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RZB expands to California.

RZB has opened a Representative Office in Los Angeles. It reports to RZBFinance LLC, New York, and is the Group’s sixth unit in America to date."Our new Representative Office in Los Angeles offers our customers apoint of contact on the west coast. RZB is now present on both sides ofthe Pacific, because it is also represented by several branches on theRussian side of the ocean and by offices in Korea, China, Hong Kong,Vietnam and Singapore," explained RZB CEO Walter Rothensteiner.

The new Representative Office in Los Angeles is an ideal supplement tothe existing network in the USA. Raiffeisen Zentralbank Osterreich AG(RZB) is represented in New York by a Representative Office and theheadquarters of its subsidiary RZB Finance LLC. Additionalrepresentative offices of RZB Finance in Chicago and Houston and abranch in Bethel (Connecticut), in which also the administrative unitsof RZB Finance are located, round off RZB''s American network.

The Representative Office in Los Angeles is managed by J. DeeChristensen. He looks back on nearly 30 years of experience in Americanbanks, including California Bank& Trust, Comercia Bank, Bay ViewFinancial Corp. and Finova Capital Corp.


RZB Finance LLC, Los Angeles Representative Office, JDee Christensen

29556 Fountainwood St., Agoura Hills, CA 91301, USA

Phone +1-818-706-7385, Fax: +1-818-706-7305,

Raiffeisen Zentralbank Osterreich AG (RZB) is the central institution ofthe Austrian Raiffeisen Banking Group, the country''s largest bankinggroup. It is a leading corporate and investment bank in Austria and alsoconsiders Central and Eastern Europe (CEE) as its home market. RZB isthe only Austrian bank with a global network of business units reachingall important finance centres around the globe. It is also present inAsia via its branches and representative offices.

Via listed subsidiary Raiffeisen International Bank-Holding AG, RZBoperates the largest banking network in CEE. 18 markets are covered bysubsidiary banks, finance leasing companies and two representativeoffices. Approximately 12.5 million customers are attended to throughmore than 2,900 business outlets.

For further information please contact Andreas Ecker-Nakamura (+43-1-71707-1753, Wilfried Stockl (+43-1-71 707-1959,,


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