Binder Grösswang advises Raiffeisen Bank International on its exit from card complete Service Bank AG
Raiffeisen Bank International closed the sale of its shares in card complete Service Bank AG to EAVISTA. “We are thrilled that we were able to successfully support RBI and Raiffeisen-Invest in this project”, explains Mona Graf, partner at Binder Grösswang.
Raiffeisen-Invest-Gesellschaft m.b.H., a subsidiary of Raiffeisen Bank International AG, has sold its shares (25 %) in card complete Service Bank AG to EAVISTA Beteiligungsverwaltungs GmbH. Signing of the transaction took place February 2025, closing has occurred on 16 September 2025, following the fulfillment of the conditions precedent. At the same time, UniCredit Bank Austria AG also sold its 50.1% stake in EAVISTA. EAVISTA Beteiligungsverwaltungs GmbH now holds a 75.1 % stake in card complete Service Bank AG. AVZ GmbH (AVZ Privatstiftung) remains a shareholder with a 24.9 % stake. The purchase price was not disclosed.
Raiffeisen Bank International provides credit cards directly to bank customers of the Austrian Raiffeisen sector. card complete will continue to provide payment solutions for retailers as well as credit cards for private and corporate customers.
The Binder Grösswang transaction team was led by partner Mona Graf and partner Thomas Schirmer (both Corporate / M&A) and consisted of partner Stephan Heckenthaler (Banking Regulatory), associate Florian Höllebauer (Corporate / M&A), attorney Christoph Raab (Competition Law), partner Ingeborg Edel and associate Mathias Wallner (both Dispute Resolution).