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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
Through Raiffeisen Bank International (RBI), the Raiffeisen Banking Group began to expand outside of Austria in 1986. RBI developed into a leading universal bank in Central and Eastern Europe with the largest branch network of all Western banking groups listed on the Vienna Stock Exchange. [6] Raiffeisenbank in Russia was founded in 1996.
Anglo-Czechoslovak Bank; Böhmische Escompte-Bank; Böhmische Industriebank; Böhmische Union Bank; eBanka Equa bank; ERB bank; Investiční a poštovní banka; Legiobanka; Sberbank CZ Union banka Wüstenrot hypoteční banka; Zemská Banka; Živnostenská Banka
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.
The bank suspended the initial public offering of its subsidiary, Raiffeisen Bank Polska, in mid-2017. [11] [12] [13] In August 2021, Crédit Agricole S.A. announced the signing of an agreement to sell Crédit Agricole Srbija A.D. to Raiffeisen Bank (Serbia), a fully-owned subsidiary of Austrian Raiffeisen Bank International AG. [14]
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 .
Raiffeisen usually refers to Friedrich Wilhelm Raiffeisen (1818-1888) and the cooperative endeavors he inspired in several European countries: Deutscher Genossenschafts- und Raiffeisenverband in Germany; Raiffeisenbank, disambiguation page for Raiffeisen-inspired financial services providers in multiple countries.