Raiffeisenbank Austria d.d. (Croatia)

Address

Magazinska cesta 69, 10000, Zagreb, Croatia

BIC

RZBHHR2X

Overview

Business Focus

universal banking

Raiffeisenbank Austria d.d. started its business activities in 1994. Raiffeisenbank Austria d.d. is wholly-owned by Raiffeisen Bank International (Austria) and a member of Raiffeisen Banking Group. Raiffeisenbank Austria d.d. provides a comprehensive range of banking and other financial services to its customers, individuals and companies in Croatia.

Performance

In 2023, Raiffeisenbank Austria d.d. achieved the position of 6th largest bank in Croatia with a market share of 8.40%; its total assets dropped by 86.21%.

Additionally, the bank became the 9th profitable bank in relation to its total assets showcasing 0.35% return on assets and 3.28% return on equity in 2023.

Also the lender held the 14th position regarging its loans-to-deposits (L/D) registering 64.65% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Croatian deposit guarantee scheme in Raiffeisenbank Austria d.d.

Market Share (#6 in Croatia)

Market Share of Raiffeisenbank Austria d.d.

Ratios

RoA

0.35%

RoE

3.28%

L/D

64.65%

Services

retail banking

premium banking

private banking

corporate banking

brokerage services

Products

current accounts

giro accounts

debit cards

credit cards

savings accounts

time deposit accounts

housing savings accounts

pension savings accounts

investment funds

consumer loans

housing loans

Account Currencies

HRK (Croatian kuna)

EUR (Euro)

USD (US dollar)

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Raiffeisenbank Austria d.d. delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets of Raiffeisenbank Austria d.d.

Annual_profit of Raiffeisenbank Austria d.d.

Total Assets (2023)

6,599.60 mln EUR (+3.89%)

Annual Profit (2023)

95.90 mln EUR (+158.72%)

Raiffeisenbank Austria d.d. is the 6th largest bank in Croatia in terms of total assets. In 2023 its total assets were 6 599,60 mln EUR, providing the bank with the market share of 8.40%. In 2023 the bank's annual profit was 95,90 mln EUR.

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: Baa1

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Raiffeisenbank Austria d.d. is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).

Deposit Guarantee

Guarantee Fund

State Agency for Deposit Insurance and Bank Resolution (DAB)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons
legal entities

Covered Accounts

all accounts

Raiffeisenbank Austria d.d. participates in the deposit guarantee scheme of Croatia which applies to all accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Raiffeisenbank Austria d.d. is a member of State Agency for Deposit Insurance and Bank Resolution (DAB) and makes its contributions into it.