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Banque Raiffeisen is a Luxembourgish banking and financial services company. Founded in 1926, it is one of the oldest banks in Luxembourg. The bank is independent from foreign shareholders. It is a member of the International Raiffeisen Union (IRU), which is an association of cooperatives based on the ideas of Friedrich Wilhelm Raiffeisen. [2]
Banque Raiffeisen; Banque Transatlantique Luxembourg; BGL BNP Paribas; East-West United Bank; ING; Intesa Sanpaolo; Quintet Private Bank; Portuguese Commercial Bank;
Raiffeisenbank or Raiffeisen Bank refers to cooperative banks in Europe that are rooted in the early credit unions of Friedrich Wilhelm Raiffeisen. The name is found in: The name is found in: Raiffeisen Banking Group , Austrian group of cooperative banks
Spuerkees was founded by Grand Duke William III as "Caisse d'Épargne de l'État du Grand-Duché de Luxembourg" due to a Law on 21 February 1856. The board of directors had three members and had their first meeting on 18 August 1859 under the presidency of Professor Nicolas Martha.
In June 2013, Raiffeisen supported the nationalised Volksbank Group by purchasing a package of poor loans worth $300mn from them. [10] In February 2014, Raiffeisen Bank International was reported as reevaluating their participation in the Eastern European and Russian markets, where 57% of Raiffeisen's total assets were, according to bank data. [6]
Location of Luxembourg. Luxembourg is a landlocked country in Western Europe.It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Luxembourg is a founding member of the European Union, the OECD, the United Nations, NATO, and Benelux, reflecting its political consensus in favour of economic, political, and military integrati
Raiffeisen is one of the few large international banks that did not wind down its business after Russia's invasion of Ukraine. The Russian division of Raiffeisen has the status of a systemically important bank, ranks second in terms of net profit and provides half of the group's net profit (4,2 billion Euros). [21]
Raiffeisen Bank (Romania), a branch of the Raiffeisen Zentralbank. Rabobank, officially Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., cooperative banking system in the Netherlands. Banque Raiffeisen, Luxembourg. KBC Bank, the C stands for Cera (Belgium) (Centrale Raiffeisenkas, meaning Central Raiffeisen Bank). Cera is a cooperative ...