September 25, 2017 10:29 AM ET

Banks

Company Overview of Raiffeisenbank a.s.

Company Overview

Raiffeisenbank a.s. provides various banking products and services to private individuals and corporate clients in the Czech Republic. The company operates through the Corporate Banking, Retail Banking, Treasury and ALM, and Other segments. It accepts deposits; offers credit; invests in securities; issues payment facilities and guarantees; opens letters of credit; and provides finance leasing, payments and clearing, collection, investment, financial brokerage, depository, foreign exchange, and banking information services. The company also issues mortgage bonds; trades in foreign currency assets; engages in the rental of safe-deposit boxes; offers activities related to bank license; and prov...

Hvezdova 1716/2b

Prague 4

Prague,  140 78

Czech Republic

Founded in 1993

3,091 Employees

Phone:

420 2 3440 1111

Fax:

420 2 3440 2111

Key Executives for Raiffeisenbank a.s.

Chairman and Chief Executive Officer
Age: 50
Chief Financial Officer, Head of Finance and Executive Director for Finance
Head of Operations, Executive Director of Operations and Director
Age: 41
Chief Executive Officer of ZAO Raiffeisenbank
Age: 44
Vice Chairman, Executive Director of Corporate Banking and Head of Corporate
Age: 59
Compensation as of Fiscal Year 2017.

Raiffeisenbank a.s. Key Developments

Raiffeisenbank Reports Earnings Results for the First Quarter of 2017

Raiffeisenbank reported earnings results for the first quarter of 2017. The company's net profit rise by 32% to CZK 682 million in annual terms and its total assets posted an annual increase of 31% to CZK 352 billion. Net interest income of CZK 1.51 billion was virtually the same as in last year. Net fee income increased by 8.7% to CZK 453 million because of a one-off revenue primarily in the corporate segment. Adjusted for this effect, the income would be comparable in annual terms. Operating revenues grew by 4.4% year/year to CZK 1.65 billion due to a higher one-off reserve for mandatory contributions to the crisis resolution fund.

Raiffeisenbank Reports Earnings Results for the Year 2016

Raiffeisenbank reported earnings results for the year 2016. For the year, the company’ net profit raised by 2.6% to CZK 2.6 billion last year.

Raiffeisenbank Czech Republic Announces Change of Branch Network Head

Martin Procházka was appointed as branch network head at Raiffeisenbank Czech Republic, replacing Josef Malí, who recently retired. Working for the company since 2005, Procházka will be responsible for the further development of the bank's branch network and increasing the satisfaction of clients and employees.

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