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First foreign “greenfield-bank” in Bulgaria

Established in 1994, Raiffeisenbank (Bulgaria), which is fully owned by Raiffeisen Bank International AG (RBI), is the first 100 % greenfield investment of a foreign bank in Bulgaria.

Raiffeisen Bank International (RBI)  is a leading universal bank offering a wide range of bank products for corporate and individual clients, small and medium enterprises, and institutional clients. The total assets amount to approximately BGN 6.25 billion. More than 2,770 employees service more than 637,000 customers through its branch network comprising 147 branches.

RBI regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialized financial service providers in 15 markets. Around 51,500 RBI employees service about 14.9 million customers through more than 2,700 business outlets, the great majority of which are located in CEE.

Since 1994, Raiffeisenbank (Bulgaria) has received numerous international and national prestigious awards: e.g. Bank of the Year (2005, 2006, 2008) by the renowned The Banker magazine; Global Finance Award as best bank in Bulgaria (2005, 2008). In 2010 and 2011 the bank received the “Mystery Shopper” award by the Association “Bank of the Year” for the quality of its services. In addition Raiffeisenbank won several awards for its corporate social responsibility.
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