The best Euromoney EEC bank for wealth management 2021: Raiffeisen Bank International
With a unique reach in small to medium-sized enterprises and the mass segments of the wealthy in Central and Eastern Europe, as well as a long tradition of wealth management in its Austrian home market, Raiffeisen International Bank (RBI) is uniquely positioned to play a leading role in private banking in the region.
The group, which has the most extensive commercial banking network in Central and Eastern Europe, added Serbia to the list of markets with dedicated private banking operations last summer. RBI already occupies a leading position in the segment in the Czech Republic, Slovakia, Hungary, Croatia, Romania and Russia.
Andras Kallay, executive director of RBI’s private bank and director of retail investments, describes operations in Central and Southeastern Europe as a “classic domestic onshore private bank”.
In addition, customers can choose to use the local branch of the Friedrich Wilhelm Raiffeisen group or its branch Kathrein Privatbank based in Vienna, one of the traditional private banks in Austria.
In Russia, RBI’s offer is even wider. Clients can combine the two, opting for a local relationship manager but with an international facility in Vienna.