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Bank In Republic of Bulgaria - Republika Balgaria - Република България +359 |
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RAIFFEISENBANK (BULGARIA) |
| About: |
| Raiffeisenbank (Bulgaria) EAD was established in June 1994 under the Bulgarian Law on Banking and Credit Activities and has a full banking licence for domestic and international banking activities. Raiffeisen Zentralbank Oesterreich AG (RZB-Austria), Vienna through Raiffeisen International Bank-Holding AG (RI), owns 100 % of Raiffeisenbank (Bulgaria) EAD capital. It started operations on January 3, 1995 and is the first wholly owned subsidiary of a Western bank to commence operations in Bulgaria. Raiffeisen Zentralbank Oesterreich AG (RZB-Austria), Vienna: It was founded in 1927 as a central banking institution of the Austrian cooperative banks named after Friedrich Wilhelm Raiffeisen; Raiffeisenbank, the banking unit of the RZB Group in Bulgaria, was established in 1994. The bank is 100 per cent owned by Raiffeisen International, the holding company for RZB's subsidiaries in Central and Eastern Europe (CEE). Raiffeisen International is 92 per cent owned by RZB. Further owners are the International Finance Corporation (IFC), the private sector arm of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD) with a share of 4 per cent each. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country's most powerful banking group. A leading corporate and investment bank in Austria, RZB considers CEE as its home market. Through Raiffeisen International it operates a network of 15 subsidiary banks with more than 800 banking outlets, as well as two representative offices in 16 markets of the region. Raiffeisenbank (Bulgaria) EAD: Works with big corporates, middle and micro-companies and private individuals; Most of the biggest Bulgarian and foreign companies are among its customers; Finances the Bulgarian economy – big companies and SME’s in all its branches in the country; Closely cooperates with all banks in Raiffeisen Group – the subsidiaries and branches in East European countries, including the banks in Romania, Serbia and Montenegro, Croatia, Bosnia and Herzegovina, Kosovo, Slovakia, Russia, Belarus and Ukraine, as well as Asia and United States. |
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