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f Citibank sold its retail banking operations to Raiffeisen Bank in 2015, and currently only has corporate banking operations on the local market. g First Bank was known as Piraeus Bank until 2018, when the Piraeus Bank Group left the Romanian market and sold its subsidiary to J.C. Flowers & Co.
The legal merger is the next step in the integration of the two banks after the Belgian KBC Group acquired the business of Raiffeisen Bank International in Bulgaria in the summer of 2022. KBC Bank Bulgaria (previously known as Raiffeisenbank (Bulgaria) EAD) is fully licensed bank with operations in Bulgaria and abroad. KBC Bank Bulgaria is a ...
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).
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Raiffeisen promised to answer questions in several stages during April–June 2023. [22] In March 2023, Raiffeisen was named an international sponsor of war by Ukraine's National Agency on Corruption Prevention. [23] In December 2023, Ukraine excluded Raiffeisen Bank from the list of war sponsors for the 12th package of EU sanctions against Russia.
From January 2008 to June 2009, if you bought shares in companies when Martin S. Feldstein joined the board, and sold them when he left, you would have a -97.2 percent return on your investment, compared to a -35.8 percent return from the S&P 500.
At the end of 2022, Raiffeisenbank received 141 billion rubles in net profit - four times more than a year earlier (38.7 billion rubles), taking second place after Sberbank. Due to restrictions on the withdrawal of funds to unfriendly countries, the profit could not be distributed as dividends and was capitalized.
A snow storm is set to blast the upper Midwest and northern Great Plains late Thursday into Friday. See the forecast.