Raiffeisen Bank S.A. is a top universal bank on the Romanian market. The Bank provides a complete range of high quality products and services for private individuals, small and medium-sized enterprises (SMEs) and large companies, via multiple distribution channels: banking outlets (over 500 throughout the country), ATM and EPOS networks, phone-banking (Raiffeisen Direct), mobile-banking (myBanking) and internet banking (Raiffeisen Online).
Raiffeisen Bank services almost 2 million retail customers, out of which approximately 100,000 SMEs. The Bank has various specialized units such as the "retail agency" that services individuals and SMEs. Raiffeisen Bank S.A. is a subsidiary bank of Raiffeisen Bank International (Austria).
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No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters