Raiffeisen (Switzerland)
Management
Pierin Vincenz (CEO) Johannes Rüegg- Stürm ( Chairman of the Board )
Raiffeisen Switzerland is a federation of all Swiss Raiffeisen banks. The organized on the basis of a co-operative banks form with 316 independent Raiffeisen banks, with a total of 1063 branches, the densest banking network in Switzerland. In the 21st century, the Raiffeisen Group with a total assets of 172 billion Swiss francs to the third- largest Swiss bank group was. The structured cooperative banking group is one of the leading retail banks. Raiffeisen Switzerland has 3.7 million customers in Switzerland. Of these, more than 1.8 million cooperative and thus co- regional cooperative banks.
Network Organization
The independent Raiffeisen banks and their offices have ( called formerly the Swiss Union of Raiffeisen Banks ) for Raiffeisen Switzerland joined. Raiffeisen Switzerland is like the Raiffeisen banks participating in a cooperative. These coordinates the activities of the group, creates the conditions for the local Raiffeisen banks ( for example, information technology, infrastructure, refinancing ) and advises and supports them in all matters. In addition, include the risk management and control of the tasks of Raiffeisen Switzerland.
The headquarters of Raiffeisen Switzerland is located since 1936 in St. Gallen.
History
The ideas of Hermann Schulze- Delitzsch and Friedrich Wilhelm Raiffeisen, in particular the self-help idea were recorded in Europe with interest and found mainly in rural areas, many imitators. On the initiative of Rev. Johann Traber was born 1899 in Bichelsee the first Raiffeisen Bank Switzerland. 1902 founded ten institutes the Swiss Raiffeisen Association.
Business principles
In an area moderately well-defined business the co-operative banks serve the people of the region. The fact that the customer funds remain in business, they are expected to contribute directly to the development of the region. In addition, the Raiffeisen banks also support local clubs and social institutions. They are also regional employer and taxpayer in the communities.
The principles include local presence and customer proximity, the cooperative structure and the connection of cooperative values with business thinking.
Individual interests of individuals are not possible, the leadership responsibility at Raiffeisen is distributed federalist. Raiffeisen aims to no growth at all costs. The principles also include a prudent credit policy and control the risks.
Raiffeisen banks
The 316 legally independent Raiffeisen banks in Switzerland are the member of a cooperative Raiffeisen Switzerland Cooperative. An overview of the member banks located in the following main article.
Investments
Raiffeisen Switzerland cooperates with several companies to offer their services to the connected Raiffeisen banks. On the following companies Raiffeisen Switzerland is directly involved:
- Bank Vontobel ( investment products ), 12.5% ( since 2004)
- Aduno group, 24.7% Viseca (bank cards)
- Cash gate ( small loans )
In addition, Raiffeisen Switzerland also operates stores in urban areas, where there are no Raiffeisen cooperatives. Such branches of Raiffeisen Switzerland exist in Basel, Bern, St. Gallen, Thalwil, Winterthur and Zurich.