Raiffeisen Zentralbank Osterreich AG (RZB), a member of the
Raiffeisen banking group, has established a representative office
in Spain, according to ENP Newswire.

“The primary goal of our new representative office in Madrid is
to enable us to service those Spanish business customers who wish
to take advantage of RZB’s network in Central and Eastern Europe,”
explained RZB’s CEO Walter Rothensteiner. “Spanish banks do not yet
have a significant presence in this region. We will therefore bring
Europe’s fastest-growing markets closer to Spain.”
RZB is present in six Western European financial centres.

“These offices have established themselves as the primary point
of contact for clients seeking to do business in Central and
Eastern Europe (CEE). Spain will be the seventh bridgehead,” said
Herbert Stepic, deputy CEO of RZB, responsible for international

The representative office will be headed by Claudio Novack Diez,
a Spaniard with over 25 years of experience in international

RZB is the central institution of the Austrian Raiffeisen
Banking Group, the country’s largest banking group. It is a leading
corporate and investment bank in Austria and also considers Central
and Eastern Europe (CEE) as its home market. RZB is the only
Austrian bank with a global network of business units reaching all
important finance centres around the globe. It is also present in
Asia via its branches and representative offices.

Via listed subsidiary Raiffeisen International Bank-Holding AG,
RZB operates one of the largest banking networks in the CEE. 17
markets are covered by subsidiary banks, finance leasing companies
and a number of other financial services providers. About 14
million customers are attended to through more than 3,000 business

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.