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Raiffeisenbank increased its mortgage portfolio by a quarter
March 28 2019
At the end of 2018, Raiffeisenbank ranked 7th in the ranking of banks in terms of the mortgage portfolio size prepared by Expert RA Agency. Over the past year, the portfolio volume increased by 24%, amounting to 117.5 billion rubles.
Raiffeisenbank also entered the top 10 banks in terms of mortgage lending, showing an increase of 7.2%. The volume of mortgage loans provided in 2018 reached 63.4 billion rubles.
«We are proud that more and more people choose Raiffeisenbank every year and become our mortgage clients," Oksana Matyushenko, the Head of the Secured Loan Product Development and Support Department at Raiffeisenbank noted. «Our goal remains the same — to improve our mortgage products every year, offering convenient services for our clients.»
AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank takes the 10th place in terms of assets at the
Raiffeisen Bank International AG is a leading corporate and investment bank in the financial markets of Austria and in the countries of Central and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International is represented in 13 markets and provides a wide range of financial services, including leasing, asset management and support for mergers and acquisitions transactions.
More than 47,000 employees serve 16.1 million clients in more than 2,100 branches, most of which are located in Central and Eastern Europe. Raiffeisen Bank International shares are listed on the Vienna Stock Exchange.
After the merger of Raiffeisen Bank International and Raiffeisen Centralbank Austria AG (RCB) in March 2017, the merged bank (as previously RBI) operates under the name Raiffeisen Bank International AG. RBI has acquired all rights, obligations and liabilities of RCB.
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