VIENNA, Sept 1 (Reuters) - Raiffeisen International said on Wednesday it was committed to staying in Hungary even though the central bank has said the country might need IMF and EU support if markets sour.
'We have often made clear that we will stay in the Hungarian market,' spokesman Peter Klopf told Reuters.
He also said that the Vienna-based bank, one of the largest operating in emerging Europe, was well capitalised in Hungary with a core tier 1 capital adequecy ratio there of about 9 percent.
(Reporting by Christian Gutlederer; Writing by Sylvia Westall; Editing by Greg Mahlich) Keywords: RAIFFEISEN/ (sylvia.westall@reuters.com; Vienna Newsroom: +43 153 112 256; Reuters Messaging: sylvia.westall.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'We have often made clear that we will stay in the Hungarian market,' spokesman Peter Klopf told Reuters.
He also said that the Vienna-based bank, one of the largest operating in emerging Europe, was well capitalised in Hungary with a core tier 1 capital adequecy ratio there of about 9 percent.
(Reporting by Christian Gutlederer; Writing by Sylvia Westall; Editing by Greg Mahlich) Keywords: RAIFFEISEN/ (sylvia.westall@reuters.com; Vienna Newsroom: +43 153 112 256; Reuters Messaging: sylvia.westall.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.