Raiffeisen-Landesbank Tirol AG (Austria)

Address

Steinbockallee, 29, 6063, Rum, Austria

BIC

RZTIAT22XXX

Overview

Business Focus

cooperative retail banking

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

Performance

In 2023, Raiffeisen-Landesbank Tirol AG achieved the position of 17th largest bank in Austria with a market share of 1.07%; its total assets grew by 3.32%.

Additionally, the bank became the 260th profitable bank in relation to its total assets showcasing 0.07% return on assets in 2023.

Also the lender held the 226th position regarging its loans-to-deposits (L/D) registering 102.20% L/D ratio in 2023.

Deposit Protection

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

Market Share (#17 in Austria)

Market Share of Raiffeisen-Landesbank Tirol AG

Ratios

RoA

0.07%

L/D

102.20%

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 Tirol AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets of Raiffeisen-Landesbank Tirol AG

Net_income of Raiffeisen-Landesbank Tirol AG

Total Assets (2023)

10,651.47 mln EUR (+3.32%)

Net Income (2023)

7.39 mln EUR (+99.35%)

Raiffeisen-Landesbank Tirol AG ranks as the 17th largest bank in Austria by total assets. In 2023 its total assets were 10,651.47 mln EUR, representing a 1.07% market share. It is also the 5th largest Raiffeisen credit cooperatives in Austria, commanding a 3.02% share among Raiffeisen credit cooperatives. In 2023 the bank's net income was 7.39 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 Tirol AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

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

Covered Accounts

all balances on bank accounts

Eligible Depositors

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

Raiffeisen-Landesbank Tirol AG protects deposits up to up to 100,000 EUR per depositor through Austria's deposit guarantee scheme. The scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign). The bank participates in the Einlagensicherung AUSTRIA Ges.m.b.H (ESA), making regular contributions into it.