UPDATE 1-Raiffeisen Bank International agrees to sell Zuno Bank unit

September 24, 2015 1:44 PM

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VIENNA, Sept 24 (Reuters) - Austria's Raiffeisen Bank International (RBI) said on Thursday it had agreed to sell its Zuno Bank unit in the Czech Republic and Slovakia, part of RBI's planned overhaul aimed at shrinking its balance sheet and boosting its capital ratios.

The sale was agreed with Luxembourg-based ABH Holdings SA, parent company of Russia's Alfa Banking Group, RBI said in a statement.

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