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BRIEF-Raiffeisen says scope of Polish carve-out not yet finalised
October 6, 2016 / 10:57 AM / a year ago

BRIEF-Raiffeisen says scope of Polish carve-out not yet finalised

Oct 6 (Reuters) - Raiffeisen Bank International :

* CEO Sevelda says a couple of elements are crucial for merger’s exchange rate, and Poland has an influence

* CFO Gruell says will most likely have to keep Polish Swiss franc loan portfolio, which is reflected in merger valuation

* Gruell says exact scope of carving out of Polbank activities has not finally been agreed, do not want to disclose anything until agreement reached

* Sevelda, asked if merger valuation range will change, says the range is broad enough

* Sevelda says management will most likely not propose a dividend for 2016 Further company coverage:

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