Raiffeisen-Gruppe exkl. Notenstein Privatbank AG (formerly Raiffeisen Schweiz Genossenschaft)

Raiffeisen Group is a Swiss banking group consisting of about 300 local cooperative Raiffeisen banks, specializing in retail banking. Raiffeisen Group creates a framework for activities of the local Raiffeisen banks (for example IT, infrastructure, refinancing), advises and supports Raiffeisen banks in all matters as well as provides mutual liquidity pool for the Raiffeisen banks.

Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is the 4th largest bank in Switzerland in terms of total assets. In 2015 its total assets were 202,41 bln CHF, providing the bank with the market share of 6.70%.

Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade). Raiffeisen-Gruppe exkl. Notenstein Privatbank AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is headquartered in St. Gallen.

Contacts 
    Address  Raiffeisenplatz, 9001, St. Gallen, Switzerland
    Phone  071 225 88 88
    Fax  071 225 88 87
Bank Category  Raiffeisen banks
Start Date  1902
Financial Positions
    Total Assets (2015)  202.41 bln CHF ↑ (+9.00%)
Market Position and Market Share (among banks in Switzerland)
    Total Assets (2015)  4th (market share 6.70%)
Credit Ratings (as of Apr 2016)
    Fitch  - (not rated)
    Moody's  Aa2 (high grade)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 CHF per depositor)
Bank Identifiers
    BIC (SWIFT)  RAIFCH22XXX

Financial Positions

In 2015 total assets of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG were 202.41 bln CHF. Growth compared to the previous period (2014) was 9.00%. The evolution of the total assets of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is shown at Chart 1 below.

Total Assets of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG.
Chart 1. Total Assets of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is rated by Moody's.

Credit ratings assigned to Raiffeisen-Gruppe exkl. Notenstein Privatbank AG as of April 2016 are shown in details in the following sections.

Moody's

Long-term rating for Raiffeisen-Gruppe exkl. Notenstein Privatbank AG it is set to Aa2 (high grade). Long-term bank deposit rating is Aa2 (high grade). Bank financial strength rating is a2. Short-term rating is set to Baa3.

Long-Term Rating  Aa2
Long-Term Bank Deposit Rating  Aa2
Bank Financial Strength Rating  a2
Short-Term Rating  Baa3
Outlook  stable

Outlook for the ratings of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information: Deposit Guarantee Scheme in Switzerland

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG and its components are shown in the table below.

BIC  RAIFCH22XXX
Bank BIC Code  RAIF
Country Code  CH (Switzerland)
Location Code  22
Branch Code  XXX

Related Information on Switzerland

  Economy and Banking Sector of Switzerland

  List of Banks in Switzerland

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