Raiffeisen Zentralbank
It had subsidiaries held via RBI in, amongst others: Ukraine, Hungary, Czech Republic, Romania, Kosovo, Albania, Bulgaria, Serbia, Bosnia-Herzegovina, Croatia, and Switzerland.The founding took place roughly four decades after the establishment of the first Austrian savings and loan cooperative to use the system devised by Friedrich Wilhelm Raiffeisen.Founded primarily as a liquidity equalisation office for the Raiffeisen Banking Group, the company in its first ten years of operation significantly expanded its business activities through the 1930s to include fields such as foreign exchange and currency transactions, lending, acceptance of deposits and investment in securities.Working with the co-operatives also allowed the institution to offer each and every Raiffeisen bank and its customers a universal range of financial services.holds a stake of approximately 78.5% (with the rest of the shares in free float) and operates one of the largest banking networks in CEE.[6] The bank asked the Austrian taxpayer to buy preferred shares of Raiffeisen valued at €1.75 billion in a capital-raising measure.The subsidiaries of RZB, other than RBI, included: Raiffeisen Zentralbank, the Raiffeisen regional banks and Raiffeisen-Holding Niederösterreich-Wien have numerous investments in companies in various fields of business: The most well known of these are: Additional companies in which RZB holds a stake include: Theft of Jewish Property Raiffeisen Zentralbank had charges brought against them by (plaintiffs) present and former nationals of Austria, and their heirs and successors, who sought compensation for the theft of their property during the Nazi Era and the Second World War.When Moldovan journalist Natalia Morar investigated money flows involving Raiffeisen Zentralbank, she said she received a death threat from the FSB and she was banned from Russia.On 6 August 2004, Interfax reported "100 percent subsidiaries of Russia's Gazprombank and Austria's Raiffeisen Bank created the RosUkrEnergoprom company for the supply of Turkmen gas to the Ukrainian market.