The story
Through Raiffeisen Bank International (RBI), the Raiffeisen Banking Group began to expand outside of Austria in 1986. RBI developed into a leading universal bank in Central and Eastern Europe with the largest branch network of all Western banking groups listed on the Vienna Stock Exchange.
Raiffeisenbank in Russia was founded in 1996. In 2001, a branch of the bank was opened in Saint Petersburg, in 2005 in Samara, Yekaterinburg, and Novosibirsk, and in 2006 in Krasnodar. In 2018, the bank begins to develop a digital presence that allows serving customers without physical branches. In 2019, Raiffeisenbank's virtual offices are open in 109 cities of Russia. At 2021, the geography of digital presence is more than 300 cities.
In 2006, Raiffeisenbank acquired 100% of the shares of JSC Impexbank. A year later, they were united under the unified brand of Raiffeisenbank CJSC and Raiffeisenbank became the largest bank with the participation of foreign capital in Russia (as of 2006).
In July 2021, Raiffeisen Bank International AG filed a lawsuit against the Arbitration Court of Moscow for recovery from PJSC "Mobile TeleSystems" about 615 million rubles. The third person is attracted by the Federal Antimonopoly Service (FAS) of Russia.
In September 2021, Raiffeisenbank launched a service for translating salaries on the fact of worked days, for which the daily salary calculation module was created. Project partner — Payday from VK (earlier — Mail.ru Group).
On September 13, 2023, the Bank of Russia canceled the license of Raiffeisenbank to operate as a specialized depository of investment funds, mutual funds and non-state pension funds. The cancellation occurred voluntarily, based on a statement from Raiffeisenbank.
From Wikipedia’s article on Raiffeisenbank (Russia), shared under CC BY-SA 4.0.4
