Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Raiffeisen Romania


Related Topics

In the News (Wed 25 Nov 09)

  
  Raiffeisen - Wikipedia, the free encyclopedia
Raiffeisen is a co-operative bank based and founded in Austria and operating throughout central and eastern Europe.
Raiffeisen Zentralbank Österreich (RZB), established in 1927, is the central institution of the cooperative banking group.
Raiffeisen International, mostly owned by RZB (whose share is 70%), is the company which operates banking subsidiaries in 15 countries of central and eastern Europe.
en.wikipedia.org /wiki/Raiffeisen   (300 words)

  
 Usbiz
The Austrian Raiffeisen group, which purchased Romania's Banca Agricola (Agricultural Bank) in 2001, is now planning to participate into the privatisation of the Savings Bank (CEC), aiming to consolidate its position on the Romanian market.
"Raiffeisen is prepared to fight Erste Bank for CEC, and the experience we gained after acquiring Banca Agricola will help us with this project," Herbert Stepic, RZB vice-president and president of Raiffeisen International (the entity controlling the group's subsidiaries in the region) told Ziarul Financiar.
The Raiffeisen official is confident that the CEC privatisation will be completed before the sale of BCR (Romanian Commercial Bank), Romania's largest bank, considering the pressure being applied by the European Union.
www.usbiz.ro /digit/show-news.php3?id=14662   (518 words)

  
 The Diplomat - Bucharest
Raiffeisen Bank started to operate as a commercial bank in Romania in 1998 and in 2001 bought state bank Banca Agricola, which was close to liquidation, for 15 million Euro cash and a 45 million Euro share capital increase.
Romania's pioneering housing savings and crediting bank is resident in 170 Raiffeisen branches around the country and last year signed the first private public partnership with Posta Romana where, in some post offices, it set up small RBL outlets to promote its services.
Romania's economic development and its construction boom has had a positive effect on the lime market, says the manager, which is increasing annually by around eight to ten per cent.
www.thediplomat.ro /natday_1105.htm   (7786 words)

  
 Transaction Talk - Euronet's Corporate Newsletter
Consequently, Raiffeisen Bank Romania was seeking an outsourcing partner who could enable it to reduce its operational costs significantly, meet the needs of corporate and retail customers, and acquire a larger portion of the rapidly increasing Romanian card market.
Raiffeisen Bank Romania is Euronet's fourth partnership with a Raiffeisen subsidiary following its successful ATM Outsourcing implementation in Croatia, Slovakia and Hungary.
Raiffeisen Bank Romania contracted Euronet to provide a comprehensive outsourcing solution for ATM and POS operation and management service, including Visa and MasterCard transaction gateway routing, settlement, reporting services, stand-in-processing, and value-added services such as electronic top-up and bill payment for the banks' current 650 ATMs and 4,200 POS terminals.
www.euronetworldwide.com /newsletter/2004_q3q4/insights2.asp   (551 words)

  
 Romania, a new emerging economy
Romania selected E.On-Ruhrgas and Gaz de France as winners in tenders for stakes in gas distribution companies Distrigaz Nord and Distrigaz Sud, the two Romanian gas distributions that account for 90% of gas deliveries in the country, Evenimentul zilei daily reported recently.
Romania needs to reform its energy sector as part of its bid to join the European Union in 2007 or 2008 along with Bulgaria and Croatia.
Romania's experience is very useful for us, as Romania is already a candidate, one that is to become an EU member in 2007," Marovic said.
www.newnations.com /archive/2004/October/ro.html   (2304 words)

  
 ROMANIA PETRILA   (Site not responding. Last check: 2007-10-24)
Further, www.romania-into.com can clarify for you concerning romania petrila and the total district surrounding Romania and romania petrila.
Browse www.romania-into.com and see romania petrila plus extra moving pointers regarding Romania and romania petrila and also you cant afford to let pass tourist attractions from romanian catholic church, castle dracula dracula dracula romanian, romanian second language, and inside romania european union one could definitely unearth lore correlated with romania petrila.
Romania images are licensed from World66.com under, and are hereby subject to, the Creative Commons License.
www.romania-into.com /Romania-Music/romania-petrila.html   (163 words)

  
 Euronet Worldwide
Raiffeisen Bank plans to deploy an additional 300 ATMs and 3,300 EFT POS terminals in the first 24 months of this partnership.
Raiffeisen Bank Romania has used Euronet's Integrated Transaction Management software for their debit card, ATM, POS and merchant management systems since November of 1999.
Raiffeisen Bank Romania represents the fourth ATM and the second EFT POS agreement with a Raiffeisen subsidiary for outsourcing services in central Europe with Euronet.
www.euronetworldwide.com /media/press_release.asp?ID=205   (747 words)

