RAIFF - Raiffeisen Bank International: A Potential Buy
Raiffeisen Bank International (OTCPK:RAIFF) conducts retail, commercial, and investment banking operations throughout 15 countries in central and eastern Europe.
The stock is cheap compared to its global peers
Compared to its global peers, the Austrian-listed stock stands out for its relative cheapness:
The return on equity has reached a decade high
Despite enduring a nightmarish decade that’s included the Global Recession, the European debt crisis, increased regulation and capital requirements, as well as the Ukraine crisis, Raiffeisen is on track to produce a decade high return on equity this year and a subsequent