Raiffeisen - a brand with tradition and a future.
Raiffeisen stands for security and stability. This is also symbolised by our trademark. The gable cross was originally a symbol for a protected house and used to be added to the roof gable to protect the occupants against all dangers. Today, the gable cross is one of Austria's best-known brands and the leading brand amongst Austrian financial service providers.
Based on the idea of German social reformer Friedrich Wilhelm Raiffeisen (1818-1888), who advanced the principle of help for self-help in times of great economic need, the first cooperative bank is founded in Anhausen in Germany.
The first Raiffeisen banks in the territory of Austria at that time are founded in Mühldorf near Spitz an der Donau (Lower Austria) and Rosswein (now Razvanje, Slovenia). Its members include farmers, artisans, workers and commercial businesses.
Based on the German model, a central association of cooperatives is established which provides the basis for the Austrian Raiffeisen Banking Group (RBG).
The "Girozentrale der österreichischen Genossenschaften" - later Raiffeisen Zentralbank (RZB) - is founded as the head institute of the Raiffeisen Banking Group in Austria.
1986+ Overseas expansion of RZB/Raiffeisen International:
|Company foundations (year in which business commenced):|
|1987 - Hungary: Raiffeisen Bank Zrt.|
|1991 - Poland: Raiffeisen Bank Polska S.A.|
|1991 - Slovakia: Tatra banka, a.s.|
|1993 - Czech Republic: Raiffeisenbank a.s.|
|1994 - Bulgaria: Raiffeisenbank (Bulgaria) EAD|
|1994 - Croatia: Raiffeisenbank Austria d.d.|
|1996 - Russia: ZAO Raiffeisenbank|
|1998 - Ukraine: JSCB Raiffeisenbank Ukraine|
|1998 - Romania: Raiffeisen Bank S.A.|
|2001 - Serbia: Raiffeisen banka a.d.|
|2000 - Bosnia and Herzegovina: Market banka|
|2001 - Bosnia and Herzegovina: Hrvatska Postanska Banka merged with Raiffeisen Bank d.d. Bosnia i Hercegovina|
|2001 - Romania: Banca Agricola (merged with Raiffeisen Bank S.A.)|
|2001 - Slovenia: Krekova banka (renamed to Raiffeisen Banka d.d.), sold in June 2016|
|2002 - Kosovo: American Bank of Kosovo (renamed to Raiffeisen Bank Kososvo J.S.C.)|
|2003 - Belarus: Priorbank JSC|
|2004 - Albania: Banka e Kursimeve e Shqiperise (renamed to Raiffeisen Bank Sh. a.)|
|2005 - Ukraine: Bank Aval (renamed to Raiffeisen Bank Aval JSC)|
|2006 - Russia: Impexbank (merged with ZAO Raiffeisenbank)|
|2006 - Czech Republic: ebanka (merged with Raiffeisenbank a.s.)|
|2011 - Poland: Polbank EFG|
Following its listing on the Vienna Stock Exchange, Raiffeisen International starts operating as an independent bank holding for the Central and Eastern European regions.
Merger of the business segments of RZB with Raiffeisen International. Raiffeisen Bank International AG is created, RZB remains the lead institute of the Raiffeisen Banking Group in Austria and headquarters for the entire RZB Group.
RBI decides on a strategic realignment initiative including a number of steps to increase its capital buffers. The initiative's goal is to facilitate an improvement in the common equity tier1 ratio (fully loaded) to 12 per cent by year-end 2017. The measures include among others a sale of the banks in Poland and Slovenia and an exit from the US and Asia. Besides the improved capital position the program shall result in reducing complexity and improving the bank’s risk profile.
The Management and Supervisory Boards of RZB and RBI pass an in-principle resolution to merge RZB into RBI. The merged company will continue to be listed on the stock exchange. Sale of the bank subsidiary in Slovenia and the leasing unit in Poland as part of the project "Ambition 2020".
In January, the Extraordinary General Meetings of RZB and RBI approve the merger of the two companies by a clear majority. With the registration of the merger in the commercial register in March, RBI becomes the comprehensive legal successor of RZB in accordance with Austrian law.