  
 Servus   (Site not responding. Last check: 2007-10-24)
Raiffeisen Bank is an international bank based in Austria and by purchasing Banca Agricola in 2001, became one of the major banks in Romania.
Raiffeisen Bank operates both in the corporate and the consumer banking in Romania and for the last few years it was one of the most active banks within the plastic card market.
Romania Headquarters is in Bucharest and the bank has 192 branches all around the country.
www.servus.com.tr /pss/milenas_cs.asp   (441 words)

  
 Usbiz
Moody's rating agency has upgraded the financial strength rating of Raiffeisen Bank Romania, formerly known as Banca Agricola from 'E' to 'E+'.
The information technology systems and the branch distribution network of Raiffeisen Bank Romania have been rationalised and are scaleable," says Moody's.
Austria-based Raiffeisen Group in 2001 bought the controlling interests in Banca Agricola for $15 million in cash and $37 million in investments.
www.usbiz.ro /digit/show-news.php3?id=10219   (175 words)

  
 BUCHAREST DAILY NEWS   (Site not responding. Last check: 2007-10-24)
Romania did not take full advantage of its unique opportunities and capabilities in the year about to end, believes the President of Raiffeisen Bank Romania, Steven van Groningen.
So, on the one hand, that is clearly a risk because, then, why would we need banks in Romania if all it takes is sales channels, on the other hand, if you look to South-Eastern Europe, Romania is clearly the only country with the critical mass, with the size required to make a difference.
Romania has the opportunity to become a sort of regional center.
www.daily-news.ro /article_detail.php?idarticle=20615   (1864 words)

  
 CLUJ ROMANIA   (Site not responding. Last check: 2007-10-24)
Furthermore, www.romania-into.com will clarify for you with regard to cluj romania and the total area in the viscinity of Romania and cluj romania.
Glance at www.romania-into.com and see cluj romania plus further free tips regarding Romania and cluj romania and also you cannot let pass tourist attractions from kiss fm romania, flights romania, internet live radio romanian station, and into romanian joke we could definitely notice information linked to cluj romania.
Some Romania images are licensed from World66.com under, and are hereby subject to, the Creative Commons License.
www.romania-into.com /Romania-Books/cluj-romania.html   (165 words)

  
 Raiffeisen BANK dd Bosna i Hercegovina   (Site not responding. Last check: 2007-10-24)
Raiffeisen bank, conclusive as of this November 30, has reached assets amount of KM 2,02 billion.
Raiffeisen BANK dd Bosna i Hercegovina awarded with three “Golden Bam”: for the biggest bank assets in BiH, the biggest total capital and return on equity (ROE).
Raiffeisen Zentralbank Österreich AG (RZB) and its 15 Network Banks in Central and Eastern Europe were selected as winners of the „Best Trade Finance Bank in Central and Eastern Europe“ award.
www.raiffeisenbank.ba /english/vijesti/2004.htm   (1051 words)

  
 EBRD, Raiffeisen Bank support entrepreneurs in Romania [EBRD - Press Release]
The EBRD is lending Raiffeisen Bank Romania (RBRO) €10 million to help meet the growing demand among local entrepreneurs for finance to build, modernise or expand their existing businesses.
Raiffeisen Bank, the Romanian subsidiary of Austria’s Raiffeisen Zentralbank Österreich AG (RZB Group), will use the funds to make loans of up to €250,000 to local entrepreneurs.
Raiffeisen Bank Romania was established in 2002 following the merger between two RZB entities acting in the local market, namely Raiffeisenbank (Romania), established in 1998 as a subsidiary of the RZB Group and the former state-owned Banca Agricola, acquired by RZB in July 2001.
www.ebrd.com /new/pressrel/2004/117Aug18.htm   (404 words)

  
 Moldavian business portal - News   (Site not responding. Last check: 2007-10-24)
Raiffeisen Bank ranks the third place in Romania regarding assets, Raiffeisen is the second foreign large bank in Russia, and the group has recently acquired the biggest bank, Aval, in Ukraine.
The inflation dropped from 15.7 percent in 2003 down to 12.5 percent in 2004, and it was 10 percent in 2005.
Raiffeisen International Bank-Holding AG (Raiffeisen International) in Austria is a fully consolidated RZB subsidiary, acting as the holding and steering unit for the RZB Group's subsidiaries in CEE, above all its banking and leasing units.
www.mdinto.biz /news.php?nid=2164   (424 words)

