ZAO Raiffeisenbank will be housed in a new
The Menger Business Centre, where Raiffeisenbank’s back office will be located, is part of the first phase of Nagatino
«More than five years ago, we decided to consolidate our back offices in one building,» says Gert Hebenstreit, a member of the Board, Head of the Operations and IT Directorate at ZAO Raiffeisenbank. «Since then, we have been looking for an appropriate site. In the end, we chose the Menger Business Centre, which is part of Technopark Nagatino
«We see Raiffeisenbank’s decision to choose a building in the technopark as a strong endorsement of the project,» notes Andrei Astakhov, CEO of the Nagatino
The financial details of the transaction were not disclosed.
The project is located in the western section of Nagatinskaya bottomland on Andropov Avenue (reconstruction of the territory formerly occupied by the ZIL factory). Nagatino
The first phase of the technopark (216,000 sq.m, 8 buildings) has been completed and is home to the offices of Russian and overseas companies. The list of technopark tenants includes companies such as UniCredit Bank, LBBW (Landesbank Baden-Württemberg), Investtorgbank and others.
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 10th among the Russian banks in terms of assets, based on Q1 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.
Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. Around 59,000 employees service about 13.8 million customers through around 2,900 business outlets, the great majority of which are located in CEE. Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.