▁bank ▁and ▁its ▁customers ▁a ▁universal ▁range ▁of ▁financial ▁services . ▁The ▁product ▁port folio ▁of ▁the ▁Ra iffe isen ▁Bank ing ▁Group ▁was ▁further ▁expanded ▁with ▁the ▁found ing ▁of ▁Ra iffe isen ▁Building ▁Society , ▁Ra iffe isen ▁In sur ance , ▁Ra iffe isen ▁Le asing ▁and ▁other ▁special ised ▁companies . ▁ ▁Exp ansion ▁in ▁Central ▁and ▁Eastern ▁Europe ▁beginning ▁in ▁the ▁ 1 9 8 0 s ▁ ▁Al ong ▁with ▁its ▁position ▁as ▁one ▁of ▁the ▁largest ▁commercial ▁and ▁invest ment ▁banks ▁in ▁Austria , ▁R Z B ▁started ▁developing ▁another ▁main ▁area ▁of ▁business ▁already ▁in ▁the ▁ 1 9 8 0 s , ▁found ing ▁the ▁present - day ▁Ra iffe isen ▁Bank ▁in ▁Budapest ▁in ▁ 1 9 8 6 . ▁This ▁early ▁strateg ic ▁decision ▁to ▁expand ▁into ▁Central ▁and ▁Eastern ▁Europe ▁( CE E ) ▁proved ▁to ▁be ▁one ▁of ▁the ▁most ▁important ▁dec isions ▁in ▁R Z B ' s ▁history . ▁Starting ▁from ▁ 1 9 8 9 , ▁with ▁the ▁collapse ▁of ▁the ▁commun ist ▁reg imes , ▁R Z B ▁focused ▁intens ely ▁on ▁CE E , ▁initially ▁found ing ▁numerous ▁banks ▁to ▁build ▁up ▁a ▁vi able ▁network , ▁which ▁was ▁complement ed ▁with ▁ac quis itions ▁starting ▁from ▁ 2 0 0 0 . ▁ ▁Al ong ▁with ▁Austria , ▁R Z B ▁cons iders ▁CE E ▁to ▁be ▁its ▁home ▁market . ▁The ▁subs idi ary ▁bank ▁Ra iffe isen ▁Bank ▁International ▁was ▁formed ,