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Raiffeisen - Wikipedia, the free encyclopedia (300 words) |
 | Raiffeisen is a co-operative bank based and founded in Austria and operating throughout central and eastern Europe. |
| Raiffeisen Zentralbank Österreich (RZB), established in 1927, is the central institution of the cooperative banking group. |
| Raiffeisen International, mostly owned by RZB (whose share is 70%), is the company which operates banking subsidiaries in 15 countries of central and eastern Europe. |
| Usbiz (518 words) |
| The Austrian Raiffeisen group, which purchased Romania's Banca Agricola (Agricultural Bank) in 2001, is now planning to participate into the privatisation of the Savings Bank (CEC), aiming to consolidate its position on the Romanian market. |
| "Raiffeisen is prepared to fight Erste Bank for CEC, and the experience we gained after acquiring Banca Agricola will help us with this project," Herbert Stepic, RZB vice-president and president of Raiffeisen International (the entity controlling the group's subsidiaries in the region) told Ziarul Financiar. |
| The Raiffeisen official is confident that the CEC privatisation will be completed before the sale of BCR (Romanian Commercial Bank), Romania's largest bank, considering the pressure being applied by the European Union. |
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