Raiffeisen Bank Romania Overview and Key Facts

Raiffeisen Bank Romania is one of the largest banks in the country, with a significant presence in the financial market.

The bank was founded in 1998 as a subsidiary of Raiffeisen Zentralbank Österreich AG, an Austrian bank.

It has over 300 branches across Romania, providing a wide range of financial services to its customers.

Raiffeisen Bank in Romania has a significant history. It was privatized in April 2001 for 52 million dollars.

The privatization led to a shift in focus from the rural area to the urban area. Raiffeisen Bank acquired the retail credit division of CitiBank Romania on March 20, 2013.

In 2015, Raiffeisen Bank introduced a new feature allowing customers to buy personal loans without income proof. This was a significant change in their services.

Raiffeisen Bank was the first bank in Romania to increase the down payment for mortgage loans in lei and euro in 2016.

Here are some key events in Raiffeisen Bank's history:

Raiffeisen Bank (Romania) is deeply involved in the community, with a strong focus on sustainability. They prioritize selecting projects that have a positive impact on the environment and the community.

Their commitment to sustainability is evident in their financial decisions, with a significant increase in sustainable financing over the years. They were even the first bank to issue green and sustainability bonds on the Romanian capital market.

Through their Raiffeisen Comunități program, they provide funding to support various community development initiatives, including education, job training, and social projects. The program has been running for 13 years and has recently transitioned into an accelerator for NGOs focused on sustainability.

We're deeply involved in our community, and our main achievements in this area are quite impressive. We've made a commitment to support CSR initiatives, but also to carefully select the projects we fund.

Our focus is on placing capital in a sustainable economy, and we've made significant strides in this area. We're the first bank to issue green and sustainability bonds on the Romanian capital market.

We've set out to support actions that promote "engaged citizens", whether it's environmental or financial education, upskilling projects for jobs, or social projects that help bridge the gap between developed and disadvantaged areas.

Our emblematic program, Raiffeisen Comunități, has entered a new phase of development, transforming into an accelerator for NGOs focused on sustainability. This year's edition will provide a total of 1 million euros for 20 projects that address various priorities, such as sustainable cities and communities, responsible consumption and production, or partnerships for achieving sustainable development goals.

In our 14th Sustainability Report, we're proud to share our progress in reducing our environmental footprint. We've decreased our greenhouse gas emissions by 25% since 2015.

Our commitment to sustainability is driven by a desire to protect the planet for future generations. This includes reducing energy consumption in our operations by 30% over the same period.

We've made significant strides in water conservation, reducing our water usage by 40% since 2010. This achievement is a testament to our dedication to responsible resource management.

Our employees are at the forefront of our sustainability efforts, with 90% of them participating in our annual sustainability survey. This engagement has led to valuable insights and ideas for improvement.

We're also committed to transparency, releasing detailed information on our sustainability performance in our annual report. This includes data on our energy consumption, water usage, and waste management practices.

According to the financial reports, Raiffeisen Bank (Romania) had a turnover of 1,144 million euros in 2014.

The bank's turnover continued to grow, reaching 1,245 million euros in 2015.

In 2016, Raiffeisen Bank's turnover was 1,355 million euros.

The following year, 2017, saw a turnover of 1,465 million euros.

By 2018, the bank's turnover had increased to 1,575 million euros.

In 2019, Raiffeisen Bank's turnover reached 1,695 million euros.

The bank's turnover continued to grow, reaching 1,825 million euros in 2020.

In 2021, Raiffeisen Bank's turnover was 1,955 million euros.

By 2022, the bank's turnover had increased to 2,085 million euros.

Raiffeisen Asset Management is a significant player in Romania's asset management scene, with a market share of 24.5% in October 2009.

The company administers a total of 935 million lei in assets.

Raiffeisen Asset Management has a diverse portfolio, managing seven investment funds, including six open-ended funds and one closed-end fund, Raiffeisen Strategii Valutare.

Here's a brief overview of the open-ended funds:

Raiffeisen Investment AG is a division of Raiffeisen with revenues of 0.4 million euros in 2006.

Raiffeisen Financial Advisers România was founded in July 1998 and is 100% controlled by Raiffeisen Investment AG.

Raiffeisen Financial Advisers România offers financial consulting services, due diligence, mergers and acquisitions, business plan evaluation, company evaluation, and transaction structuring.

Raiffeisen Banca pentru Locuințe is a savings and mortgage bank founded in 2004.

It became the first mortgage bank in the Romanian banking system by acquiring HVB Banca pentru Locuințe in 2008.

Raiffeisen Asset Management is a significant player in the Romanian asset management market, with a market share of 24.5% in October 2009, managing a total of 935 million lei in assets.

They are the second-largest asset management company in Romania, after the total assets. The company administers seven investment funds, six of which are open-ended and one is a closed-end fund, the Raiffeisen Strategii Valutare.

One of the notable funds managed by Raiffeisen Asset Management is the Raiffeisen Euro Plus, which invests exclusively in euro-denominated interest-bearing instruments.

The company also manages a range of other funds, including the Raiffeisen Monetar, which invests in bank deposits and other monetary market instruments, and the Raiffeisen Benefit, which invests up to 50% of its assets in both local and international equities.

Here are some of the funds managed by Raiffeisen Asset Management:

The company's expertise in managing various types of funds makes it a reliable partner for investors seeking diversified investment portfolios.