Raiffeisen Bank Case Study
RBI employs about 58.000 people and has total assets of around 131 billion euros. The merging of Raifeissen Bank HPB into Raiffeisen Bank dd Bosnia and Herzegovina enabled the bank to significantly expand …show more content…
A very important thing when it comes to a service corporation is that it has to compensate its intangibility through an excellent customer service, as well as keeping up with the revolution of technology. This is one of the main reasons I have chosen this institution, due to its capability to adapt to the everyday changes in market.
Being a part of the Deposit insurance agency, Raiffeisen was among the first banks to sign a contract of deposit insurance. I personally was sent to its main institution – headquarter in Sarajevo, however, the bank has a branch network with offices throughout the whole country.
Aside from Raiffeisen BANK itself, it has other institutions such as: Raiffeisen INVEST, Raiffeisen CAPITAL, Raiffeisen SAC; Raiffeisen LEASING and Raiffeisen ASSISTANCE.
1.3. Mission and …show more content…
It is important to say that the debtor clients over whom enforced liability is carried out can be:
legal entities that have accounts with banks
natural persons engaged in activities and have accounts with banks
banks that have accounts with the Raiffeisen bank.
Enforced collection is done on all the debtor's accounts (local currency deposit and foreign currency) in currency corresponding to the state which the enforcement is carried out. In cases where the creditors are foreign natural or legal persons are awarded by a court decision shall be executed in favor of non-resident accounts with banks in the dinar equivalent of foreign currency debt. The execution of decisions and orders shall be made by exchange of electronic messages between levies and bank identification number through the blockade of the debtor, including the blockade of the entire debtor's accounts at all banks and the prohibition of such debtor banks to open new accounts.