Raiffeisen Bank International AG is the main bank of Raiffeisen Group, which offers corporate and investment banking services to Austrian and international companies, individuals and legal entities.
Owners
Raiffeisen Bank International is a wholly consolidated subsidiary of Raiffeisen Zentralbank (Raiffeisen Central Bank), holding about 60.7% of the common shares listed on the Vienna Stock Exchange for 2014, the rest of the shares are in free float.
Aktivs
For 2018, RBI operates a network of subsidiary banks, leasing and other companies in 14 countries of Central and Eastern Europe such as Poland, Croatia, Bulgaria, the Czech Republic, etc., as well as in Asian countries and in the main financial centers of the world.
Headcount
The decrease in the number of personnel in 2018 was mainly due to the sale of business in Poland (-3675 employees). The number of employees in Russia for the year increased by 769 people.
The average age of employees in RBI is 39 years. 66% of female employees.
Performance indicators
2023: Growth in profit in the first quarter to €657 million
The consolidated profit of the Austrian banking group Raiffeisen Bank International (RBI) in the first quarter of 2023 increased to €657 million against €442 million in the first quarter of 2022. Net interest income rose to almost €1.4 billion against €986 million for the same period last year.
2015
As of January 2015, according to the results of 2015, the entire RBI group (operates in most countries of Europe, the USA and Asian states), despite the positive result of the Russian division, expects losses of up to €500 million. Investors' concerns about possible losses are reflected in the value of the group's securities. Subordinated RBI bonds of €500 million with a coupon of 4.5% and maturity in 2025 on January 29, 2015 were traded at a price of 44% of the face value. Credit default swaps on them are traded at levels showing investors estimate the probability of RBI default over five years at 70%. RBI shares traded on the Vienna Stock Exchange in 2014 depreciated by half - from €24.42 to €12.53; at the close of trading on January 28, 2015, the shares were worth only €9. The capitalization on the Vienna Stock Exchange was €2.988 billion on January 29 [1]
Business in Russia
Main article: Raiffeisen Bank
History
2024
Completion of the sale of Priorbank, loss of 300 million euros due to the transaction
Banking group Raiffeisen Bank International (RBI) has completed a major deal to sell its stake in the Belarusian Priorbank. According to an official press release issued in September 2024, RBI transferred 87.74% of the shares of Priorbank and its subsidiaries to Soven 1 Holding Limited. Read more here.
The court froze the shares of Raiffeisen Bank International in Russia
Raiffeisen Bank International AG in September 2024 said that a Russian court ruled to freeze the shares of its division in the country, which helps the bank continue to operate in the Russian Federation.
US threatens bank with disconnection from dollar payments and seeks cancellation of deal to buy stake in Strabag
For more than four months, US envoys have increasingly aggressively threatened Austria's Raiffeisen Bank International to abandon a deal to buy out Oleg Deripaska's stake in Strabag. According to one of the sources, Raiffeisen accumulated about 5 billion euros of capital in Russia, and the deal with Strabag was supposed to free up $1.5 billion from this amount.
In a written ultimatum sent on May 8, 2024 to the bank, its curator, the European Central Bank and the Austrian government, Washington threatened to restrict Raiffeisen's access to the dollar.
Within hours, Raiffeisen cancelled the deal, which was first announced in December 2023.
UAE company buys out Belarusian "daughter" Raiffeisen
On February 14, 2024, the Austrian financial holding Raiffeisen Bank International AG (RBI) announced the sale of the Belarusian Priorbank to the company from the United Arab Emirates (UAE) Soven 1 Holding Limited. Financial and other parameters of the agreement are not disclosed. It is only known that we are talking about the transfer of an 87.74% stake in Priorbank, which was owned by RBI. Read more here.
2022: Shares collapse per day by 18% amid EU sanctions against Russia
Shares of European banks with ties to Russia, against the background of EU sanctions against the Russian Federation, experienced the steepest drop on the regional exchanges on February 28, 2022. Raiffeisen Bank International led the slide, falling 18%[2] the opening bell in Vienna, amid investor fears that sanctions would hit one of the lender's most profitable divisions].
Raiffeisen said it could not yet estimate the financial impact of the sanctions as they expand daily. The lender said the measures would lead to "tough and large-scale" consequences for financial markets and the real economy.
2021: Buying Czech bank Equa
In early February 2021, Raiffeisenbank International (RBI) acquired Czech bank Equa from AnaCap Financial Partners. If the deal is approved by regulators, Equa bank, which has been operating in the Czech market for 10 years, will cease to exist and will fully join the Czech division of the RBI. Equa bank is known to serve nearly 480,000 customers. Read more here.
2020: Transfer of the digital banking department of Raiffeisen Bank to Ukraine
On June 10, 2020, it became known that the Raiffeisen Bank International Group dissolved the IT department in Austria, which operated digital banking applications, and transferred its affairs to the Ukrainian startup Edenlab. The group's management does not disclose the true reasons for this step, but plans to involve former employees of the Austrian branch in other projects. Read more here.
2014: 14.6 million customers, 2,900 branches
Raiffeisen Bank International AG is a corporate and investment bank in the financial markets of Austria and in Central and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International operates a network of subsidiary banks, leasing companies and a range of providers of other specialized financial services in 15 markets.
Raiffeisen Bank International is an Austrian bank operating in both global financial centers and the Asian market. More than 56,000 bank employees serve 14.6 million customers in more than 2,900 branches, most of which are located in Central and Eastern Europe.
2011: Raiffeisen Zentralbank owns 78.5% of the bank's shares
For 2011, Raiffeisen Bank International is a subsidiary of Raiffeisen Central Bank Austria AG (RCB), which owns about 78.5% of ordinary shares listed on the Vienna Stock Exchange, the rest of the shares are in free float.
Raiffeisen Bank International AG considers Austria, where it acts as a leading corporate and investment bank, as well as Central and Eastern Europe as its main markets. In Central and Eastern Europe, Raiffeisen Bank International operates an extensive network of subsidiary banks, leasing companies and a wide range of providers of other specialized financial services in 17 markets. More than 59,000 employees of the Bank serve about 15 million customers in 3,000 of its branches, most of which are located in Central and Eastern Europe. Raiffeisen Bank International is the only Austrian bank operating both in the global financial centers and in the Asian market, which is its next focus.
1862: Friedrich Raiffeisen founded a banking cooperative in Germany
The history of Raiffeisen Group banks dates back to the middle of the 19th century. In 1862, Friedrich Wilhelm Raiffeisen (1818-1888) founded the first banking cooperative in Anhausen (Germany), which became the prototype of the Raiffeisen banks. The first Raiffeisen Bank opened in Austria in 1886, and ten years later Austria already had more than 600 such banks.
Notes
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