Raiffeisen Bank International AG (RBI) has one Agreement to acquire 100 percent of the shares in Equa bank (Equa bank as and Equa Sales and Distribution sro) from AnaCap Financial Partners (AnaCap) through its Czech subsidiary Raiffeisenbank as. AnaCap is a private equity firm specializing in financial services Investor. The transaction is subject to a successful Graduation and regulatory approvals. Check the news Raiffeisen Bank International AG RBI signs contract to acquire the Czech Equa bank on Switzerland based Luxury Lifestyle Magazine- Kenleaks Magazine.
The acquisition of Equa bank is expected to increase the CET1 ratio of RBI decrease approximately 30 basis points (based on a pro forma CET1 Consolidation at the end of 2020). The final impact depends on the closing balance at the time of closing.
Equa bank focuses on and supports the consumer credit business almost 480,000 customers. The intended acquisition is part of the RBI strategy, to expand their presence in selected markets. The business models of Equa bank and Raiffeisenbank complement each other very well, which is why the acquisition im The end result is strategic synergies and an improved digital offering would lead. Equa bank’s total assets were over EUR at the end of 2020 2.8 billion, while Raiffeisenbank as has total assets of EUR 15.7 Billions.
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