Banque Raiffeisen
Banque Raiffeisen is a Luxembourgish 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]
| Type | Cooperative Bank |
|---|---|
| Founded | 1926 |
| Headquarters | 4, rue Léon Laval, Leudelange, Luxembourg |
Key people | Guy Hoffmann (Chairman of the Board of Directors) Yves Biewer (Chairman of the Management Board) |
| Products | Retail, private and corporate banking; insurance; investment management |
| Total assets | 9.641 Mio EUR (2020)[1] |
Number of employees | 639 (2020)[1] |
| Website | www |
History edit
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 edit
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 edit
Banque Raiffeisen organizes an annual conference on financial markets in collaboration with Vontobel.[5]
Charity edit
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]
See also edit
Notes and references edit
- ^ a b Bank Profile: Banque Raiffeisen
- ^ Archived from the original on 2013-11-05. Retrieved 2014-06-22.
- ^ . Archived from the original on 23 October 2013. Retrieved 15 April 2013.
- ^ "Molconcours". Retrieved 15 April 2013.
- ^ . Archived from the original on 22 May 2013. Retrieved 15 April 2013.
- ^ "Foyer Assurances, Banque Raiffeisen et l'Entreprise des P&T remettent un chèque à la Croix-Rouge". Retrieved 15 April 2013.
- ^ "Raiffeisen fait don de 25.000 euros à 5 associations caritatives". Retrieved 17 April 2013.
External links edit
- Official website
- www.molconcours.lu
- www.greencode.lu
Bibliography edit
- 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