Austrian Raiffeisen Banking Group

For the group that includes Raiffeisen cooperative banks in Germany, see German Cooperative Financial Group. For other banks named Raiffeisen, see Raiffeisenbank.

The Raiffeisen Banking Group (German: Raiffeisen Bankengruppe Österreich, 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 (IPS) and deposit guarantee scheme. The group's international operations, by contrast, are consolidated under Raiffeisen Bank International (RBI).

As of end-2024, the Raiffeisen Group IPS reported aggregate assets of €404.5 billion, while RBI reported consolidated assets of €200 billion.

This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.