OREANDA-NEWS. In November 2006, Raiffeisenbank Austria signed an agreement with Raiffeisen Zentralbank Osterreich AG (RZB) on the arrangement of a USD 80 million Subordinated Loan Facility. The loan was successfully approved by the Central Bank of the Russia Federation and included into the bank's Equity Capital.

As a result, Raiffeisenbank's capital as of today amounts to RUR 22 billion (approx. EUR 632.7 million) based on Russian accounting standards.
 
Furthermore Raiffeisen International Bank-Holding AG has decided to increase its subsidiary's share capital by way of an additional capital stock issue amounting to RUR 10.040 billion (approx. EUR 288.7 million).

The registration of the share capital increase is subject to approval by the relevant authorities and is planned for February or March 2007.