Raiffeisen Banking Group Austria

It functions as the group centre for the entire rzb group of which the listed company raiffeisen bank international ag rbi with its banking network in central and eastern europe cee is the.

Raiffeisen banking group austria. The austrian regional raiffeisen banks hold approximately 58 8 per cent of the shares the remainder of around 41 2 per cent is free float. The austrian raiffeisen banking group is the country s largest banking group with the most intricate network of banks and around 2 8 million retail customers in austria. Through raiffeisen bank. Rbi is austria s second largest bank with a balance sheet total of 164 billion as per 30 june 2020.

For fragment preservation to operate correctly you must have javascript enabled in your browser. Welcome to the best bank in austria and cee raiffeisen bank international considers austria and central and eastern europe cee its home market. In austria it is a leading commercial and investment bank for the country s top 1 000 corporate customers. Was the central institution of the raiffeisen banking group austria rbg.

Raiffeisenlandesbank oberösterreich ag is a universal bank offering a broad range of retail and corporate banking products and services to local residents. The central bank is listed on the vienna stock exchange with the regional banks of rbg were the major shareholder of the central bank via a shareholders agreement. The central bank was merged with its subsidiary raiffeisen bank international in 2017. Raiffeisen zentralbank österreich a g.

More than a century ago a pragmatic mayor named friedrich wilhelm raiffeisen challenged society s reliance on charity and government welfare and developed instead a financing system based on self help and cooperation. The first raiffeisenbank opened in austria in 1886 and ten years later the total number of banks in austria had reached 600. Rbi is an austrian banking group itself is a central institution of the raiffeisen banking group austria rbg. 13 markets of the region are covered by subsidiary banks additionally the rbi group comprises numerous other financial service providers for instance in leasing asset management or m a.

Raiffeisen bank international rbi regards austria where it is a leading corporate and investment bank as well as central and eastern europe cee as its home market. Today austria s raiffeisen banking group is the country s most powerful with the largest retail banking network and approximately one quarter of the domestic banking business. Raiffeisenlandesbank oberösterreich ag is a regional bank of raiffeisen banking group austria whose principal owners are local raiffeisen banks operating in the corresponding province. Raiffeisen bank international was a subsidiary of raiffeisen zentralbank.