History
Since its creation in 1926, Raiffeisen Luxembourg has become the first independent cooperative bank in the Grand-Duchy, covering the entire national territory.
In 1970, The Luxembourg Raiffeisen network accounted 138 caisses across the country.
As of 2013, Banque Raiffeisen has about 50 sales points all over the country; 11 of them depending directly from the bank, the others belonging to the 13 Caisses Raiffeisen controlled by the bank. Banque Raiffeisen has been designated as a "less significant institution" since the entry into force of European Banking Supervision in late 2014, and as such is directly supervised by the Commission de Surveillance du Secteur Financier . [3] [4]
Banque Raiffeisen has evolved from a rural union to a universal financial institution, covering retail activities but also specialising in business, private banking and wealth management. [5]
KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank (KB), the cooperative CERA Bank, ABB Insurance, and Fidelitas Insurance. The acronym KBC refers to KredietBank and CERA.
The Central Bank of Luxembourg is the member of the Eurosystem for Luxembourg and was founded for that purpose in 1998, succeeding the Institut Monétaire Luxembourgeois.
La Banque postale is a French postal bank, created on 1 January 2006 as a subsidiary of La Poste, the national postal service.
Banque Populaire was a French group of cooperative banks, with origins in the European cooperative movement. In 2009, it merged with Groupe Caisse d'Épargne to form Groupe BPCE.
Groupe Caisse d'épargne was a French cooperative banking group, with around, 4700 branches in the country. It started with the founding in 1818 of the Caisse d'Épargne et de Prévoyance de Paris, France's first savings bank. The group was active in retail and private banking, as well as holding a significant stake in the publicly traded investment bank Natixis. In 2009, it merged with Groupe Banque Populaire to form Groupe BPCE. A retail banking network under BPCE still uses the brand name.
The State Bank and Savings Bank, also known by its Luxemburgish name Spuerkeess, is the leading national financial institution founded in 1856 and governed by the law of 24 March 1989. Spuerkeess is a commercial bank wholly owned by the government of Luxembourg.
The Raiffeisen Banking Group is a group of cooperative banks in Austria. The Austrian Raiffeisen banks are not consolidated under a single parent entity but are financially linked through a common institutional protection scheme and deposit guarantee scheme. The group's international operations, by contrast, are consolidated under Raiffeisen Bank International (RBI).
Groupe BPCE is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers. Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021.
The German Cooperative Financial Group is a major cooperative banking network in Germany that includes local banks named Volksbanken and Raiffeisenbanken, the latter in tribute to 19th-century cooperative movement pioneer Friedrich Wilhelm Raiffeisen. The Cooperative Group represents one of the three "pillars" of Germany's banking sector, the other two being, respectively, the Sparkassen-Finanzgruppe of public banks, and the commercial banking sector represented by the Association of German Banks.
Crédit Mutuel is a French cooperative banking group, one of the country's top five banks with over 30 million customers. It traces its origins back to the German cooperative movement inspired by Friedrich Wilhelm Raiffeisen in Alsace–Lorraine under German rule, in the 1880s. Crédit Mutuel was a member of the International Raiffeisen Union (IRU).
The French Prudential Supervision and Resolution Authority, formerly known as Prudential Supervision Authority, is a financial regulatory authority within the Bank of France, which exercises prudential supervision of regulated French financial firms such as banks and insurance companies. Since 2014, it has been France's national competent authority within European Banking Supervision.
Banque Havilland S.A. is a private bank headquartered in Luxembourg. It is owned by the Rowland family and provides services in private banking, wealth and asset management, fund services to private clients and institutions. Banque Havilland has five offices; these are located in Luxembourg, Liechtenstein, Monaco, the United Arab Emirates and Switzerland.
Quintet Private Bank is a medium-sized Luxembourg-headquartered bank and wealth manager, founded in 1949 by Belgium's Kredietbank as Kredietbank Luxembourg (KBL), later rebranded KBL European Private Bankers or KBL ebp, and to its present name in 2020. Since 2011, it has been owned by members of the Al-Thani family of Qatar through the holding Precision Capital.
The Commission de Surveillance du Secteur Financier (CSSF) is the main financial regulatory authority in Luxembourg. Since 2014, it has been the country's national competent authority within European Banking Supervision. The CSSF is also responsible for the supervision of experts in the financial sector, investment companies, pension funds, regulated securities markets and their operators, multilateral trading facilities and payment institutions, and is the competent authority for the public auditor oversight.
Vontobel Holding AG is a Swiss private banking and investment management group headquartered in Zurich. Established in 1924, as of August 2021, Vontobel has over 2,000 employees across 26 worldwide locations. Vontobel group's core businesses are Wealth Management, Asset Management and Digital Investing, catering to wealthy private clients as well as institutional investors. Among the top tier Swiss banks, Vontobel holds around $300 billion of client assets.
Raiffeisen Switzerland is a cooperative of cooperatives – the union of all independent Swiss Raiffeisen banks. It bears responsibility for the business policy and strategy within the Raiffeisen Group. The 219 independent Raiffeisen banks of Switzerland are organised as cooperatives. With 896 branch offices in total, they make up the densest branch network of any Swiss bank. After the acquisition of Credit Suisse by UBS, the Raiffeisen Group has become the second-largest banking group in Switzerland with client assets under management of 246.6 billion francs. Since June 2014, Raiffeisen has been classified as one of Switzerland's systemically important banks and must therefore meet special requirements in terms of capital. Raiffeisen Switzerland has 3.65 million clients in Switzerland, of whom approximately 1.9 million are cooperative members and thus co-owners of their regional Raiffeisen banks.
Raiffeisen Bank International (RBI) is a key entity of the decentralized Raiffeisen Banking Group in Austria, acting both as the latter's domestic central financial entity and as the holding company for all the group's operations outside of Austria. The bank is listed on the Wiener Börse. Its major shareholders are the Raiffeisen Banking Group's eight regional banks (Raiffeisen-Landesbanken), which are bound by a shareholders' agreement and together hold a majority of RBI's equity.
Banque Internationale à Luxembourg S.A. is the oldest private bank in Luxembourg. It offers commercial and corporate banking services, and was the country's third-largest employer by 2011, with 3,640 employees. Since 2018, it has been majority-owned by China-headquartered Legend Holdings. The bank has offices in Luxembourg, Switzerland and China.
Raiffeisenlandesbank Oberösterreich AG is a credit institution and grouping of cooperative banks founded in the 1900s and headquartered in Linz, Austria. It is the central institution of the Raiffeisen Banking Group in Upper Austria and the largest of Austria's eight provincial central banks.
