Banque Raiffeisen

Banque Raiffeisen
Société Coopérative
Industry Financial services
Founded 1926
Headquarters 4, rue Léon Laval, Leudelange
Area served
 Luxembourg
Key people

Guy Hoffmann (Chairman of the board;

John Bour (Deputy chairman of the board);

Jean-Louis Barbier (Board member);
Products Retail, private and corporate banking; insurance; investment management
18.00 mln EUR (2014)[1]
Total assets 6,658.00 mln EUR (2014)[1]
Number of employees
 581 (2014)[1]
Website www.raiffeisen.lu

Banque Raiffeisen is a Luxembourgian 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]


History

Since its creation in 1926, Raiffeisen Luxembourg has become the first independent cooperative bank in the Grand-Duchy, covering the entire national territory.

In 1970, The Luxembourg Raiffeisen network accounted 138 caisses across the country.

As of 2013, Banque Raiffeisen has about 50 sales points all over the country; 11 of them depending directly from the bank, the others belonging to the 13 Caisses Raiffeisen controlled by the bank.

Banque Raiffeisen has evolved from a rural union to a universal financial institution, covering retail activities but also specialising in business, private banking and wealth management.[3]

Art Contest

In collaboration with other cooperative banks in Europe, namely Raiffeisen (Switzerland), Raiffeisen Zentralbank Austria, the Volksbanken und Raiffeisenbanken in Germany, Raiffeisen Südtirol in Italy, Crédit Mutuel in France and the OP-Pohjola Group in Finland Banque Raiffeisen organizes an annual art contest for young people between 4 and 18 years. In Luxembourg, the drawing contest is called Raiffeisen Molconcours.[4]

Events

Banque Raiffeisen organizes an annual conference on financial markets in collaboration with Vontobel.[5]

Charity

Banque Raiffeisen supports Luxembourgish charities including: Croix-Rouge ,[6] Ligue HMC, Fondation Cancer, SOS Villages d’enfants du Monde, SOS Faim and the FLEK – Fleegeelteren an hir Kanner,Lëtzebuerg.[7]

Notes and references

  1. 1 2 3 Bank Profile: Banque Raiffeisen
  2. ↑ http://www.iru.de/index.php/mitglieder/p-z?lang=en
  3. ↑ "Vontobel Cooperation Management". Archived from the original on 23 October 2013. Retrieved 15 April 2013.
  4. ↑ "Molconcours". Retrieved 15 April 2013.
  5. ↑ "Banque Raiffeisen – conférence sur les marchés financiers". Archived from the original on 22 May 2013. Retrieved 15 April 2013.
  6. ↑ "Foyer Assurances, Banque Raiffeisen et l'Entreprise des P&T remettent un chèque à la Croix-Rouge". Retrieved 15 April 2013.
  7. ↑ "Raiffeisen fait don de 25.000 euros à 5 associations caritatives". Retrieved 17 April 2013.

External links

Wikimedia Commons has media related to Banque Raiffeisen.

Bibliography

  • Rudolf Maxeiner, Raiffeisen: Der Mann, die idee und das Werk, Deutscher Genossenschafts-Verlag ed.,1988
  • André Bauler, Les fruits de la Souveraineté nationale, Caisse Centrale Raiffeisen, s.c. ed., ISBN 2-9599789-0-0, 2001
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