Raiffeisenbank

Type
Business expansion
Country
Czechia
Region
Česko;
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
100 jobs
Number of planned job creations
Job creation
Announcement Date
7 February 2011
Employment effect (start)
28 February 2011
Foreseen end date
31 December 2011

Description

Raiffeisenbank announced its plan to expand operations in the Czech Republic and to create at least 100 jobs by the end of 2011. The bank plans to open 40 new branches (currently it operates 106 branches in the country) and intends to focus mostly on wealthy clients. The first branch will open by the end of February 2011.

Sources

  • 7 February 2011: Hospodárske noviny

Citation

Eurofound (2011), Raiffeisenbank, Business expansion in Czechia, factsheet number 71561, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71561.