Raiffeisen-Landesbank Steiermark AG (Austria)

Address

Radetzkystraße, 15, 8010, Graz, Austria

BIC

RZSTAT2GXXX

Overview

Business Focus

cooperative retail banking

Raiffeisen-Landesbank Steiermark AG is a regional bank of Raiffeisen Banking Group (Austria) whose principal owners are local Raiffeisen Banks operating in the corresponding province. Raiffeisen-Landesbank Steiermark AG is a universal bank offering a broad range of retail and corporate banking products and services to local residents. Raiffeisen-Landesbank Steiermark AG is also a regional center for the local Raiffeisen Banks responsible for IT infrastructure, marketing and advertising.

Performance

In 2022, Raiffeisen-Landesbank Steiermark AG achieved the position of 11th largest bank in Austria with a market share of 1.74%; its total assets dropped by 14.54%.

Additionally, the bank became the 165th profitable bank in relation to its total assets showcasing 0.16% return on assets in 2022.

Also the lender held the 137th position regarging its loans-to-deposits (L/D) registering 104.22% L/D ratio in 2022.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Raiffeisen-Landesbank Steiermark AG.

Market Share (#11 in Austria)

Market Share of Raiffeisen-Landesbank Steiermark AG

Ratios

RoA

0.16%

L/D

104.22%

Services

retail banking

business banking

Clients

natural persons

small- and medium-sized enterprises

companies

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

car loans

mortgage loans

trading accounts

business accounts

business payment cards

business loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Raiffeisen-Landesbank Steiermark AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets of Raiffeisen-Landesbank Steiermark AG

Net_income of Raiffeisen-Landesbank Steiermark AG

Total Assets (2022)

17,255.05 mln EUR (-14.54%)

Net Income (2022)

30.36 mln EUR (+5.18%)

Raiffeisen-Landesbank Steiermark AG is the 11th largest bank in Austria in terms of total assets. In 2022 its total assets were 17 255,05 mln EUR, providing the bank with the market share of 1.74%. Raiffeisen-Landesbank Steiermark AG is the 4th largest raiffeisen credit cooperatives in Austria (out of 313 raiffeisen credit cooperatives) having market share of 4.82% amongst the banks of this category. In 2022 the bank's net income was 30,36 mln EUR.

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: A1

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Raiffeisen-Landesbank Steiermark AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Guarantee Fund

Einlagensicherung AUSTRIA Ges.m.b.H (ESA)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons (Austrian and foreign)
legal entities (Austrian and foreign)

Covered Accounts

all balances on bank accounts

Raiffeisen-Landesbank Steiermark AG participates in the deposit guarantee scheme of Austria which applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Raiffeisen-Landesbank Steiermark AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.