The final details of the bond will be set in the upcoming period, the local unit of Austria’s Raiffeisen Bank International AG said.
The planned unsecured bond will have a maturity of up to five years and could be offered to both or either Romanian and international investors.
Last year, Raiffeisen Bank raised a planned RON225 million in a senior unsecured bond issue, at an annual interest rate of 5.5%.
Raiffeisen Bank Romania, the country’s fourth largest lender by assets, reported a net profit of RON458 million in 2013, up 17% from RON393 million in the previous year.
The bank proposed a total dividend payment of RON264 million from last year’s profit.
Raiffeisen Bank International owns 99.49% in Raiffeisen Bank Romania.