Web Site

Finance-corporate.org



» Financial enterprise » Kreditinstitut (Austria) » Topics begins with R » Raiffeisen internationally bank getting thing


Page modified: Saturday, June 24, 2006 10:35:52

The Raiffeisen internationally bank getting thing is one to the Viennese stock exchange noted daughter enterprise of the Raiffeisen central bank and is responsible for the Eastern Europe business of this bank.

Characteristic numbers

  • Balance sheet total: 40.7 billion euro (2005)
  • Profit: 382,0 millions euro (2005)
  • Customer: 10,01 millions (at the end of of February 2006)
  • Branches 2443 (2005) (without Impexbank)

Markets

Raiffeisen international is represented in 15 countries of Eastern Europe with banks: Russia, white Russia, Ukraine (1998 the Raiffeisen bank Ukraine based with the 2005 bought bank bill guaranty to be fused here is), Poland, Tschechien, Slowakei, Hungary, Slovenia, Serbia Montenegro, Croatia, Albania, Romania, Bulgaria, Bosnia Herzegovina as well as in the Kosovo. In Lithuania and Moldavia representative offices exist, in Kazakhstan a leasing company.

Thus Raiffeisen international is one of the largest banks in central and Eastern Europe (behind Unicredit/HVB, KBC, first bank at place 4). In February 2006 she bought into the Russian Impexbank and became so inclusive for years the existing ZAO Raiffeisen bank Austria the largest foreign bank in Russia and the eight-largest Russian market. Until 2010 are to be doubled the market share of the RI-activities in Russia on 5%.

In the Ukraine cannot the RI its daughter JSBC Raiffeisen bank Ukraine (RBU) as planned with the bank bill guaranty to be fused, since from it the largest bank of the country would result. The RBU is sold therefore. The interest of foreign banks is large, proceeds of sale of the 39 branches comprehensive bank became originally on approximately 500 million euro estimated, which would have resulted in a book value multiplicator of approximately 3.6 in the case of a book value of 139 million euro, what with Eastern European banks at present is quite usual. According to medium reports the Hungarian OTP is to have ordered however already 650 to million euro, and the Polish Unicredit daughter Pekao should be ready to apply 750 million euro which was however so far disclaimed.

The markets of the Raiffeisen international by 30.9.2005
CountryBalance sheet total (in millions euro)Offices
Russia (inclusive Impexbank)4.640564
Hungary4.63087
Slowakei4.460114
Croatia3.61037
Ukraine (inclusive bank bill guaranty)3.3501.426
Poland3.06071
Romania2.890209
Tschechien2.51049
Albania1.71085
Bulgaria1.31070
Bosnia-Herzegovina1.11868
Serbia and Montenegro1.11336
Slovenia85013
White Russia65042
Kosovo22026
Entirely36.1212.897

Assumptions

The largest assumptions of the Raiffeisen international were the acquisition of 93,5% at the Ukrainian bank bill guaranty in the year 2005 for 836 million euro, the complete assumption of the Russian Impexbank in the spring 2006 for maximally 550 million dollar (by those already 500 millions were transferred) and the purchase of the Banka e Kursimeve e (Albanian savings bank) in the year 2004 for 125 million US Dollar. Ukrainie is to fuse the 1992 created bank bill guaranty shortly with the 1998 created Raiffeisen bank.

Stock exchange

The Raiffeisen internationally bank getting thing notes it since 28 April 2005 at the Viennese stock exchange where under the designation "„ISIN: AT0000606306, contraction: RIBH "“in the guidance index ATX is listed. The stock exchange course brought in 1,113, 8 million euro. With 70% the Raiffeisen central bank is principal shareholder, the remainder however still is in strewing possession. A further capital increase was already announced.

See also

  • Austrian banking

Related links


Articles in category "Raiffeisen internationally bank getting thing"

We found here 3 articles.

R

» Raiffeisen central bank
» Raiffeisen internationally bank getting thing
» Raiffeisengenossenschaften in Austria

Related Websites

We found here 4 related websites.

Page cached: Wednesday, July 5, 2006 23:46:25
Valid XHTML 1.0!  Valid CSS!

Page copy protected against web site content infringement by Copyscape