Raiffeisen Banking Group Structure

Many banks were privatised and the public sector withdrew from its liability commitments.
Raiffeisen banking group structure. Raiffeisen bank international rbi regards austria where it is a leading corporate and investment bank as well as central and eastern europe cee as its home market. History rbi was already active in cee even before the process of political transition started in the region and the iron curtain fell. In 1998 the raiffeisen banking group launched its internet banking service. The austrian regional raiffeisen banks hold approximately 58 8 per cent of the shares the remainder of around 41 2 per cent is free float.
Was the central institution of the raiffeisen banking group austria rbg. The raiffeisen banking group and sds will continue their long standing successful cooperation in the years to come. Raiffeisen bank international was a subsidiary of raiffeisen zentralbank. 13 markets of the region are covered by subsidiary banks additionally the rbi group comprises numerous other financial service providers for instance in leasing asset management or m a.
Raiffeisen bank international a g. Third largest swiss banking group leader in retail business with individual solutions for corporate and private clients since 1899. It functions as the group centre for the entire rzb group of which the listed company raiffeisen bank international ag rbi with its banking network in central and eastern europe cee is the. Already back in 1986 its first subsidiary bank was founded in hungary.
New investments in innovation and securing future regulatory and security. The banks strategic management is adapted to regional conditions. More than a century ago a pragmatic mayor named friedrich wilhelm raiffeisen challenged society s reliance on charity and government welfare and developed instead a financing system based on self help and cooperation. Many banking groups were either wholly or partially taken over by foreign owners.
The banks strategic management is adapted to regional conditions. Raiffeisen group structure raiffeisen banksthe 255 raiffeisen banks with a total of 883 branches excluding branches of raiffeisen switzerland are legally and organisationally independent cooperatives which elect their own boards of directors and have an independent auditor. Rbi is an austrian banking group itself is a central institution of the raiffeisen banking group austria rbg. The central bank was merged with its subsidiary raiffeisen bank international in 2017.
Raiffeisen group structure raiffeisen banksthe 270 raiffeisen banks with a total of 926 branches excluding branches of raiffeisen switzerland are legally and organisationally independent cooperatives which elect their own boards of directors and have an independent auditor. Raiffeisen zentralbank österreich a g. Raiffeisen switzerland and the raiffeisen logo are registered trademarks. The years 1999 to 2001 saw the largest ever structural changes in austria s banking landscape.