The Raiffeisen Banking Group Salzburg consists of 66 independent Raiffeisen Banks and Raiffeisenverband Salzburg (RVS), together 146 cooperative banking outlets in the province of Salzburg. RVS operates not only as central bank but also as lobby and legal auditing association for local Raiffeisen banks.

With its legal form of decentralised organised cooperatives (structure), that work closely together, Raiffeisen is by far the largest banking group in the province of Salzburg. As market leader Raiffeisen is also a major player in the Salzburg economy, employing as per year end 2011 1,695 people in RVS and another 1,262 in its 66 Raiffeisen banks. In 2011 the Raiffeisen Banking Group had a consolidated balance sheet total of EUR 14.6 bn.

Raiffeisenverband Salzburg – at a glance

RVS has been established in 1905 as Salzburgische Genossenschaftszentralkasse. In 1949 the name was changed to Raiffeisenverband Salzburg. RVS is owned by 192 cooperative members, mainly member banks. The balance sheet total as per 31.12.2011 was EUR 8 bn.

RVSs CEO is Mr. Günther Reibersdorfer. Further members of the Management Board are Mr. Hans Schinwald (Private Banking), Mr. Heinz Konrad (Corporate Banking) and Mr. Andreas Derndorfer (Finance & Controlling).

As a modern and future-oriented institute, RVS stayed abreast with the world-wide globalisation of the economy. A major task of Raiffeisen is to support exporters in all possible fields of business. In Germany RVS is represented by its 100% subsidiary, Salzburg München Bank AG, in Italy by Südtirol Bank AG. Furthermore, RVS operates Representative Offices in Bolzano and Munich.

RVS provides the local banks with a number of central bank services and offers its customers as a universal bank a comprehensive package of financial services including a large range of private and commercial credit and loan facilities, electronic banking, support in international transactions as well as a professional investment management service.

RVS has a large base in private customers and in its area it is the number one financier for small and medium-sized enterprises, for the tourism industry, for private households and home building as well as for agriculture and forestry.

Wealthy private clients are increasingly making use of the portfolio management services of our “Raiffeisen Salzburg Invest KAG”, which also handles investment funds to complement our service portfolio.

The package of services is supplemented by Raiffeisen’s own insurance (Raiffeisen Versicherungs AG) and leasing company (Raiffeisen Leasing) as well as its real estate agency (Raiffeisen Realitäten reg. Gen.m.b.H.).

In Italy RVS holds a 25% participation in Südtirol Bank AG, Bolzano, a specialised Private Banking and Investment Bank that was created on October 1st, 2008, out of Alpi Sim SpA.

RVS is also head office of the warehouse cooperatives („Lagerhaus“) of the province of Salzburg with 41 warehouse stores, 27 filling stations, 9 farm machine garages and a mixed feed plant.

Generally RVS has an important role in the commodities and live-stock business as local supplier both for consumers and farmers and so contributes considerably to the importance of Salzburg as Austria’s second largest trading place.