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

Time Deposit Accounts
up to 0.40 %

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 2016 its total assets were 215,26 bln CHF, providing the bank with the market share of 6.96%.

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.

Address
Raiffeisenplatz, 9001, St. Gallen, Switzerland
Phone
071 225 88 88
Fax
071 225 88 87
Bank Category
Raiffeisen banks
Start Date
1902
Total Assets (2016)
215.26 bln CHF  (+6.35%)
Credit Ratings (as of Apr 2016)
-/Aa2
Deposit Guarantee
100 000 CHF
BIC (SWIFT)
RAIFCH22XXX

Business Summary

Services
retail banking
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts (0.05 - 0.40 %)
consumer loans
mortgage loans

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Time deposit accounts made with Raiffeisen-Gruppe exkl. Notenstein Privatbank AG are covered by deposit guarantee scheme of Switzerland up to 100 000 CHF per depositor. Raiffeisen-Gruppe exkl. Notenstein Privatbank AG offers the following time deposit accounts.

Last updated 23 August 2017

Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
24
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
36
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.15 %
Deposit Term (months)
48
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.15 %
Deposit Term (months)
48
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
60
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
72
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
72
Kassenobligation
Sales Region
Switzerland
Account Currency
EUR
Interest Rate (p.a.)
0.40 %
Deposit Term (months)
84
Time Deposit Account Details
Product Name
Kassenobligation
Account Currency
EUR
Interest Rate (p.a.)
0.40 %
Deposit Term (months)
84

Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.

See Also

Financial Positions

Total Assets (2016)
215.26 bln CHF  (+6.35%)

In 2016 total assets of Raiffeisen-Gruppe exkl. Notenstein Privatbank AG were 215.26 bln CHF. Growth compared to the previous period (2015) was 6.35%. 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.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2016)
4th (market share 6.96%)

Credit Ratings (as of Apr 2016)

Fitch Moody's
- (not rated) Aa2 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. 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
Yes (up to 100 000 CHF per depositor)

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

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