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Raiffeisen comes to Kazakhstan


Raiffeisen decided to establish a daughter bank in Kazakhstan  

Raiffeisen enters the markte of Kazakhstan, press service of Raiffeisen International Bank-Holding informs. The banking group Raiffeisen manages assets in Central and Eastern Europe.

The administration of Raiffeisen considers at present time as the most suitable for entering a new market. The new bank starts to operate in 2009. The bank is located in Almaty and serves corporate customers.

The bank will be the fourth daughter bank in the CIS. Raiffeisen Bank already works in Russia, Ukraine and Belorussia.  

Source: Finmarket