Raiffeisen: third-largest banking group in Switzerland
The Raiffeisen Group is the leading Swiss retail bank. The third largest bank in the Swiss banking sector has 1.9 million cooperative members and 3.7 million clients. The Raiffeisen Group is represented at 977 locations throughout Switzerland. The 270 legally autonomous Raiffeisen cooperative banks are amalgamated into the Raiffeisen Switzerland Cooperative, which is the strategic leader of the entire Raiffeisen Group. Raiffeisen offers private individuals and companies a wide range of products and services through Group companies, joint ventures and enterprises in which it holds an equity investment. As at 30 June 2016, the Raiffeisen Group had CHF 212 billion in assets under management and CHF 170 billion in loans to clients. The market share is 17.1% in the mortgage business. Total assets amount to CHF 214 billion.