Proof of Usefulness Report

Raiffeisen Bank Russia

Analysis completed on 1/24/2026

+590
Proof of Usefulness Score
Industry Mainstay

The project represents AO Raiffeisenbank, a systemically important financial institution in Russia with massive scale, revenue, and utility. However, the submission quality is extremely poor (vague claims, 'BlazeClaw' pseudonym, no technical details), which drastically reduces the Quality Factors. The high score is derived almost entirely from the verifiable real-world scale of the entity, despite the lack of effort in the Proof of Usefulness application.

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Score Breakdown

Real World Utility180 (Scaled)
Audience Reach Impact152 (Scaled)
Technical Innovation22.5 (Scaled)
Evidence Of Traction135 (Scaled)
Market Timing Relevance70 (Scaled)
Functional Completeness2.5 (Scaled)
Subtotal+562
Usefulness Multiplierx1.05
Final Score+590

Project Details

Project URL
raiffeisen.ru
Description
AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. The Bank has been operating in Russia since 1996 and offers a full range of services to retail and corporate customers, both resident and non-resident, in roubles and foreign currencies. In 2006 Raiffeisen International Banking Group (before merge Raiffeisen International and RZB) purchased 100% shares in OAO Impexbank, and on 23 November 2007, the legal merger between Impexbank and Raiffeisenbank Austria was successfully completed. AO Raiffeisenbank, which aims to strengthen its position as one of the leading universal bank in the region, is regarded as one of the most reliable banks in Russia by the ratings agencies.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline