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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]
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.
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 ...
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 ...
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.