Raiffeisen Bank Hungary

Raiffeisen Bank Hungary is an Austrian-owned Hungarian private bank.

 History 
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.Unicbank terjeszkedés , HVG, 1995/29, 1995. július 22. 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

Category:1986 establishments in Europe
Category:20th-century establishments in Hungary
Category:Banks of Hungary
Category:Organizations based in Budapest