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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
The "gable cross" (German: Giebelkreuz), logo of the Raiffeisen banks in Austria, refers to the traditional Pferdeköpfe [] house ornament Former livestock market branch, Karl-Farkas-Gasse 16 in Vienna Flagship Vienna branch in Looshaus building, purchased by Raiffeisen Bank in 1987 Raiffeisenbank in Pregarten, Upper Austria Head office of Raiffeisenlandesbank Niederösterreich-Wien in Vienna ...
Raiffeisen branch in Bucharest. Raiffeisen Bank is a universal bank on the Romanian market, providing a complete range of products and services to private individuals, SMEs and large corporations via multiple distribution channels: banking outlets (more than 350 throughout the country), ATM and EPOS networks, phone-banking (Raiffeisen Direct) and mobile-banking (myBanking).
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]
Raiffeisen Switzerland is a cooperative of cooperatives – the union of all independent Swiss Raiffeisen banks. [1] It bears responsibility for the business policy and strategy within the Raiffeisen Group. [2] The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives.
Raiffeisen promised to answer questions in several stages during April–June 2023. [22] In March 2023, Raiffeisen was named an international sponsor of war by Ukraine's National Agency on Corruption Prevention. [23] In December 2023, Ukraine excluded Raiffeisen Bank from the list of war sponsors for the 12th package of EU sanctions against Russia.
It was originally known as Banka e Kursimeve (Savings Bank of Albania), but following its acquisition by Raiffeisen Zentralbank (RZB) during 2004 [2] it was rebranded as Raiffeisen Bank. Since the acquisition, Raiffeisen has implemented retail lending and services, starting with ATM services and debit cards, and later additional retail activities.
Raiffeisen usually refers to Friedrich Wilhelm Raiffeisen (1818-1888) and the cooperative endeavors he inspired in several European countries: Deutscher Genossenschafts- und Raiffeisenverband in Germany; Raiffeisenbank, disambiguation page for Raiffeisen-inspired financial services providers in multiple countries.