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Announced

Raiffeisen to acquire Equa bank from AnaCap Financial Partners.

Synopsis

Raiffeisen, a universal bank, agreed to acquire Equa bank, a non-cash commercial bank operating in the Czech Republic, from AnaCap Financial Partners, a specialist financial services private equity investor. Financial terms were not disclosed. The acquisition of Equa bank is expected to have an impact on RBI’s CET1 ratio of approx. 30 basis points (based on a pro-forma CET1 consolidation as of year-end 2020). The final impact is subject to completion accounts at closing.

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