Raiffeisen Bank Hungary
 | |
Native name | Raiffeisen Bank Magyarország |
|---|---|
| Company type | Private |
| Founded | 1986 |
| Headquarters | , |
Area served | Hungary |
| Services | Financial services |
| Owner | Raiffeisen Bank International |
Raiffeisen Bank Hungary is an Austrian-owned Hungarian private bank.
History
[change | change source]On December 10, 1986, the predecessor of the company, Unicbank, was established with a founding capital of 1 billion forint, with participation from Hungarian owners and three international financial institutions. It started operations on January 1, 1987, the day the two-tier banking system was introduced in Hungary, with 36 employees.[1] On January 1, 1997, the bank's name was changed to Raiffeisen Unicbank. On January 18, 1999, with the launch of the retail banking division, the bank's name became Raiffeisen Bank.
References
[change | change source]- ↑ Unicbank terjeszkedés Archived 2013-10-15 at the Wayback Machine, HVG, 1995/29, 1995. július 22.