Created by Anna Mileiko 
Raiffeisenbank Essenbach eG is a cooperative bank owned by its members via shares.Raiffeisenbank Essenbach eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).
In 2021, Raiffeisenbank Essenbach eG achieved the position of 867th largest bank in Germany with a market share of 0.01%; its total assets grew by 0.49%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Raiffeisenbank Essenbach eG.
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Raiffeisenbank Essenbach eG ranked as the 867th largest bank in Germany by total assets. In 2021 its total assets were 627.64 mln EUR, representing a 0.01% market share. It was also the 392nd largest cooperative bank in Germany, commanding a 0.06% share among cooperative banks.
Raiffeisenbank Essenbach eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn).
Raiffeisenbank Essenbach eG protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the BVR Institutssicherung GmbH, making regular contributions into it.
DZ Bank (Germany)Raiffeisenbank Essenbach eG is a member of DZ Bank (Germany).
Rathausplatz 8, 84051, Essenbach, Germany
1163Raiffeisenbank Essenbach eG was located in Essenbach.
VisaMasterCardRaiffeisenbank Essenbach eG provides products and services in the areas of retail banking, business banking, insurance. Raiffeisenbank Essenbach eG offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans, trading accounts. Raiffeisenbank Essenbach eG makes its solutions available to natural persons, small- and medium-sized enterprises, companies.
branch online banking mobile app phoneProducts and services offered by Raiffeisenbank Essenbach eG are available at its branches and via its online banking system, mobile application, call center.
In 2021 total assets of Raiffeisenbank Essenbach eG were 627.64 mln EUR. Growth compared to the previous period (2020) was 0.49%. The evolution of the total assets of Raiffeisenbank Essenbach eG is shown at Chart 1 below.
Chart 1. Total Assets of Raiffeisenbank Essenbach eG.
Recent changes in total assets of Raiffeisenbank Essenbach eG and its main components are shown in Table 1.
| 2020 | 2021 | change (%) | |
|---|---|---|---|
| Loans to customers | 444.4 | 465.8 | +4.81% |
| Total Assets | 624.6 | 627.6 | +0.49% |
Table 1. Recent changes in total assets of Raiffeisenbank Essenbach eG (mln EUR).
Recent changes in total liabilities of Raiffeisenbank Essenbach eG and its main components are shown in Table 2.
| 2020 | 2021 | change (%) | |
|---|---|---|---|
| Deposits | 479.1 | 478.9 | -0.03% |
| Total Liabilities | 624.6 | 627.6 | +0.49% |
Table 2. Recent changes in total liabilities of Raiffeisenbank Essenbach eG (mln EUR).
In 2021 Raiffeisenbank Essenbach eG was ranked the 392nd largest cooperative bank in Germanyin terms of total assets, having 0.06% of the category's market share.
Chart 2. Market share of Raiffeisenbank Essenbach eG (among Cooperative Banks in Germany)
TheBanks.eu identified several banks cooperative banks having the market shares and ranks closest to Raiffeisenbank Essenbach eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 391 | | 0.07% | 770.70 mln EUR (+6.08%) |
| 392 | | 0.06% | 627.64 mln EUR (+0.49%) |
| 393 | | 0.06% | 716.98 mln EUR (+3.87%) |
In 2021 Raiffeisenbank Essenbach eG was ranked the 867th largest bank in Germanyin terms of total assets, having 0.01% of the domestic market share.
Chart 3. Market share of Raiffeisenbank Essenbach eG (among banks in Germany)
Historical changes in Raiffeisenbank Essenbach eG's domestic rank and market share over 2017-2021 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2021 | 867 | 0.01 % |
| 2020 | 888 | 0.01 % |
| 2019 | 924 | 0.01 % |
| 2018 | 924 | 0.01 % |
| 2017 | 946 | 0.01 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Raiffeisenbank Essenbach eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 866 | | 0.01% | 770.70 mln EUR (+6.08%) |
| 867 | | 0.01% | 627.64 mln EUR (+0.49%) |
| 868 | | 0.01% | 716.98 mln EUR (+3.87%) |
Raiffeisenbank Essenbach eG has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | WD (withdrawn) |
| Outlook | - |
| On Watch | No |
| Short-Term Issuer Default Rating | WD (withdrawn) |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness.
Discover key identifiers of Raiffeisenbank Essenbach eG including its BIC, LEI, MFI ID.
BIC: GENODEF1ENY
The BIC (also known as SWIFT code) for Raiffeisenbank Essenbach eG is GENODEF1ENY. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | GENODEF1ENY |
| Bank BIC Code | GENO |
| Country Code | DE (Germany) |
| Location Code | F1 |
| Branch Code | ENY |
LEI: 529900P3SXYJHJ3A0231
Raiffeisenbank Essenbach eG’s LEI is 529900P3SXYJHJ3A0231. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 529900P3SXYJHJ3A0231 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | P3SXYJHJ3A02 |
| Verification ID | 31 |
MFI ID: DE03658
Raiffeisenbank Essenbach eG’s MFI ID, DE03658, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Germany (DE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | DE03658 |
| Country Code | DE |
| MFI Code | 03658 |
TheBanks.eu identified several banks similar to Raiffeisenbank Essenbach eG based on various criteria, including:
