The third-largest banking group in Switzerland, Raiffeisen is one of Switzerlands leading retail banks. Over 3.7 million Swiss residents are Raiffeisen clients, of which 1.8 million are cooperative members and therefore co-owners of their Raiffeisen bank. They value the crucial advantages Raiffeisen brings: client proximity, empathy, trustworthiness and the exclusive advantages for cooperative members.
The Raiffeisen Group consists of the 321 cooperatively structured Raiffeisen banks with 1,084 branches, the Raiffeisen Switzerland cooperative (formerly the Swiss Union of Raiffeisen Banks) and the Group companies (Raiffeisen Guarantee Cooperative etc.).
Raiffeisen Switzerland has an Aa2 rating from Moody’s.
Close to customers
Raiffeisen is present throughout Switzerland and has the densest banking network. One in every three bank buildings bears a red Raiffeisen logo. Raiffeisen is thus always close to its customers. Raiffeisen employees know not only their customers but also the local market. This enables competent and quick decisions on-the-spot.
Raiffeisen banks operate within a clearly defined and comprehensible business area and thus support the local economy. Savings from the region are invested back into the region in the form of mortgages and other loans. Raiffeisen banks are attractive employers. As tax payers, they allow the region to have a part in their economic success. And as sponsors, they enable various cultural and sporting activities to take place in the region.
When required, Raiffeisen advisors can count on the knowledge of competent partner companies – that of the Vontobel bank for investments, of Helvetia Insurances for old-age provision and insurance and that of the Aduno Group for credit cards, private loans and leasing. Together with these partners, Raiffeisen guarantees its customers comprehensive, professional advice and care under one roof.
The legally autonomous Raiffeisen banks are amalgamated into the Raiffeisen Switzerland cooperative, which has its head office in St. Gallen. Raiffeisen Switzerland is responsible for strategic management and risk controlling for the entire Raiffeisen Group, coordinates the Group’s activities, creates the framework conditions for the business activities of the local Raiffeisen banks and provides them with advice and support where necessary. Raiffeisen Swizerland, with headquarters in St. Gallen, is also organised as a cooperative and a subsidiary of the Raiffeisen banks. The delegates assembly is the highest body of Raiffeisen Switzerland. Representatives of the Raiffeisen banks are appointed by the regional associations as delegates.
Mutual liability and strict checks
Raiffeisen banks are independent cooperatives with limited profit distribution and individual responsibility for building equity. It is not only the Raiffeisen bank but also Raiffeisen Switzerland that is liable for the obligations of each individual Raiffeisen bank. Raiffeisen Switzerland and the individual Raiffeisen banks are subject to the strict control mechanisms put in place by the Swiss Federal Banking Commission and are liable to internal and external audits.
The Swiss Raiffeisen banks have been in existence for over 100 years and neither a member nor a customer has ever come to any harm: reserve liability has never had to be made use of. The high level of security is also emphasised by the Aa2 rating given by the renowned rating agency “Moody’s” for Raiffeisen Switzerland.
9001 St. Gallen.
Tel: ++41(0)71 225 88 88
Fax: ++41(0)71 225 88 87