February 23, 2018 10:11 PM ET

Banks

Company Overview of Raiffeisenlandesbank NiederÖsterreich-Wien AG

Company Overview

Raiffeisenlandesbank Niederösterreich-Wien AG provides banking products and services in Austria. It operates through Sales Support Raiffeisen Banks Lower Austria/Personal and Business Banking Customers Vienna, Corporate Clients, Financial Markets/Organization, Investments, and Other segments. The company offers passbook accounts, savings deposits, time deposits, current and salary accounts, personal loans, overdrafts, mortgages, and other special purpose loans to personal and business banking customers. It also provides traditional credit services, such as working capital, and investment and trade financing for corporate customers; project and investment, acquisition, and property financing;...

Friedrich-Wilhelm-Raiffeisen-Platz 1

Vienna,  1020

Austria

1,137 Employees

Key Executives for Raiffeisenlandesbank NiederÖsterreich-Wien AG

Chairman of Managing Board & CEO
Age: 53
Deputy Chairman of Managing Board & Deputy CEO
Publication Officer
Member of Managing Board
Age: 53
Member of Managing Board
Age: 56
Compensation as of Fiscal Year 2017.

Raiffeisenlandesbank NiederÖsterreich-Wien AG Key Developments

Raiffeisen to Close More Branches in Vienna

Raiffeisen announced that it will reduce the number of branches in Vienna in the coming years from the current 26 to about 20. Two, three years ago there were twice as many.

Raiffeisenlandesbank Niederoesterreich-Wien Announces Earnings Results for the Year 2016

Raiffeisenlandesbank Niederoesterreich-Wien announced earnings results for the year 2016. The company suffered a EUR 63.9 million net loss in 2016, worse than EUR 65.4 million profit a year earlier, as the bottom line was burdened by EUR 192 million impairment for the stake in Raiffeisen Zentralbank (RZB) as well as the lack of relevant dividend.

RLB Had Considered Merger With RZB/RBI

Raiffeisenlandesbank NiederÖsterreich-Wien AG had considered joining the merger venture of the two Raiffeisen banks: Raiffeisen Bank International AG (WBAG:RBI) Raiffeisen Zentralbank Österreich AG, in the end the Lower Austrian Raiffeisen bank decided against it, the bank head Klaus Buchleitner disclosed on April 26, 2017, stressing that the idea was now completely out of the question. He underscored that no such plans were under consideration at the moment.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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