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As of 2 November 2022, The European Money Markets Institute (EMMI) will welcome Raiffeisen Bank International AG (RBI) as a new member of the EURIBOR® panel, the group of credit institutions that contribute to the calculation of EURIBOR®. This is an important development as RBI’s participation will diversify and expand the profile of contributors geographically as it is the first Austrian bank contributing under EURIBOR’s Hybrid Methodology. Therefore, the representativeness of EURIBOR® will be further increased.
Jean-Louis Schirmann, CEO of EMMI: "The contribution of RBI, a major actor in Austria and in Central and Eastern Europe, is important for the sustainability and robustness of EURIBOR® over the long term. It serves the money market stability in Europe....
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