Raiffeisen International Bank’s direct banking
unit Zuno has proven to be a hit for the lender in Slovakia.
Since launching Zuno in Slovakia six months
ago, Raiffeisen International Bank has registered 18,000 customers
and over €125m in deposits ($181.63m).
Go deeper with GlobalData
The majority of deposits came from savings
accounts.
Herbert Stepic, Raiffeisen International
Bank’s CEO Herbet Stepic, said:
“The volume of deposits that ZUNO has generated in Slovakia during
a relatively short timeframe underlines our conviction that our
direct bank is well-positioned to attract customers from the
rapidly growing segment of modern and internet savvy
individuals.”
Stepic told RBI in February that the launch of Zuno in
Slovakia would be followed by the Czech Republic in 2011 and later
in Hungary and Poland.
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By GlobalDataStepic said the bank decided to roll
out an online bank when asset liquidity began to decline with the
onset of the financial crisis.
“If we can generate more deposits
with Zuno, we can hedge the whole group,” Stepic said.
