Vienna-based Raiffeisen Bank International (RBI) and Spanish Banco Santander, S.A.
have recently concluded a cooperation agreement regarding the mutual referral
and servicing of corporate customers. Especially small and medium-sized enterprises
and large international corporations are targeted to benefit from the partner banks’
service offerings on their respective home markets.
While RBI is clearly focused on Central and Eastern Europe (CEE), Banco Santander is
active in Europe and the Americas.
Peter Lennkh, RBI Managing Board member in charge of Corporate Banking, is
pleased with the arrangement: “This agreement creates added value for our
respective customers, and we thereby strengthen our position as a reliable partner
for them.” Javier Arias, responsible for International Business Development at Banco
Santander, adds: “This is a win-win situation for both our customers and us. We are
glad to present a strong partner for our customers wanting to expand to other
First business transactions under the cooperation agreements have already been