Raiffeisenbank Eifel eG

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Raiffeisenbank Eifel eG Logo

Address

Hauptstraße 76, 52152, Simmerath, Germany

BIC

GENODED1SMY

Overview

Business Focus

cooperative retail banking

Raiffeisenbank Eifel eG is a cooperative bank owned by its members via shares.Raiffeisenbank Eifel 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).

Performance

In 2023, Raiffeisenbank Eifel eG achieved the position of 712th largest bank in Germany with a market share of 0.01%; its total assets grew by 23.76%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Raiffeisenbank Eifel eG.

Services

retail banking
business banking
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans
trading accounts

Card Providers

VisaMasterCard

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Raiffeisenbank Eifel eG delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app
phone phone

Financials

Total Assets of Raiffeisenbank Eifel eG
Market Share of Raiffeisenbank Eifel eG
Total Assets (2023)
765.08 mln EUR   (+23.76%)

Raiffeisenbank Eifel eG ranks as the 712th largest bank in Germany by total assets. In 2023 its total assets were 765.08 mln EUR, representing a 0.01% market share. It is also the 342nd largest cooperative bank in Germany, commanding a 0.07% share among cooperative banks.

Credit Ratings

Fitch: AA-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Raiffeisenbank Eifel eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
BVR Institutssicherung GmbH
Covered Accounts
all deposit accounts
Eligible Depositors
individuals
companies

Raiffeisenbank Eifel 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.

See Also

Member of Group

 DZ Bank (Germany)

Raiffeisenbank Eifel eG is a member of DZ Bank (Germany).

Contacts

addressHauptstraße 76, 52152, Simmerath, Germany
po box11 29

Raiffeisenbank Eifel eG is located in Simmerath.

Bank Identifiers

BIC (SWIFT)
GENODED1SMY
LEI
5299007Y7UJE5QV9QD03
MFI ID
DE03078

Bank History

Previous Name
Raiffeisenbank eG (Simmerath)
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