  
 Bank's history
According to Raiffeisen's fundamental principle of self-help, the promotion of their members' interests is a key objective of their business policies.
Raiffeisen International, 100 per cent owned by RZB, is the holding company for RZB's most important subsidiaries in CEE.
RZB is the central institution of the Austrian Raiffeisen Banking Group, the country's most powerful banking group.
www.raiffeisenbank.com.ua /eng/about/history.htm   (278 words)

  
 Emerging Markets Economic Briefings   (Site not responding. Last check: 2007-10-24)
Raiffeisen Bank of Austria and the American investment bank Bear Stearns won the contract.
James Stewart, vice-president at Raiffeisen Bank, Romania, told the OBG on February 27, "It is true the process would have been more transparent if the government had opened up the project for tender.
"Romania is, from the East European group of countries that will join the European Union, the one with the shortest motorways," he said.
www.oxfordbusinessgroup.com /weekly01.asp?id=792   (1120 words)

  
 Raiffeisen BANK dd Bosna i Hercegovina   (Site not responding. Last check: 2007-10-24)
Raiffeisen BANK Bosna i Hercegovina is a subsidiary of Raiffeisen Zentralbank Österreich AG (RZB).
Raiffeisen International Bank-Holding AG (Raiffeisen International) acts as holding company for these banks and their subsidiaries.
Compared with year-end 2003, the balance sheet-total of Raiffeisen International has grown by 25.9 per cent to € 25.3 billion, which was almost exclusively attributable to organic growth.
www.raiffeisenbank.ba /english/rzb_grupa   (595 words)

  
 July 26, 2006
The Finance Minister explained Raiffeisen did not qualify because the score its bid got was at least 10% lower than the last (qualifying) bid.
He added the Austrian bank has opportunities to grow faster than the market average in Romania and that Raiffeisen Bank would continue to be a first rate player on the market even without buying CEC.
Riofisa representatives announced their intention to invest in Romania as early as the beginning of the year, attracted by the growth potential of the real estate market.
www.canada-business.ro /press/business-finance/today.htm   (2324 words)

  
 GlobalCollect Banks - EMEA
Raiffeisen Bank is a top universal bank on the Romanian market, providing a complete range of high quality products and services to private individuals, SMEs and large corporations via multiple distribution channels: banking outlets, ATM and EPOS networks, phone-banking and mobile-banking.
RZB-Austria (Raiffeisen Zentralbank Österreich AG) is the central institution of the Austrian Raiffeisen Banking Group (RBG), the country's most powerful banking group.
Raiffeisen Banks are private cooperative credit institutions, operating as general service retail banks.
www.globalcollect.com /Index?chapterid=1984   (979 words)

  
 InvestRomania - On Business   (Site not responding. Last check: 2007-10-24)
Banks in Romania do not close during lunch, and while this would seem like a good thing for the client, I can assure you it is not.
Noticeable also is the recent attempt by banks to become closer to their clients, seen primarily by the development of "home banking" services and the extension of working hours.
If we focus on the future of Romania, it is clear that a friendly environment for business will increase not only the foreign investments, but will also encourage the entrepreneurial spirit among Romanians.
www.investromania.ro /onbusiness/featurestorypage.php?id=1   (1837 words)

  
 Global Finance Magazine - Best Emerging Market Banks/Europe & Latin America
Raiffeisen’s timing of its acquisition of a controlling 61.3% of Priorbank looks spot on, as 2003 was a great year for Belarusian banks, with assets growing by 60% and profits nearly trebling across the board.
Raiffeisen may not be Romania’s largest bank—it is ranked third by assets—but it wins the award this year for its remarkable turnaround in the two years since privatization.
Raiffeisen is confident its enhanced capability of delivering quality services through multiple distribution channels, including telebanking and e-banking, will further strengthen its market position in Romania.
globalf.vwh.net /content?article_id=564   (6526 words)

  
 Bloomberg.com: Top Worldwide
Romania's inflation rate fell to 9.3 percent in December, the lowest annual rate since 1990, slightly higher than the 9 percent the government projected as part of the country's efforts to join the European Union in 2007.
Romania's new government, which introduced a lower, 16 percent flat tax on both personal income and profit as of Jan. 1 to boost investments, has an annual inflation target of about 7 percent by the end of this year.
National Bank of Romania Vice Governor Cristian Popa said in an interview last week that access by foreigners to lei deposits would be allowed in the first half of this year.
www.bloomberg.com /apps/news?pid=10000087&sid=aDWbmgtNrPU4&refer=top_world_news   (731 words)

