Banque Raiffeisen

The Banque Raiffeisen is a cooperative banking group in Luxembourg.

History

The first co-operative banks were founded in the 19th century, according to the concept of Friedrich Wilhelm Raiffeisen and Hermann Schulze- Delitzsch, the founders of the first rural cooperative funds in Germany. The first credit unions of Raiffeisen established in Luxembourg in 1925. Beginning of 1926 created the existing checkout the " Centrale des Caisses Raiffeisen luxembourgeoises ", which bears the name Raiffeisen Bank since 2001.

The Raiffeisen model developed very quickly, so that the network decreed in 1970 over 138 cash across the country. Numerous Raiffeisenkassen that offer their customers high-quality services, have teamed up so that the Raiffeisen Group today from 13 Raiffeisenkassen, all of which have multiple outlets, as well as 11 branches which are directly dependent on the Raiffeisen Bank, is composed.