Banque Raiffeisen

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Banque Raiffeisen
Type Société Coopérative
Industry Financial services
Founded 1926
Headquarters 4, rue Léon Laval, Leudelange
Area served Luxembourg
Key people

Guy Hoffmann (Chairman of the board;

John Bour (Deputy chairman of the board);

Jean-Louis Barbier (Board member);
Products Retail, private and corporate banking; insurance; investment management
Employees 550 ( 31.12.2013)
Website www.raiffeisen.lu

Banque Raiffeisen is a Luxembourg 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.[1]


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 a small country as Luxembourg, mainly focused at that time of the bank's creation on rural activities, the cooperative system has rapidly known a successful development.

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.[2]

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.[3]

Events[edit]

Banque Raiffeisen organizes an annual conference on financial markets in collaboration with Vontobel.[4]

Charity[edit]

Banque Raiffeisen supports various Luxembourgish charities including: Croix-Rouge ,[5] Ligue HMC, Fondation Cancer, SOS Villages d’enfants du Monde, SOS Faim and the FLEK – Fleegeelteren an hir Kanner,Lëtzebuerg.[6]

Notes and references[edit]

External links[edit]

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