Raiffeisen Teams Up with Bitpanda to Expand Crypto Offerings Across Europe
Raiffeisen Bank International (RBI), an Austrian banking group operating across Central and Eastern Europe, is expanding its cryptocurrency offerings through a partnership with Bitpanda. The joint announcement comes as RBI sees growing demand for crypto assets among its customers.
Through the partnership, Bitpanda Enterprise will provide digital asset infrastructure to RBI's network banks, allowing them to introduce crypto services to their clients. This move aims to reach around 18 million customers across the region, although individual banks will determine their offerings and rollout based on local market and regulatory requirements.
RBI CEO Michael Höllerer stated that the bank is addressing customer needs with Bitpanda's help. 'As a customer-centric bank, we are committed to meeting our customers' needs in the best possible way,' he said.