Raiffeisenbank Austria d.d. was founded in 1994 as the first foreign bank in Croatia. Today, Raiffeisen is one of the country's leading banks, not only for large and medium-sized corporate customers, but due to its branch presence also for micro businesses and private individuals.

Raiffeisenbank Austria’s branch network consisted of 84 branches at year-end 2010, when it served 544,000 customers. Lending to customers amounted to € 3.8 billion at the end of the year, and while customer deposits exceeded € 3.1 billion.
Raiffeisenbank offers its customers a wide range of services by way of several successful subsidiaries, including Raiffeisen Leasing d.o.o., pension fund Raiffeisen mirovinsko društvo d.d., and asset management company Raiffeisen Invest d.o.o. Associated group companies like Raiffeisen Bausparkasse also contributed substantially to the success of Raiffeisen in Croatia.