Question 1

What is Raiffeisenbank Alpbachtal?

Accepted Answer

Raiffeisenbank Alpbachtal is a local cooperative bank (eingetragene Genossenschaft, eGen) serving the Alpbachtal region in Tyrol, Austria. As a member of the Austrian Raiffeisen Banking Group, the bank provides retail and commercial banking services to individuals, professionals, and small and medium-sized enterprises (SMEs) in the scenic Alpine valley region.

With total assets of approximately EUR 130 million as of 2023, Raiffeisenbank Alpbachtal ranks as the 358th largest bank in Austria with a market share of 0.01%. The bank operates as part of Austria's extensive network of 342 local Raiffeisen cooperative banks.

Question 2

When was Raiffeisenbank Alpbachtal founded?

Accepted Answer

While the specific founding date of Raiffeisenbank Alpbachtal is not publicly documented, the bank is part of the historic Raiffeisen cooperative banking movement that spread to Austria in 1886. The first Raiffeisenbank in Austria was established at Mühldorf near Spitz in Lower Austria, inspired by German cooperative pioneer Friedrich Wilhelm Raiffeisen.

The Austrian Raiffeisen movement grew rapidly, with over 2,000 local cooperative banks operating by 1918. Raiffeisenbank Alpbachtal emerged as one of these locally-focused institutions, serving the agricultural, tourism, and business communities of the Alpbachtal valley.

Question 3

Where is Raiffeisenbank Alpbachtal headquartered?

Accepted Answer

Raiffeisenbank Alpbachtal is headquartered in Alpbach, a picturesque village in Tyrol, Austria. Alpbach is renowned for its traditional wooden architecture and has been recognized as one of Austria's most beautiful villages. The village is located in the Kitzbühel Alps at approximately 974 meters above sea level, situated between Innsbruck and Kufstein.

The Alpbachtal region is also home to the annual European Forum Alpbach, an internationally recognized conference that attracts politicians, academics, and business leaders from around the world.

Question 4

Where does Raiffeisenbank Alpbachtal operate?

Accepted Answer

Raiffeisenbank Alpbachtal operates primarily in the Alpbachtal valley region of Tyrol. The bank serves the local communities within the valley, which includes the municipalities of Alpbach and Reith im Alpbachtal, as well as surrounding areas.

The Alpbachtal region is a popular tourist destination known for its skiing, hiking, and natural beauty. It encompasses approximately 10 villages and Austria's smallest town, Rattenberg, providing the bank with a diverse customer base of residents, local businesses, and tourism-related enterprises.

Question 5

What services does Raiffeisenbank Alpbachtal offer?

Accepted Answer

Raiffeisenbank Alpbachtal provides a comprehensive range of retail and business banking services, including:

Personal Banking: Current accounts, savings accounts, time deposits, youth accounts (Gratis Jugendkonto), debit cards, and credit cards with customizable designs and limits.

Lending Services: Consumer loans, mortgage loans (Wohnfinanzierung), car loans, auto leasing, and construction savings plans (Bausparen).

Investment Services: Trading accounts, stocks and bonds, mutual funds, fund savings plans, real estate investments, and gold and coin purchases.

Business Banking: Business accounts, business payment cards, and commercial lending solutions for SMEs.

Digital Services: The bank offers online banking through Mein ELBA, a mobile banking app, RaiPay for contactless mobile payments on Android devices, and pushTAN security authentication. Customers can manage card limits, update personal information, and handle standing orders through self-service features.

Question 6

What makes Raiffeisenbank Alpbachtal unique?

Accepted Answer

Raiffeisenbank Alpbachtal distinguishes itself through its strong local focus and commitment to the regional economy. As a cooperative bank, it prioritizes supporting local businesses, community initiatives, and regional economic development in the Alpbachtal valley.

The bank emphasizes the slogan "Digital. Regional. Überall" (Digital. Regional. Everywhere), reflecting its commitment to combining modern digital banking services with deep regional roots. With a loans-to-deposits ratio of 101.28% and a return on assets of 0.98% in 2023, the bank demonstrates solid financial performance while maintaining its community banking model.

Raiffeisenbank Alpbachtal benefits from membership in the Austrian Raiffeisen institutional protection scheme and participates in the Einlagensicherung Austria (ESA) deposit guarantee scheme, protecting deposits up to EUR 100,000 per depositor.

Question 7

What type of financial institution is Raiffeisenbank Alpbachtal?

Accepted Answer

Raiffeisenbank Alpbachtal is a cooperative credit institution (Raiffeisenbank - eingetragene Genossenschaft), which is a specific type of financial institution in Austria. Cooperative banks in Austria operate under a member-ownership model where customers can become cooperative members and participate in the bank's governance.

As a CRD credit institution (CRD_CRE_INS) regulated by the Austrian Financial Market Authority (FMA) and subject to European Banking Authority oversight, the bank operates under the cooperative banking framework established by Austrian banking law. This structure emphasizes local decision-making, profit-sharing with members, and reinvestment in the regional community rather than maximizing shareholder returns.

Question 8

How does Raiffeisenbank Alpbachtal support its local community?

Accepted Answer

Raiffeisenbank Alpbachtal actively supports the regional economy by financing local businesses, particularly those in the tourism, hospitality, and agriculture sectors that are vital to the Alpbachtal region. The bank's cooperative structure ensures that profits are reinvested locally rather than distributed to external shareholders.

The bank promotes a "Mit.Einander" (Together) philosophy, emphasizing collaboration and mutual support within the community. This approach aligns with the original Raiffeisen cooperative principles of self-help, self-responsibility, and solidarity that have guided Austrian cooperative banks since the late 19th century.

Question 9

What is the bank's regulatory and identification information?

Accepted Answer

Raiffeisenbank Alpbachtal operates under several key identifiers: LEI: 529900D6A0T7DWDKI482 | BIC/SWIFT: RZTIAT22203 | Bank Sort Code (Bankleitzahl): 36203 | Company Registration Number: 40687i | National Reference Code: 258857.

The bank has been authorized by the Austrian Financial Market Authority (ATFMA) since October 17, 2017, and participates in the Austrian deposit guarantee scheme (ATOERE). These regulatory frameworks ensure the bank operates under strict European and Austrian banking standards, providing security and reliability for customers.

Raiffeisenbank Alpbachtal

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About Raiffeisenbank Alpbachtal in Austria

Raiffe­isenba­nk Alpbachtal