Raiffeisen Zentralbank is a co-operative bank based and founded in Austria and operating throughout central and eastern Europe. "Raiffeisen" is a reference to Friedrich Wilhelm Raiffeisen, the founder of the co-operative movement of credit unions. In the year 2006, the RZB Group posted the following results:
* total assets at ca. €110 billion (up 17% from 2005)
* before-tax profit ca. €1,8 billion, and after tax at 1,6 billion (up 90% and 130% resp.)
* consolidated profit €1,15 billion (up 55%), return on equity before taxation 38% (up >1 PP)
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| - Raiffeisen Zentralbank is a co-operative bank based and founded in Austria and operating throughout central and eastern Europe. "Raiffeisen" is a reference to Friedrich Wilhelm Raiffeisen, the founder of the co-operative movement of credit unions. In the year 2006, the RZB Group posted the following results:
* total assets at ca. €110 billion (up 17% from 2005)
* before-tax profit ca. €1,8 billion, and after tax at 1,6 billion (up 90% and 130% resp.)
* consolidated profit €1,15 billion (up 55%), return on equity before taxation 38% (up >1 PP)
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Products
| - Commercial banking, investment banking, private banking, asset management
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Company Name
| - Raiffeisen Zentralbank Österreich AG
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Key people
| - Walter Rothensteiner, Chairman
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abstract
| - Raiffeisen Zentralbank is a co-operative bank based and founded in Austria and operating throughout central and eastern Europe. "Raiffeisen" is a reference to Friedrich Wilhelm Raiffeisen, the founder of the co-operative movement of credit unions. In the year 2006, the RZB Group posted the following results:
* total assets at ca. €110 billion (up 17% from 2005)
* before-tax profit ca. €1,8 billion, and after tax at 1,6 billion (up 90% and 130% resp.)
* consolidated profit €1,15 billion (up 55%), return on equity before taxation 38% (up >1 PP) Raiffeisen had the equivalent of 55,400 full-time employees distributed in ca. 2,850 outlets, serving over 11.7 million clients.
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