Austria's Raiffeisen set to expand into Azerbaijan

Raiffeisen International, which manages subsidiary banks and leasing companies in 16 countries of Central and Eastern Europe, is most of all interested in the banking markets of Kazakhstan and Azerbaijan, and is also considering its opportunities in other former Soviet republics, Stepic said.

The chief executive also said the bank's efforts to join the banking markets of the former Soviet republics will depend on the specifics of national legislations. RIA Novosti