  
 InvestRomania - On Business - Feature article   (Site not responding. Last check: 2007-10-24)
When studying this table, the investor will have the pleasant surprise of observing that, from the perspective of profitability of shares, Romania has four banks rated among the top 10 in Central Europe, a fact that may qualify the Romanian banking system as as one of high performance.
In Romania half of the banks are available online (Alpha Bank, Raiffeisen Bank, Robank, UniCredit Romania, Banca Romaneasca, Piraeus Bank, HVB Romania, Carpatica, BRD, BCR, Banc Post, Eximbank, Transilvania, Commercial Bank of Greece, Libra, CEC, ING Romania), but few of them share their annual reports online.
Are the transactions guaranteed?" It is true that in Romania Discovery cards are not yet accepted for payment, but all other international brands are present and can be used in the same conditions as anywhere else in the civilized world, both for cash withdrawals and retail shopping.
www.investromania.ro /onbusiness/feature.htm   (617 words)

  
 Raiffeisen Leasing   (Site not responding. Last check: 2007-10-24)
Raiffeisen-Leasing also intend to place emphasis on the subject of “ecological energy“, as in biomass and wind power, both in Western Europe, as well as in Eastern Europe.
At present, recruitment of staff is underway, with the focus of the company being on SMB’s and multinational corporations, in the field of real estate and movables leases.
It is also the intention to support Austrian customers in Germany, and to offer the services of the Raiffeisen network to German clients.
www.raiffeisen-leasing.at /extranet/ENGLISH/meta/presse/archiv03/005_archiv03W3DnavidW2611.shtml   (213 words)

  
 British Business Community
Austria's Raiffeisen Group has added 40 million euros to the share capital of its Raiffeisen Romania branch, following a decision to raise capital adopted by the board in early February.
The last operation of this kind was last summer, when Raiffeisen raised its capital by almost 45 million euros.
At the end of this month, Raiffeisen will transfer its central headquarters to the new building dominating Bucharest's Piata Charles de Gaulle, where it will occupy five floors.
www.ukbiz.ro /news.php3?newsID=16136   (370 words)

  
 BA-CA and Ion Tiriac have reached a pre-agreement to merge HVB Bank Romania with Banca Tiriac to create HVB Tiriac   (Site not responding. Last check: 2007-10-24)
The name Tiriac is associated with success and dynamic growth, not only in Romania but also in the rest of the world“, says BA-CA CEO Erich Hampel.
HVB Bank Romania is currently the seventh-largest local bank, with total assets of about EUR 1.4 billion, 320 employees, 12 branches and some 32,000 customers.
The merger is expected to take place before the end of this year and is subject to approval by all relevant authorities.
www.hvbgroup.com /cms/english/press/showdetail.html?id=8295   (709 words)

  
 The Diplomat - Bucharest
Well, banks in Romania are beginning to offer this second service through more advanced finance products so that, in order for rich clients to manage their wealth, they no longer need to jump on a jet plane and travel to Switzerland, Frankfurt or the British Virgin Islands.
Private banking services in Romania are free, but abroad the clients may pay around one per cent of the initial invested amount or of the profit gained, according to Anca Craciun, deputy executive director for private banking in BCR.
But one argument is that because of Romania's failure to fulfil its entry conditions confidently, such a vote on the country's future could have been seized by the European Parliament as a chance to wrestle more power for itself from member states and the European Commission.
www.thediplomat.ro /features_0505.htm   (5318 words)

  
 European Investment Fund   (Site not responding. Last check: 2007-10-24)
Under the Loan Guarantee Facility of the "Multiannual Programme for Enterprise (MAP)", EIF has today signed a EUR 20m agreement with Raiffeisen Bank SA (RB) in Romania, marking the EIF's first agreement with an intermediary in Romania and marking EIF's fifth guarantee deal in an Acceding/Accession Country under the MAP Facilities.
Raiffeisen Bank SA is the result of the merger between the former Banca Agricola and Raiffeisenbank Romania, the corporate subsidiary of RZB Romania.
In line with the additionality requirements and objectives of the Facility and, thanks to the EIF guarantee, RB will offer a new lending programme with reduced collateral requirements and either an extension of the maximum loan maturity or a lower margin charged to SMEs.
www.eif.org /News/news.asp?news=64&style=printable   (207 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.