Raiffeisen (Switzerland)

Raiffeisen Switzerland
Company typeCooperative
Public company
Industryfinancial sector Edit this on Wikidata
Founded1899
Headquarters,
Number of locations
880 locations
Key people
Heinz Huber (CEO), Guy Lachappelle (BoD Chairman)
Total assets≈ 225 Mrd. CHF
Number of employees
9,215 (full-time positions)
Websiteraiffeisen.ch
Raiffeisen national headquarters, St. Gallen

Raiffeisen Switzerland is a cooperative of cooperatives – the union of all independent Swiss Raiffeisen banks.[1] It bears responsibility for the business policy and strategy within the Raiffeisen Group.[2] The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives. With 896 branch offices in total, they make up the densest branch network of any Swiss bank. After the acquisition of Credit Suisse by UBS, the Raiffeisen Group has become the second-largest banking group in Switzerland with client assets under management of 246.6 billion francs. Since June 2014, Raiffeisen has been classified as one of Switzerland's systemically important banks and must therefore meet special requirements in terms of capital. Raiffeisen Switzerland has 3.65 million clients in Switzerland, of whom approximately 1.9 million are cooperative members and thus co-owners of their regional Raiffeisen banks.[3]

  1. ^ Raiffeisen Switzerland: Raiffeisen Annual Report 2016 Corporate Governance, checked on 09.11.2020
  2. ^ Research and Markets: Raiffeisen Switzerland Cooperative - Strategy, SWOT and Corporate Finance Report, checked on 09.11.2020
  3. ^ Gerber, Samuel (2023-09-14). "Raiffeisen Aims Big by Thinking Small". Finews. Retrieved 2023-09-22.