Raiffeisen Bank International: improved profitability and risk outlook.
We think the management team of Raiffeisen Bank has made a timely decision on adjusting its position in its home markets. The Czech Republic, Romania, and Slovakia are the markets where the bank is currently looking to grow, while in Russia and Ukraine, the bank has been shrinking its operations because of country-related macroeconomic and economic concerns. In Russia, it has maintained its strategic focus on high-quality customer service and reduction of RWAs to expand its loan portfolio in a v...Raiffeisen Bank International is a universal bank focusing on corporate and retail customers in Central and Eastern Europe (CEE) and on corporate customers in Austria. In CEE, Co. consists of a network of banks, leasing companies and financial service providers. In Austria, Co. is involved in corporate finance and export and trade finance banks. Co. provides services to customers in 2,800 branch offices. In the retail banking business, Co.'s product and service portfolio comprises inter alia credit services (mortgages, credit cards and personal loans), as well as payment transaction and current account package services. As of Dec 31 2014, Co.'s total assets amounted to Euro121.6 million
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