank completes sale of belarusian subsidiary shares rise 1.07 percent
01:56 30.11.2024
Raiffeisen Bank shares rise above 200-day moving average signaling potential recovery
00:28 30.11.2024
Raiffeisen Bank International Completes Sale of Priorbank JSC to Soven 1 Holding
Euro
Raiffeisen Bank International AG
BLR
AUT
Andrea Pelinka-kinz
Johann Strobl
Christof Danz
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16:15 29.11.2024
leadership transition at rwa as johannes schuster succeeds reinhard wolf
RWA Raiffeisen Ware Austria AG
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AUT
Johannes Schuster
Reinhard Wolf
Christoph Di Metzker
Michael Göschelbauer
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12:52 29.11.2024
Raiffeisen Ware Austria appoints Johannes Schuster as new CEO
Euro
BayWa AG
Raiffeisen Ware Austria AG
AUT
DEU
Johannes Schuster
Reinhard Wolf
Christoph Di Metzker
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11:01 29.11.2024
Raiffeisen shares yield 17.78 percent profit for investors over past year
11:00 29.11.2024
management transition at raiffeisen ware austria as wolf steps down
10:26 29.11.2024
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