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Raiffeisen Bank Polska completes sale of leasing subsidiary

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Raiffeisen Bank Polska completes sale of leasing subsidiary

signedan agreement to sellRaiffeisen-Leasing PolskaSA to parent RaiffeisenBank International AG, the leasing unit said April 1.

As aresult of the transaction, designed to strengthen the capital position ofRaiffeisen Bank Polska, RBI acquired 100% or 1,500,038 shares of the leasingsubsidiary, gaining full control of the company and other units formingRaiffeisen-Leasing Polska Group.

ThePolish lender will continue to cooperate with the leasing company and offer itsleasing products.