VIDEO: Raiffeisen Bank Halts Sale Of Hungary Unit – Sources

Austrian lender Raiffeisen Bank International has decided not to sell its Hungarian unit at this stage, two sources familiar with the situation told Reuters on Wednesday, after media reports that such a deal could be imminent. Raiffeisen, central and eastern Europe’s second-biggest lender, had said in November it was reviewing offers for its loss-making Hungarian business as it focuses on more promising markets in the region.

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