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Wednesday, November 18, 2009
Raiffeisen Raised To Neutral At Goldman Sachs
By Polya Lesova
MarketWatch Pulse
FRANKFURT -- Raiffeisen International Bank Holding AG was upgraded to neutral and removed from the sell list at Goldman Sachs. The bank cited signs of macroeconomic and credit quality stabilization across Central and Eastern Europe, which together constitute 77% of Raiffeisen's loan book exposure. Raiffeisen is trading broadly in line with its major European peers, Goldman said.
Copyright © 2009 MarketWatch, Inc.
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