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RAIFFEISEN BANK Ltd
Address: H-1054 Budapest, Akadémia u. 6., Hungary
Postal address: Budapest, P.O. Box 173, H-1364 Hungary
Phone: (36-1)-484-4400
Fax: (36-1)-484-4444
Homepage: www.raiffeisen.hu
E-mail: info@raiffeisen.hu |
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About: |
Raiffeisen Bank Zrt. was established as Unicbank in December 1986, concurrently with the establishment of the two-tier banking system in Hungary. Since its inception, the bank has seen consistently dynamic growth.
The bank has steadily strengthened its market position to become one of the leading universal banks in Hungary. In terms of profitability, Raiffeisen Bank has one of the highest ROE (return on equity) among the Hungarian banks. These achievements are due to the bank's success in continuously enhancing its services, introducing new business lines and adapting its internal organisation in line with the changing exigencies of the market.
In the first years of its operation, Raiffeisen Bank offered high-quality services primarily to medium-sized and large corporations, as well as to joint-ventures and subsidiaries of multinationals. With the launch of its consumer banking business line in January of 1999, Raiffeisen Bank became a universal bank, providing wholesale financial services to its corporate customers, local governments and public utilities, as well as private banking services for high-net-worth individuals seeking sophisticated, differentiated banking relations. For private customers, the consumer banking division offers flexible, tailor-made products combined with multiple access and a high level of customer service. Raiffeisen Bank maintains an extensive and rapidly developing branch network in Hungary, and also offers state-of-the-art alternative sales and communication channels.
As a universal bank, Raiffeisen Bank's strategic objective is to become a predominant actor in the financial services market by providing comprehensive financial services in cooperation with its subsidiaries. Regular innovation, expertise and professionalism, high-quality customer service, an expansion of the branch network, accessibility and a solid owner's background are key success factors in the bank's strategy. The bank aims to increase its market share and to strengthen and expand its existing market positions.
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