Stepic Says RBI Is Winning Clients From Greek Banks, FAZ Reports

Raiffeisen Bank International Chief Executive Officer Herbert Stepic said the company’s market share in eastern Europe is rising as customers move from Greek banks operating in countries such as Romania and Bulgaria to other lenders, the Frankfurter Allgemeine Zeitung reported today.

Stepic said the economic and fiscal situation in eastern Europe is better now than it was at the beginning of the global financial crisis three years ago, according to the FAZ.

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