Raiffeisen International Bank-Holding AG (Raiffeisen International) wasincluded officially into the Morgan Stanley Capital International (MSCI)European Stock Index yesterday evening. Inclusion in this index causesautomatically stronger demand for the stock by international investorsand fund managers who use this index as a benchmark for theirinvestments.
Raiffeisen International operates one of the leading banking networks inCEE with 16 subsidiary banks and many leasing companies in 16 markets.9.2 million customers are served via 2,400 business outlets. RaiffeisenInternational is a fully consolidated subsidiary of RaiffeisenZentralbank ?sterreich AG (RZB), which owns 70 per cent of the commonstock. The remaining 30 per cent is free float, the shares are traded onthe Vienna Stock Exchange. RZB is a leading corporate and investmentbank and the central institution of the Austrian Raiffeisen BankingGroup, the country''s most powerful banking group.