Raiffeisen Bankengruppe is the larger of two groups of cooperative banks in

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

(another one was Austrian

Volksbank There are several banks that operate under the name "Volksbank" (Afrikaans, Dutch and German for "people's bank"). There are also 1,099 independent local Volksbanken in Germany. They are completely separate from the Austrian Association of Volksb ...

s).

Structure

The roughly 490 local cooperatives (''Raiffeisenbanken'') are organized in nine ''Raiffeisen-landesbanken'', one for each

federal state A federation (also known as a federal state) is a political entity characterized by a union of partially self-governing provinces, states, or other regions under a central federal government ( federalism). In a federation, the self-governi ...

, with only

Vienna en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

and

Lower Austria Lower Austria (german: Niederösterreich; Austro-Bavarian: ''Niedaöstareich'', ''Niedaestareich'') is one of the nine states of Austria, located in the northeastern corner of the country. Since 1986, the capital of Lower Austria has been Sankt P ...

sharing one. Only

Carinthia Carinthia (german: Kärnten ; sl, Koroška ) is the southernmost States of Austria, Austrian state, in the Eastern Alps, and is noted for its mountains and lakes. The main language is German language, German. Its regional dialects belong to t ...

has two ''Raiffeisenlandesbanken'', with the ''Zveza Bank'' serving the Slovene minority. Owned by their respective member banks, most ''Raiffeisenlandesbanken'' are cooperatives themselves (regGenmbH), with some having recently switched to the legal status of

Aktiengesellschaft (; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (wh ...

. Together, they own their national umbrella institute, the

Raiffeisen Bank International Raiffeisen Bank International (RBI) is an Austrian banking group and a central institution of the Raiffeisen Banking Group Austria (RBG). The bank is listed on the Vienna Stock Exchange, with RBG's regional banks its major shareholders. RBI was ...

, via a

shareholders' agreement A shareholders' agreement (sometimes referred to in the U.S. as a stockholders' agreement) (SHA) is an agreement amongst the shareholders or members of a company. In practical effect, it is analogous to a partnership agreement. It can be said that ...

. * Raiffeisenlandesbank Niederösterreich-Wien AG * Raiffeisenlandesbank Oberösterreich AG, * Raiffeisen-Landesbank Steiermark AG * Raiffeisenlandesbank Burgenland regGenmbH * Raiffeisenlandesbank Kärnten - regGenmbH * Zveza Bank, r.z.z o.j. Bank und Revisionsverband regGenmbH * Raiffeisenverband Salzburg regGenmbH *

Raiffeisen-Landesbank Tirol Raiffeisen-Landesbank Tirol A.G. () is an Austrian grouping of cooperative banks based in Innsbruck, Tyrol. The bank is the central institute of Raiffeisenbank in Tyrol. The bank is a member of Raiffeisen Bankengruppe (as one of the eight Raiffeis ...

AG * Raiffeisenlandesbank Vorarlberg regGenmbH

References

External links

* Cooperative banks of Austria Raiffeisen Zentralbank Banks under direct supervision of the European Central Bank {{Europe-bank-stub

Structure

See also

References

External links