Raiffeisen Group structure

Raiffeisen banks

The 246 Raiffeisen banks with a total of 864 branches (excluding branches of Raiffeisen Switzerland) are legally and organisationally independent cooperatives which elect their own Boards of Directors and have an independent auditor. The banks' strategic management is adapted to regional conditions. The Raiffeisen banks are owned by the cooperative members, which may be natural persons or legal entities. They elect the members of the Board of Directors of their bank at local General Meetings. If the bank has more than 500 members, the General Meeting may decide by a three-quarters majority of the votes cast to transfer its powers to a Delegate Meeting or to move to paper voting (secret ballot).

Resolutions and elections require an absolute majority of the votes, except where the law or Articles of Association provide otherwise. In the event of a tied vote, the matter is debated further and a second vote held. If this too is tied, the motion will be rejected. The Raiffeisen bank Board of Directors, or – if necessary – the auditor for the purposes of the Swiss Code of Obligations, calls the General Meeting a minimum of five days in advance. The invitation must be personally addressed in writing to the members and include the agenda. The annual financial statements and balance sheet must be made available in client areas at the same time.

The number of Raiffeisen banks fell from 255 to 246 in the current year as a result of various mergers. The individual Raiffeisen banks optimally align their activities with changes in their regional markets. Raiffeisen's presence in urban centres was expanded further.

Raiffeisen by canton as at 31 December 20181

Canton

Number of banks

Number of bank branches

Number of members

Loans 2 in CHF million

Client monies 3 in CHF million

Total assets in CHF million

Custody account volumes in CHF million

Aargau

26

80

199,037

18,593

17,418

21,847

3,094

Appenzell Ausserrhoden

2

6

17,842

1,505

1,356

1,726

271

Appenzell Innerrhoden

1

5

8,901

676

691

779

142

Berne

20

88

189,096

14,787

13,387

16,965

1,626

Basel-Land

8

20

58,958

5,909

5,019

6,740

1,089

Basel-Stadt

1

2

0

1,088

953

1,280

324

Fribourg

9

49

96,040

9,793

7,291

10,847

804

Geneva

6

19

45,577

4,540

4,976

5,703

901

Glarus

1

2

7,492

564

520

650

131

Grisons

8

38

60,344

5,398

5,053

6,318

738

Jura

5

26

28,590

3,161

2,279

3,539

240

Lucerne

16

48

132,059

9,989

9,278

11,662

1,358

Neuchâtel

4

15

28,496

2,132

1,709

2,417

298

Nidwalden

1

9

21,272

1,648

1,659

2,021

380

Obwalden

1

6

13,494

916

958

1,143

258

St.Gallen

34

76

200,629

22,208

18,653

25,546

4,195

Schaffhausen

1

3

8,724

899

783

1,030

125

Solothurn

15

49

112,504

9,966

9,395

11,563

1,210

Schwyz

5

17

43,686

3,573

3,526

4,261

930

Thurgau

14

42

105,159

11,828

9,313

13,458

1,726

Ticino

20

63

115,353

13,065

10,796

15,400

2,108

Uri

3

5

16,491

1,292

1,194

1,498

177

Vaud

16

60

112,306

10,199

8,316

11,672

1,815

Valais

18

98

146,298

13,994

13,129

16,393

1,724

Zug

6

14

41,815

4,374

4,318

5,365

1,116

Zurich

11

40

87,206

13,009

11,352

15,192

3,139

Total 2018

252

880

1,897,369

185,106

163,322

215,015

29,919

Total 2017

261

899

1,890,126

178,023

158,975

207,908

31,394

Increase/decrease

-9

-19

7,243

7,083

4,347

7,107

-1,475

Increase/decrease in %

-3.4

-2.1

0.4

4.0

2.7

3.4

-4.7

1 Raiffeisen banks and branches of Raiffeisen Switzerland

2 Receivables from clients and mortgage receivables (net values after deducting value adjustments)

3 Amounts due in respect of customer deposits and cash bonds

Raiffeisen Switzerland

The Raiffeisen banks own 100% of Raiffeisen Switzerland. Raiffeisen Switzerland is a cooperative. Any bank with a cooperative structure that recognises the model articles of association of Raiffeisen banks and the Articles of Association and regulations of Raiffeisen Switzerland can join.

Raiffeisen Switzerland bears responsibility for the Raiffeisen Group's business policy and strategy, and acts as a centre of competence for the entire Group. Its responsibilities include risk controlling, central bank functions (monetary settlement, liquidity maintenance and refinancing), interbank business and securities trading. Raiffeisen Switzerland also informs, advises and supports the Raiffeisen banks in management, marketing, business, information technology, training, human resources and legal services. In addition, it represents Raiffeisen's national and international interests. The six branches (St.Gallen, Berne, Basel, Winterthur, Zurich and Thalwil) have a total of 16 locations. They are managed directly by Raiffeisen Switzerland and are involved in client business.

