Wikipedia
ZAO Raiffeisenbank is a bank in Russia. It is a subsidiary of Raiffeisen Bank International, which in turn is a fully controlled subsidiary of Raiffeisen Zentralbank. It was originally founded in 1996 as Raiffeisenbank Austria and has expanded considerably following the 2006 takeover of Russia's Impexbank.
Raiffeisenbank is one of Russia's major banks, based on H1 2011 results, it ranks 9th in Russia in assets, 5th in private deposits, and 7th in consumer lending. As of 2014, Raiffeisen Bank International had exposure of $26.6 billion in Russia. In 2013, the company's Russian business accounted for 74 percent of its pretax profit.
The bank's subsidiaries in Russia are Raiffeisen-Leasing, Raiffeisen Pension Fund, and Raiffeisen Capital.
Established in 1994 under the Bulgarian Law on Banking and Credit Activities, Raiffeisenbank (Bulgaria) EAD is fully licensed for operations in Bulgaria and abroad. Raiffeisenbank is a universal bank, providing a full range of banking products and services to large corporate customers, small and medium-sized enterprises, retail clients and institutional clients. As of 30 December 2010 total assets amounted to BGN 6.56 billion ranking Raiffeisenbank the fourth largest bank in the country. Over 3000 employees of Raiffeisenbank service more than 730 000 customers through a network of 188 branches. Raiffeisenbank (Bulgaria) EAD has also built an Agent Network of mobile bank consultants.
Raiffeisenbank (Bulgaria) is a 100% subsidiary of Raiffeisen Bank International AG (RBI). RBI regards both Austria and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates a network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets.
Around 60,000 RBI employees service about 13.5 million customers through around 3,000 business outlets, the great majority of which are located in CEE. RBI is a fully consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG ( RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI's shares are listed on the Vienna Stock Exchange.
Raiffeisenbank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in:
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Raiffeisen Bankengruppe (Austria), Austrian group of cooperative banks.
- Raiffeisen Zentralbank, the group's central institution
- Raiffeisen Bank International AG, the group's holding of international subsidiaries
- Raiffeisenbank (Bulgaria), the group's subsidiary in Bulgaria
- Raiffeisen Bank (Romania), the group's subsidiary in Romania
- Raiffeisenbank (Russia), the group's subsidiary in Russia
- Raiffeisen Bank (Serbia), the group's subsidiary in Serbia
- Raiffeisen Bank Aval, the group's subsidiary in Ukraine
- Volksbanken und Raiffeisenbanken, German group of cooperative banks.
- Raiffeisen (Switzerland), Swiss group of cooperative banks.
- Banque Raiffeisen, Luxembourgian group of cooperative banks.
- Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige, Northern Italian group of cooperative banks.
- Rabobank (originally "Raiffeisen-Boerenleenbank"), Dutch group of cooperative banks.