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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 .
In 1997, UPC was established as a processing center providing processing services of debit and credit cards for banks. UPC was the first Ukrainian company that received the status of Member Service Provider Mastercard [9] [10] и Third Party Processor Visa, and processed first ATM transaction on Eurocard MasterCard on 23 April 1997 [11] in 1997.
[3] [4] Raiffeisen Bank International has a stake of 68.26% in the bank. [3] As of 2018 the fourth-largest bank in the country and the largest bank with foreign capital. Following a government bailout of the country's largest bank at the turn of 2016 and 2017, Raiffeisen Bank Aval was the only bank in the top 5 not owned by the government of ...
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
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.
In 2018, Euromoney magazine called Friedrich Wilhelm Raiffeisen "The best bank for private banking services for wealthy customers in Central and Eastern Europe". [22] His work was also awarded award-winning Spear's Russia magazine in the nominations "Impeccable reputation in the banking industry" [ 23 ] and "reference work with wealthy clients ...
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.
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]