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The Raiffeisen Banking Group (German: Raiffeisen Bankengruppe, RBG) is a group of cooperative banks in Austria. The Austrian Raiffeisen banks are not consolidated under a single parent entity but are financially linked through a common institutional protection scheme and deposit guarantee scheme .
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Raiffeisen-Landesbank Tirol A.G. (lit. ' Raiffeisen State Bank of Tyrol ' ) is an Austrian grouping of cooperative banks based in Innsbruck , Tyrol . The bank is the central institute of Raiffeisenbank in Tyrol.
It is a part of the nationwide Raiffeisen Bankengruppe grouping of independent cooperative banks, and owns a 22.6% stake in Raiffeisen Bank International (RBI). It has around 957 employees [ 1 ] and serves around 266,000 private, business and corporate customers.
Its major shareholders are the Raiffeisen Banking Group's eight regional banks (Raiffeisen-Landesbanken), which are bound by a shareholders' agreement and together hold a majority of RBI's equity. [2] RBI was established in 2010 as a subsidiary of Raiffeisen Zentralbank (RZB), and absorbed the latter in March 2017 through a reverse takeover.
Raiffeisenlandesbank Oberösterreich AG is owned by the Upper Austrian Raiffeisen banks. [5] These banks are organized as cooperatives and are owned by people in the region, known as co-owners. [6] In addition to serving individual customers, Raiffeisenlandesbank Oberösterreich also assists in both private and corporate banking.
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