Regional unions

The Raiffeisen banks are grouped into 21 regional unions organised as associations. The unions act as links between Raiffeisen Switzerland and the individual Raiffeisen banks. The duties of the regional unions include coordinating regional advertising activities, holding training events for the Raiffeisen banks, safeguarding and representing the interests of the Raiffeisen banks in dealings with the cantonal business associations and authorities, and organising delegate elections for the Raiffeisen Switzerland Delegate Meeting.

Regional unions

Regional unions

Chair

Number of member banks

14 in German-speaking Switzerland

 

 

Aargauer Verband der Raiffeisenbanken

Thomas Lehner, Kölliken

24

Berner Verband der Raiffeisenbanken

Rolf Mani, Därstetten

17

Bündner Verband der Raiffeisenbanken

Petra Kamer, Igis

7

Deutschfreiburger Verband der Raiffeisenbanken

Aldo Greca, Giffers

5

Regionalverband Luzern, Ob- und Nidwalden

Kurt Sidler-Stalder, Ebikon

18

Oberwalliser Verband der Raiffeisenbanken

Carmen Zenklusen, Naters

7

Raiffeisenverband Nordwestschweiz

Fredi Zwahlen, Rickenbach

11

Raiffeisenverband Zürich und Schaffhausen

René Holenstein a. i., Dietikon

8

Schwyzer Verband der Raiffeisenbanken

Reto Purtschert, Küssnacht am Rigi

5

Solothurner Verband der Raiffeisenbanken

Rolf Kissling, Neuendorf

14

St. Galler Verband der Raiffeisenbanken

Marcel Helfenberger, Lömmenschwil

37

Thurgauer Verband der Raiffeisenbanken

Urs Schneider, Amlikon-Bissegg

15

Urner Verband der Raiffeisenbanken

Rolf Infanger, Erstfeld

3

Zuger Verband der Raiffeisenbanken

Dr Michael Iten, Oberägeri

6

6 in French-speaking Switzerland

 

 

Fédération des Banques Raiffeisen de Fribourg romand

Christian Gapany, Morlon

6

Fédération genevoise des Banques Raiffeisen

Thomas Foehn, Meyrin / Hervé Broch, Ursy

5

Fédération jurassienne des Banques Raiffeisen

Christian Spring, Vicques

6

Fédération neuchâteloise des Banques Raiffeisen

Jean-Bernard Wälti, Coffrane

4

Fédération des Banques Raiffeisen du Valais romand

Emmanuel Troillet, Martigny

11

Fédération vaudoise des Banques Raiffeisen

Philippe Widmer, Yverdon-les-Bains

16

1 in Italian-speaking Switzerland

 

 

Federazione Raiffeisen del Ticino e Moesano

Mauro Cavadini, Riva San Vitale

21

Group companies

Group companies are defined as all majority interests with more than 50% of the voting capital held by Raiffeisen Switzerland or its subsidiaries. The key fully-consolidated Group companies and the shareholdings valued according to the equity method are listed in note 7 (Companies in which the bank holds a permanent direct or indirect significant participation). Raiffeisen Group companies have no cross-shareholdings. The following diagram shows the consolidated companies.

Group companies

Company

Activity

Owner(s)

Raiffeisen banks

– Banking business

Cooperative members

– Mainly retail business

– Traditional savings and mortgage business

– Corporate clients business

– Payment services

– Investment fund business

– Securities trading

– Consumer goods leasing

Raiffeisen Switzerland

– Business policy/strategy and centre of competence for the Raiffeisen Group

Raiffeisen banks

– Risk controlling

– Ensuring central bank functions (monetary settlement, liquidity and refinancing)

– Banking business (mainly interbank business and securities trading)

– Running of branches

– Informs, advises and supports the Raiffeisen banks especially in the areas of management, marketing, business, investment activity, information technology, training, human resources and legal services

KMU Capital Holding AG

Holding company

Raiffeisen Switzerland (60%) *

Raiffeisen Unternehmerzentrum AG

Advisory services for SMEs

Raiffeisen Switzerland

ARIZON Sourcing Ltd

Advisory and operational services for banks

Raiffeisen Switzerland (51%)

Raiffeisen Switzerland B.V. Amsterdam

Financial services

Raiffeisen Switzerland

Raiffeisen Immo Ltd

Brokering and advisory services for the sale and purchase of real estate

Raiffeisen Switzerland

RAInetworks Pte. Ltd

Purchasing of office supplies, software licences

Raiffeisen Switzerland

Business Brokers Ltd

Management consulting

Raiffeisen Switzerland

Consolidated companies

* Raiffeisen Switzerland lays claim to 100% of the shares in KMU Capital Holding AG (see footnote 7 in Annex 7)