RLB NOe-Wien swings to 2014 loss, has 12.2 pct CET1 ratio

April 13, 2015 8:01 AM

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VIENNA, April 13 (Reuters) - Austrian regional lender Raiffeisenlandesbank Niederoesterreich-Wien (RLB NOe-Wien) swung to a 2014 loss of 273 million euros ($289 million) as troubles at the Raiffeisen group's emerging Europe arm hit home.

RLB NOe-Wien, which easily passed stress tests of big euro zone lenders last year when it came under direct supervision of the European Central Bank, reported a group common equity tier 1 ratio of 12.2 percent of risk-weighted assets at end-2014.

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