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Raiffeisen Bank Romania’s Private Banking Division surpasses €1 billion in assets

Early last year, the Raiffeisen Private Banking Division also took over the coordination of the Premium Invest client segment, managing personal assets of at least 60,000 euros.

Alexandru Cristescu, Director, Raiffeisen Private Banking

Raiffeisen Bank Romania’s Private Banking Division has reported that its total assets in investment products have now reached €1 billion. This milestone reflects growing interest among clients for diversified and sustainable investment options. As part of its 2024 strategy, the division has introduced new products that include international sustainability-focused investment funds, corporate bonds, and capital-protected certificates.

Among the recent additions to Raiffeisen Private Banking’s portfolio are two international funds focused on environmental and sustainable investment. The Raiffeisen Smart Energy Fund, a euro-denominated equity fund, targets global companies in the smart energy sector, including those involved in greenhouse gas reduction and energy efficiency. Another addition, the Raiffeisen Dollar-ShortTerm Fund, is a dollar-denominated bond fund with a short- to medium-term horizon, aimed at providing relatively stable returns with moderate risk. These funds cater to clients seeking environmentally responsible investments in the global market.

In response to client interest for safer growth options, the division recently launched a capital-protected certificate that enables exposure to the local stock market. This certificate allows clients to participate in potential market growth while protecting the initial capital invested at maturity. Additionally, the division has expanded its corporate bond offerings with dollar-denominated bonds, providing another option for portfolio diversification.

Earlier this year, Raiffeisen Private Banking took over management of its Premium Invest client segment, focusing on clients with personal assets of at least €60,000. This segment now has access to a broader range of financial products, along with support from a dedicated team of personal bankers who offer customized advice and solutions for clients’ investment needs.

The division’s growth in assets to €1 billion underscores Raiffeisen’s approach to meeting client demand for a blend of return, security, and sustainability. Raiffeisen Bank Romania has indicated that it plans to continue expanding its product range in response to evolving market trends and client expectations, particularly in the area of sustainable finance.

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