Raiffeisen expects to retain Addiko banks in Bosnia after Serbian Alta Banka loses licence

Austria's Raiffeisen Bank International (RBI) expects to retain both Addiko Bank subsidiaries in Bosnia and Herzegovina, abandoning its earlier expectation that they would be transferred to Serbia's Alta Group. The change follows the Serbian central bank's decision to revoke Alta Banka's banking licence amid serious concerns over its financial condition and an investigation into possible transfers of funds abroad. Pročitaj više