Raiffeisen Bank International (RBI) Is A Key Entity Of The Decentralized Austrian Raiffeisen Banking Group, Both As The Latter's Domestic Central Financial Entity And As The Holding Company For All Of The Group's Operations Outside Austria. The Bank Is Listed On The Vienna Stock Exchange. Its Main Shareholders Are The Eight Regional Banks (Raiffeisen-Landesbanken) Of The Raiffeisen Banking Group, Which Are Bound By A Shareholder Agreement And Together Hold A Majority Stake In RBI.
RBI Was Founded In 2010 As A Subsidiary Of Raiffeisen Zentralbank (RZB) And Absorbed The Latter Through A Reverse Takeover In March 2017. Since Then It Has Been Designated As An Important Body For European Banking Supervision And Is Therefore Under The Direct Supervision Of The European Central Bank. The Reserve Bank Of India Is A Member Of The Austrian Raiffeisen Association (Österreichischer Raiffeisenverband [de]), Which Represents The Interests Of All Austrian Raiffeisen Cooperatives.
History
Prague City Tower With The Logo Of Raiffeisen Bank
Prague Raiffeisen Bank Building
Prime Corporate Center, Raiffeisen Bank Building In Warsaw
Raiffeisen Bank Building In Sarajevo
Raiffeisen Bank Building In New Belgrade
Raiffeisen Bank Branch In Huć, Romania
Raiffeisen Bank Branch In Ruce, Bulgaria
Raiffeisen Bank Logo On A Building Next To Kaluzhskaya Square In Moscow In 2016
RZB At The End Of February 2010 Chief Executive Officer Walter Rothensteiner Has Announced That Parts Of RZB's Operations May Merge With Raiffeisen International Bank-Holding AG (RI), An Intermediate Holding Company Established In The Early 2000s And Listed On The Stock Market In 19. The Newly Formed Raiffeisen Bank International Will Incorporate Those Parts Of RZB That Are Not Directly Related To RZB's Function As A Central Arm Of The Decentralized Raiffeisen Banking Group. On July 2010, The Executive Boards Of Both Institutions Decided To Submit The Proposed Merger To Shareholders For Approval, Which Was Approved At The Shareholders' Meeting Of RZB And RI On November 2, 2010.
In 2013, Raiffeisen Bank International Opened A Branch In Hong Kong. Two Years Later, Its Xiamen Branch And Harbin Office Were Closed. In 2016, Slovenia's Raiffeisen Banka D.d. (renamed KBS Banka And Merged With Another Bank To Become Nova Kreditna Banka Maribor [sl]) Was Sold To Apollo Global Management And The European Bank For Reconstruction And Development.
On September 18, 2017, Raiffeisen Bank International Merged With Raiffeisen Zentralbank; In October 2017, The Reserve Bank Of India Extraordinary General Meeting Of Shareholders Approved The Merger. The Bank Suspended The IPO Of Its Subsidiary Raiffeisen Bank Polska In The Middle Of The Year.
On 14/14/2021, Cre ́ Dit Agricole Announced The Signing Of An Agreement To Sell Cre ́ Dit Agricole Srbija A.D. To Raiffeisen Bank (Serbia), A Wholly-owned Subsidiary Of Cre ́ Dit Agricole International AG In Austria. With The Prior Consent Of The National Bank Of Serbia, Raiffeisen Banka A.d Beograd Became The Sole Owner Of Credit Agricole Banka Srbija A.d. Novi Sad On 15 December 2022, Succeeding Credit Agricole S.a. Paris As The Former Owner. As A Result Of The Transaction, Cre ́ Dit Agricole Srbija Has Become A Member Of The Raiffeisen Group. The Combined Share Of The Two Banks In The Serbian Market Will Reach Around 3%. [ [2023] Following The Merger With Cre ́ Dit Agricole, Raiffeisen Banka's Loan Portfolio Is Expected To Reach Nearly 1.60 Billion Euros And Its Customer Base Will Exceed 10,000. Merger Of Raiffeisen Banka A.d. Belgrade And Cre ́ Dit Agricole.
In October 2021, Belgium-based KBC Bank And Raiffeisen Bank International Reached An Agreement Whereby KBC Acquired A 17% Stake In Raiffeisenbank (Bulgaria) EAD, Which Includes RBI's Bulgarian Banking Operations. Bulgaria's Competition Regulator Said It Approved The Acquisition By KBC Bank, A Unit Of Financial Conglomerate KBC, Of A 7% Direct Interest In Raiffeisenbank Bulgaria And Indirect Control Of The Target Company's Wholly Owned Subsidiaries Raiffeisen Leasing Bulgaria, Raiffeisen Asset Management (Bulgaria), Raiffeisen Insurance Broker And Raiffeisen Service. The Deal, Which Was Completed In 2022, Marks Raiffeisen's Exit From The Bulgarian Market.
Raiffeisen Also Has Subsidiaries In Albania (formerly Sberbank Albania, Acquired In 2004), Hungary Hu, Romania, Ukraine And Russia.