Raiffeisenbank (Russia)

AO Raiffeisenbank (Russian: АО «Райффайзенбанк») is a bank in Russia. It is a subsidiary of Raiffeisen Bank International, which in turn is a fully controlled subsidiary of Raiffeisen Zentralbank. It was founded in 1996 as Raiffeisenbank Austria and has expanded considerably following the 2006 takeover of Russia's Impexbank.

Raiffeisenbank
Native name
Райффайзенбанк
TypeJoint-stock company
IndustryFinancial services
Founded1996 (1996)
Headquarters,
Revenue115,110,900,000 Russian ruble (2017) 
US$150.5 million (2013)
ParentRaiffeisen Bank International
RatingBa2 (Moody's), BBB- (Fitch) (2017)[1]
Websitewww.raiffeisen.ru

Raiffeisenbank is one of Russia's major banks, based on H1 2011 results, it ranks 9th in Russia in assets, 5th in private deposits, and 7th in consumer lending.[2] As of 2014, Raiffeisen Bank International had exposure of $26.6 billion in Russia. In 2013, the company's Russian business accounted for 74 percent of its pretax profit.[3]

The bank's subsidiaries in Russia are Raiffeisen-Leasing, Raiffeisen Pension Fund, and Raiffeisen Capital.

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See also

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