UPDATE 1-Raiffeisen losses push RLB NOe-Wien into red

April 13, 2015 11:48 AM

57 0

* Says will work to offset impact of RZB dividend absence (Adds comments from news conference)

VIENNA, April 13 (Reuters) - Austrian regional lender Raiffeisenlandesbank Niederoesterreich-Wien aims to cut costs to help cushion the blow from the Raiffeisen group's loss-making arm in emerging Europe, it said on Monday.

Also read: Fitch lowers Italy's credit rating to 1 notch above junk

Read more

To category page