Raiffeisen is facing a potential write-off of 500 million due to failed IT projects, including the costly replacement of the Finfox investment solution and a new e-banking system, each exceeding 100 million without delivering results. Despite promises of an agile transformation, the bank has fallen behind competitors, with CEO Heinz Huber involved in the decision-making process. A review in summer 2024 revealed the need for adjustments in project durations and scopes.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
