Raiffeisenbank (Russia)

AO Raiffeisenbank (Russian: АО «Райффайзенбанк») is a bank in Russia. It is a subsidiary of Raiffeisen Bank International, which in turn is a fully controlled subsidiary of Raiffeisen Zentralbank. It was founded in 1996 as Raiffeisenbank Austria and has expanded considerably following the 2006 takeover of Russia's Impexbank.

Raiffeisenbank
Native name
Райффайзенбанк
TypeJoint-stock company
IndustryFinancial services
Founded1996 (1996)
Headquarters,
Revenue115,110,900,000 Russian ruble (2017) 
RUB 38.078 billion (2020)[1]
Total assetsRUB 1448.967 billion (2020)[1]
Total equityRUB 175.083 billion (2020)[1]
ParentRaiffeisen Bank International
RatingBa1 (Moody's), BBB (Fitch), BBB- (S&P) (2020) [2]
Websitewww.raiffeisen.ru

Raiffeisenbank is one of Russia's major banks. At the end of 2020, it ranked 7th among Russian banks in net profit (36.788 billion rubles), 10th in terms of assets (1,457.253 billion rubles) and 11th in terms of capital (189.236 billion rubles).[3] In the Forbes World Best Banks list, published in April 2021, Raiffeisen Bank ranks first among Russian banks.[4]

The bank's subsidiaries in Russia are Raiffeisen-Leasing, Raiffeisen Pension Fund, and Raiffeisen Capital.

See also

  •  Banks portal

References

  1. "Key facts and reporting of Raiffeisenbank". www.raiffeisen.ru. Retrieved 2021-04-05.
  2. "Credit ratings". www.raiffeisen.ru. Retrieved 2021-04-05.
  3. "ИНТЕРФАКС-100. Банки России. Основные показатели деятельности - 2020 г." (in Russian). Interfax. Retrieved 2021-06-10.
  4. "World Best Banks". Forbes. 2021-04-13.
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