▁mer ging ▁Ra iffe isen ▁International ▁Bank hold ing ▁AG ▁and ▁the ▁corpor ate ▁bank ing ▁business ▁and ▁related ▁subs idi aries ▁from ▁R Z B . ▁R Z B ▁currently ▁holds ▁a ▁st ake ▁of ▁approximately ▁ 7 8 . 5 % ▁( with ▁the ▁rest ▁of ▁the ▁shares ▁in ▁free ▁float ) ▁and ▁oper ates ▁one ▁of ▁the ▁largest ▁bank ing ▁networks ▁in ▁CE E . ▁ ▁Since ▁ 2 0 0 0 ▁▁ ▁In ▁ 2 0 0 5 , ▁R Z B ▁bought ▁Ukrain ian ▁Bank ▁A val , ▁and ▁renamed ▁its ▁subs idi ary ▁Ra iffe isen ▁Bank ▁A val . ▁ ▁In ▁ 2 0 0 7 , ▁Ra iffe isen ▁made ▁€ 1 . 4 8 ▁billion , ▁ 7 9 % ▁of ▁it ▁from ▁operations ▁abroad . ▁ ▁After ▁the ▁international ▁financial ▁problems ▁of ▁ 2 0 0 8 , ▁Ra iffe isen bank ▁Chair man ▁Herbert ▁Ste pic ▁served ▁as ▁sp okes man ▁for ▁a ▁group ▁of ▁ 1 0 ▁central ▁and ▁eastern ▁European ▁banks , ▁which ▁asked ▁the ▁European ▁Central ▁Bank ▁( EC B ) ▁to ▁extend ▁their ▁b ail out . ▁ ▁In ▁June ▁ 2 0 1 3 , ▁Ra iffe isen ▁supported ▁the ▁national ised ▁Vol kes bank en ▁by ▁purch asing ▁a ▁package ▁of ▁poor ▁lo ans ▁worth ▁$ 3 0 0 mn ▁from ▁them . ▁ ▁In ▁February ▁ 2 0 1 4 , ▁Ra iffe isen bank ▁International ▁was ▁reported ▁as ▁re evalu ating ▁their ▁participation ▁in