This project provides a guarantee for up to 5-years covering equity investments made by Raiffeisen Bank International in its subsidiary in Allbania, Raiffeisen sh. a.
Vienna-based Raiffeisen Bank International (RBI) is a universal banking group that has operated for over 30 years in Central, Eastern and Southeastern Europe (CEE). It is present in 15 markets with a network of retail banks across CEE. RBI’s subsidiary banks abroad are required to maintain reserves at the central banks in their respective jurisdictions, generally based on the volume of customer deposits that these subsidiaries have. This exposure leads to higher risk weights on assets at the consolidated level, resulting in increased capital allocation for country risk exposure. At the consolidated level, the risk weighting determines the amount of equity required to maintain a specified capital adequacy ratio in accordance with European banking regulations.
No contact information available at time of writing.
ACCOUNTABILITY MECHANISM OF MIGA
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