CENTRAL INSTITUTE OF THE AUSTRIAN RAIFFEISEN BANKING GROUP

Within the Austrian Raiffeisen Banking Group (RBG), RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions. In this function, it renders particularly the liquidity balancing for the affiliated credit institutions under the relevant legal rules and is a member of the federal Institutional Protection Scheme.

Main functions of Raiffeisen Bank International

RBI is the central institute of the Regional Raiffeisen Banks. Together with the 368 banks of the Raiffeisen sector (as per 31 December 2019), they form the largest cash pool in Austria. According to the Banking Act (§27a), members of this cash pool are required to hold a liquidity reserve at the central institute. The liquidity reserve is calculated as being 10 per cent of the savings deposits and 20 per cent of the other euro deposits, subject to a maximum of 14 per cent of the entire euro deposits.

Liquidity Balancing

 

RBI is the central institute of the Regional Raiffeisen Banks. Together with the 434 banks of the Raiffeisen sector (as per 31 December 2016), they form the largest cash pool in Austria. According to the Banking Act (§27a), members of this cash pool are required to hold a liquidity reserve at the central institute. The liquidity reserve is calculated as being 10 per cent of the savings deposits and 20 per cent of the other Euro deposits, subject to a maximum of 14 per cent of the entire Euro deposits.

Institutional Protection Scheme (IPS) – Federal-IPS

Institutional protection schemes approved by the Financial Market Authority have been established within the RBG since the end of 2014. Contractual or statutory liability arrangements were concluded as well. The schemes and liability arrangements protect the participating institutions and, in particular, ensure their liquidity and solvency when required.

 

Internal Audit

 

RBI exercises its auditing responsibility through its Group Internal Audit division in accordance with §42 of the Austrian Banking Act (BWG) as internal auditor of RBI and group auditor of the RBI Group. Ongoing and extensive audits are undertaken with regard to legality, compliance and expediency

Marketing

Strategic Brand Management

 

Planning, development and implementation of all strategic tasks for the maintenance and management of the brand “Raiffeisen” 

Central Raiffeisen Advertising (ZRW)

Planning, development and implementation of nationwide image campaigns and RBG campaigns for products, topics and target groups

Sportsponsoring

Development and implementation of a nationwide sponsoring strategy