Raiffeisen Zentralbank Österreich AG (RZB) is the central institution of the Austrian Raiffeisen Banking Group (RBG). As of 31 December 2008, RBG's consolidated balance-sheet total amounted to € 265 billion, making it the country's largest banking group. RBG represents approximately a quarter of all domestic banking business and comprises the country's largest banking network with 2,230 offices and more than 23,000 employees. Founded in 1927, RZB is a leading corporate and investment bank in Austria and also considers Central and Eastern Europe (CEE) as its home market.
Pioneer in CEE
Ever since it founded its first subsidiary bank in Hungary in 1986, RZB has been regarded a pioneer in CEE. Today, the RZB Group has an international reputation as one of the leading providers of financial services in this region. Via listed subsidiary Raiffeisen International Bank-Holding AG, it operates one of the largest and most diversified banking networks in CEE with subsidiary banks and leasing companies in 17 markets. About 15 million customers are serviced via more than 3,000 business outlets. Specialized companies in the business fields of, among others, building society, fund management, investment banking and M&A complement the Group's presence in the region.
RZB ranks among the region's leading banks, offering commercial, investment and retail banking services in the following markets:
More international operations
In Western Europe and the USA, RZB operates a branch in London and representative offices in Brussels, Frankfurt, Madrid, Milan, Paris, Stockholm, and New York. A finance company in New York (with representative offices in Chicago and Houston) and a subsidiary bank in Malta complement the scope. In Asia, RZB runs branches in Beijing (with representative offices in Harbin and Zhuhai), Xiamen and Singapore as well as representative offices in Ho Chi Minh City, Hong Kong, Mumbai and Seoul. This international presence clearly underlines the bank's emerging markets strategy.
Ratings
RZB is currently rated as follows:
|
Standard& Poor's |
Short term |
A-1 |
|
Standard&Poor's |
Long term |
A |
|
Moody's |
Short term |
P-1 |
|
Moody's |
Long term |
A1 |
Key figures
|
Consolidated Key Figures RZB Group in 2008
|
|
Balance sheet total (€ bn) |
265,3 |
|
Loans, advances (€ bn) |
193,4 |
|
Deposits and Savings (€ bn) |
204,7 |
|
Equity – Group share (€ bn) |
12,8 |
|
Net result before tax (in € millions) |
891,1 |
|
Capital Adequacy Ratio |
10,8% |
|
Outlets |
2.236/3.251(*) |
|
Regional / local banks |
8/541 |
|
Number of customers |
4 mln |
|
Number of staff |
86.600 (**) |
|
Domestic Market Share
~Credit
~ Savings and Deposits |
24,6%
28,6%
|
(*) Including Austria/CEE and other foreign operations
(**) Including the network banks in CEE and other foreign operations
Contact
Raiffeisen Zentralbank Österreich AG
Andreas Ecker-Nakamura (Head of Public Relations)
Am Stadtpark 9
1030 Vienna
Austria
Phone: (+43-1) 71 707 - 2222
Fax: (+43-1) 71 707 - 3802
andreas.ecker@rzb.at
http://www.ri.co.at/
http://www.rzb.at/eBusiness/rzb_template1/1026359884948-NA-NA-NA-NA-EN.html