Question 1

What is Raiffeisenbank Region Villach?

Accepted Answer

Raiffeisenbank Region Villach is a local cooperative bank (Genossenschaftsbank) serving the Villach region in Carinthia, Austria. As part of the broader Raiffeisen Banking Group, the bank provides retail and commercial banking services to individuals, professionals, and small to medium-sized enterprises (SMEs).

In 2023, the bank held total assets of approximately 416.66 million EUR, making it the 226th largest bank in Austria with a 0.04% market share. It ranks as the 132nd largest among Austria's Raiffeisen credit cooperatives, commanding a 0.12% share within that segment.

Question 2

When was Raiffeisenbank Region Villach founded?

Accepted Answer

While the specific founding date of Raiffeisenbank Region Villach is not publicly available, the bank operates within the historical framework of Austria's Raiffeisen movement. The first Raiffeisen bank in Austria was founded in 1886 in Mühldorf, near Spitz an der Donau.

The Raiffeisen model was established to provide financial solutions to farmers, craftsmen, laborers, and traders during the agrarian crisis of the 19th century. By 1938, extensive cooperative structures had been established throughout Austria's regional provinces, forming the foundation that local Raiffeisen banks like the one in Villach were built upon.

Question 3

Where is Raiffeisenbank Region Villach headquartered?

Accepted Answer

The bank is headquartered in Villach, Carinthia (Kärnten), Austria. Villach is Austria's seventh-largest city and serves as an important commercial and transportation hub in southern Austria, positioned at the crossroads of Austria, Italy, and Slovenia.

Question 4

Where does Raiffeisenbank Region Villach operate?

Accepted Answer

Raiffeisenbank Region Villach operates primarily in and around the city of Villach and its surrounding region in Carinthia. Villach is strategically located in the three-country region where Austria meets Italy and Slovenia, serving as the commercial center of Carinthia state.

The bank serves the local communities in this economically diverse region, which includes industrial centers (notably Infineon's semiconductor facilities), tourism destinations (the Carinthian lake district, ski resorts like Gerlitzen Alpe), and agricultural areas. The region benefits from its position along major European transport corridors connecting Western and Eastern Europe.

Question 5

What services does Raiffeisenbank Region Villach offer?

Accepted Answer

Raiffeisenbank Region Villach provides a comprehensive range of banking products and services across retail and business banking. Retail banking services include current accounts, debit cards, credit cards, savings accounts, time deposit accounts, consumer loans, car loans, and mortgage loans.

For business clients, the bank offers business accounts, business payment cards, and business loans tailored to professionals and SMEs. The bank also provides trading accounts for investment purposes.

Digital services are available through the bank's online banking system and mobile application, allowing customers to manage their finances remotely. Services are also accessible at the bank's physical branch locations throughout the Villach region.

Question 6

What makes Raiffeisenbank Region Villach unique?

Accepted Answer

Raiffeisenbank Region Villach distinguishes itself through its cooperative ownership structure (eingetragene Genossenschaft - eG), which means the bank is owned by its members rather than external shareholders. This model prioritizes local community needs and member interests over pure profit maximization.

The bank's strong local roots in the Villach region enable it to understand the specific needs of the area's diverse economic base, from supporting high-tech industries like Infineon to serving tourism-related businesses and traditional agricultural enterprises. With a loans-to-deposits ratio of 93.81% in 2023, the bank demonstrates strong lending activity relative to its deposit base.

The bank achieved a 0.75% return on assets in 2023, ranking as the 80th most profitable bank in Austria relative to total assets, demonstrating operational efficiency despite its relatively small size.

Question 7

What type of financial institution is Raiffeisenbank Region Villach?

Accepted Answer

Raiffeisenbank Region Villach is a Kreditgenossenschaft (credit cooperative), specifically a Raiffeisen credit cooperative registered as an eingetragene Genossenschaft (eG). This institutional type is deeply rooted in Austrian banking tradition and represents a member-owned cooperative financial institution.

As a credit cooperative, the bank operates under the Raiffeisen Banking Group's umbrella structure while maintaining local autonomy and decision-making authority. It is regulated by the Austrian Financial Market Authority (Finanzmarktaufsicht - FMA) and participates in the Austrian deposit guarantee scheme administered by Einlagensicherung AUSTRIA Ges.m.b.H (ESA), which protects deposits up to 100,000 EUR per depositor.

The bank's legal entity type (CRDCREINS) classifies it as a credit institution under the EU's Capital Requirements Directive, reflecting its authorization to accept deposits and provide loans as a fully licensed banking institution.

Raiffeisenbank Region Villach

in Austria 🇦🇹

Crypto-Friendliness

All done!

About Raiffeisenbank Region Villach in Austria

Raiffe­isenba­nk Region Villach