Strategic review

Strategic management process

Raiffeisen Switzerland's Executive Board and Board of Directors regularly analyse the internal and external situation and identify any changes in the assumptions underlying the strategy. They use the findings from these analyses to determine the strategic priorities and issues for the next three years. The strategic approaches are broken down into measurable targets and monitored on an ongoing basis. The focus is on financial targets as well as client and employee metrics, which provide a comprehensive view of the strategic objectives we have achieved. As a cooperative, Raiffeisen's primary commitment is to its members. Its overarching strategic focus is not profit maximisation.

Extract from the strategic targets for the Raiffeisen Group

Target value

2016 actual value

2017 actual value

2018 actual value

Loans to clients (change in %)

4,2

4,1

4,0

Client deposits (change in %)

5,3

3,7

1,0

Total portfolio value, excluding own cash bonds (change in %) 1

4,0

0,7 2

-3,7 3

Gross new provisions for value adjustments, loan losses and loan loss provisions as a percentage of loans (in %)

0,04

0,04

0,06

Cost-income ratio (in %)

63,9

60,8

64,9

Turnover of key persons (in %) 4

2,0

1,0

1,0

1 Will be replaced by target “Net new money for securities in Group (change in %)” beginning in 2019

2 Including one-time effects (e.g. 2017 sale of Notenstein La Roche Private Bank Ltd’s Eastern European business)

3 Without effects of sale of Notenstein La Roche Private Bank Ltd

4 Will be replaced by target “Turnover of key persons in the Group (in %)” beginning in 2019