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Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: The name is found in: Raiffeisen Banking Group , Austrian group of cooperative banks
Banque Raiffeisen is a Luxembourgish banking and financial services company. Founded in 1926, it is one of the oldest banks in Luxembourg. The bank is independent from foreign shareholders. It is a member of the International Raiffeisen Union (IRU), which is an association of cooperatives based on the ideas of Friedrich Wilhelm Raiffeisen. [2]
In 2018, Euromoney magazine called Friedrich Wilhelm Raiffeisen "The best bank for private banking services for wealthy customers in Central and Eastern Europe". [22] His work was also awarded award-winning Spear's Russia magazine in the nominations "Impeccable reputation in the banking industry" [ 23 ] and "reference work with wealthy clients ...
Raiffeisen branch in Bucharest. Raiffeisen Bank is a universal bank on the Romanian market, providing a complete range of products and services to private individuals, SMEs and large corporations via multiple distribution channels: banking outlets (more than 350 throughout the country), ATM and EPOS networks, phone-banking (Raiffeisen Direct) and mobile-banking (myBanking).
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
The subsidiary bank Raiffeisen Bank International was formed, merging Raiffeisen International Bankholding AG and the corporate banking business and related subsidiaries from RZB. RZB currently [ when? ] holds a stake of approximately 78.5% (with the rest of the shares in free float) and operates one of the largest banking networks in CEE.
[3] [4] Raiffeisen Bank International has a stake of 68.26% in the bank. [3] As of 2018 the fourth-largest bank in the country and the largest bank with foreign capital. Following a government bailout of the country's largest bank at the turn of 2016 and 2017, Raiffeisen Bank Aval was the only bank in the top 5 not owned by the government of ...
The Raiffeisen Banking Group (German: Raiffeisen Bankengruppe, RBG) is a group of cooperative banks in Austria. The Austrian Raiffeisen banks are not consolidated under a single parent entity but are financially linked through a common institutional protection scheme and deposit guarantee scheme .