Austria's RZB Gets Branch Status For Treasury Trading In Singapore
BANKS
SINGAPORE--Raiffeisen Zentralbank Osterreich (RZB), the Vienna-based investment bank, has made its debut in the Asia-Pacific market with a branch opening in the Lion City, says Douglas Chew, co-general manager.
The new office, which was licensed by the Singapore authorities in December, will specialize in treasury operations and cross-border trade financing between Central and Eastern Europe and the Asian markets.
Rainer Silhavy is the general manager, having previously been RZB's marketing
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