Home > News > World
Monday March 3, 2014 MYT 11:35:57 PM
Monday March 3, 2014 MYT 11:36:49 PM
VIENNA (Reuters) - Raiffeisen Bank International has frozen the sale of its Ukrainian unit, Chief Executive Karl Sevelda told the Austria Press Agency on Monday.
"A possible sale of our Ukrainian unit is... suspended at the moment because of the situation in Ukraine," he said.
Sevelda told Reuters on Friday that bourse rules around RBI's recent capital increase alone were enough to force it to put the sale on hold.
Ukraine said earlier Russia was building up armoured vehicles on its side of a narrow stretch of water near the Ukrainian region of Crimea after President Vladimir Putin said he had the right to invade his neighbour.
(Reporting by Georgina Prodhan; Editing by Michael Shields)
Georgia president says Russia is threat to regional security
Nigeria's Buhari wins historic election landslide
Heavy clashes on Saudi-Yemeni border; Hadi government pleads for troops
Nestlé rewards consumers with biggest promotion ever
The great South Australian adventure
Living away from Malaysia can trigger a lot of different longings
Fun-filled day as children learn to be creative at Bookaroo Festival
TripAdvisor’s Travellers’ Choice Award for Destinations 2015
US Olympic Committee says committed to Boston bid for 2024 Games
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)