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RBI to Acquire More Clients in Romania

People ♦ Published: March 21, 2013; 15:59 ♦ (Vindobona)

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RBI (Raiffeisen Bank International) is attaining a portfolio of private clients by Citibank via affiliate Raiffeisen Bank S. A.

RBI to Acquire More Clients in Romania / Picture: © Flickr / St. Petersburg International Economic Forum

According to a statement by Raiffeisen, the contract was signed today. The purchase does not come as a surprise since the media has already been reporting about the plans of acquisition. Raiffeisen will take over more than 100,000 private clients and gross assets amounting to € 90m as per December 31, 2012. Furthermore, all employees of Citibank’ business line in Romania will be…