Chairman of Austria's RBI says no point in scrapping dividend

Newswire

VIENNA, Oct 31 (Reuters) - The chairman of Austria's Raiffeisen Bank International said he sees no point in scrapping dividends to build up capital, he told Reuters on Thursday. Walter Rothensteiner - who is also chief executive of unlisted Raiffeisen Zentralbank, which owns 78 percent of RBI - said banks would only alienate their shareholders by taking such measures. "You would probably have to pay no dividend for 10 years, and then no one would give you any ...

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