Raiffeisen Zentralbank

Raiffeisen Zentralbank
Native name
Raiffeisen Zentralbank Österreich AG
Company typejoint venture of cooperatives
IndustryFinance and Insurance
Founded16 August 1927
Defunct18 March 2017
Fatereverse merger with Raiffeisen Bank International
HeadquartersVienna, Austria
ServicesCommercial banking, investment banking, private banking, asset management
Increase €236.864 million (2015)
Total assetsDecrease €138.426 billion (2015)
Total equityIncrease €5.388 billion (2015)
Ownerregional Raiffeisenlandesbanks (82.4%)
Number of employees
ca. 55,400 (?)
SubsidiariesRaiffeisen Bank International (60.7%)
Websitewww.rzb.at
Footnotes / references
in consolidated basis[1]

Raiffeisen Zentralbank Österreich A.G. (RZB) was a significant bank in Austria and the central institution of the Raiffeisen Banking Group (RBG) until its merger into its subsidiary Raiffeisen Bank International (RBI) in 2017.

It had subsidiaries held via RBI in, amongst others: Ukraine, Hungary, Czech Republic, Romania, Kosovo, Albania, Bulgaria, Serbia, Bosnia-Herzegovina, Croatia, and Switzerland. The largest of these subsidiaries by far was Raiffeisenbank (Russia) which accounted for 74 percent of the company's pretax profit.[2]

  1. ^ "2015 Annual Report" (PDF). Raiffeisen Zentralbank. 2016. Archived from the original (PDF) on 2016-08-19. Retrieved 1 August 2016.
  2. ^ "European Banks Expect Only 'Limited' Impact from Sanctions on Russia". 21 August 2014.