Raiffeisen Banking Group Austria

The first tier is formed by approx. 434 independent Raiffeisen cooperative banks with about 1,500 outlets. The focus of these independent credit cooperatives is mainly retail banking and business banking for small enterprises in their local markets.

The Raiffeisen cooperative banks are the main owners of 8 independent Raiffeisen Regional Central Banks, which make up the second tier of the Raiffeisen pyramid. Raiffeisenverband Salzburg (RVS) itself is the Regional Central Bank for the province of Salzburg and is mainly owned by 61 local Raiffeisen cooperative banks with 130 outlets. The Raiffeisen Regional Central Banks such as RVS are autonomous universal banks which also render clearing and other central functions to the first tier Raiffeisen cooperative banks.

RVS accounts for approx. 3.64% of the share capital of Raiffeisen Bank International AG (RBI), which is the central institution of Raiffeisen Banking Group Austria and the steering company of the Raiffeisen Group (the third tier). The remaining 7 other Raiffeisen Regional Central Banks (aka Raiffeisenlandesbanks) account for approx. 55.16% of the share capital of RBI, the remainder of around 41.2 per cent is free-float.

RBI owns the largest network in Central and Eastern Europe of all Austrian banks. In Austria, RBI specialises in commercial and investment banking, serving the country's top 1000 companies. RBI sees itself as the corporate finance bank for this customer group, and as a leading provider of export financing.

In total, RBI has around 50,000 employees and services 14.0 million customers through around 2,500 business outlets (as per 31 December 2016). Since 2005, RBI's shares have been listed on the Vienna Stock Exchange.
After the merger of RBI and its former majority owner Raiffeisen Zentralbank Österreich AG (RZB) in March 2017, the combined institute operates - as previously RBI - under the name Raiffeisen Bank International AG. RBI took over all rights, obligations and duties of the transferring company RZB.

RBI's balance sheet total (post-merger) amounts to € 135 billion (as per 31 December 2016).

The bottom-up ownership pyramid of the Raiffeisen Banking Group Austria Raiffeisen Banking Group Austria