Financial Information

Financial Performance 2024

2024 was a very successful business year for the Raiffeisen Group. With a group profit of CHF 1.2 billion Raiffeisen conducted its second best year in their 125-year history. 

Raiffeisen Group

The Raiffeisen Group is obliged to comply with capital adequacy requirements and is therefore subject to the regulatory disclosure obligations regarding risk, capital adequacy and liquidity under supervisory law on a group level. 

This disclosure is based on the Ordinance on the disclosure of risks and capital requirement and the principles of Corporate Governance (DisO-FINMA). Quantitative information has been disclosed in accordance with the requirements laid down in the Capital Adequacy Ordinance (CAO).

Some of this information cannot be directly compared with that provided in the consolidated accounts, which is reported in line with the accounting requirements for banks laid down in FINMA Circular 2020/1 «Accounting – banks» and the FINMA Accounting Ordinance.

Capital adequacy calculations are based on the same group of consolidated companies as the consolidated accounts. On 16 June 2014, the Swiss National Bank (SNB) issued an order classifying the Raiffeisen Group as systemically important. The provisions covering systemic importance require an additional capital adequacy disclosure. The corresponding information on risk-weighted capital adequacy and unweighted capital adequacy (leverage ratio) is available in Appendix 3 of this disclosure.

Raiffeisen Switzerland Cooperative

At the level of Raiffeisen Switzerland Cooperative (Raiffeisen Schweiz Genossenschaft), disclosure requirements exist in the form of the tables «KM1: Basic regulatory key figures» and «Appendix 3: Disclosure of systemically important banks».

According to Art. 10 (3) CAO, FINMA can permit a bank to consolidate Group companies operating in the financial sphere due to their especially close relationship with the bank already at the level of individual banks (solo consolidation).

Since 31 December 2016, capital at Switzerland Cooperative (Raiffeisen Schweiz Genossenschaft) is calculated on a solo consolidated basis with the approval of FINMA. Apart from this, there are no deviations between the regulatory and accounting scope of consolidation.

Raiffeisen Banks

As part of the banking group, the individual Raiffeisen banks continue to be exempt from meeting the capital adequacy requirements on an individual basis and are therefore not subject to the regulatory disclosure requirements (CAO, Art. 10).