Press Releases
Latest News on Raiffeisen in English (extract of all).
2025
Change in the Executive Board of Raiffeisen Switzerland
St.Gallen, 25 September 2025. Roger Reist, who has been a member of the Executive Board of Raiffeisen Switzerland since spring 2020, has decided to step down from his position as Head of the Corporate Clients, Treasury & Markets department. He will be taking up the role of Head of Institutionals & Multinationals and Member of the Executive Board at Zürcher Kantonalbank with effect from 1 July 2026.
“In recent years, Roger Reist’s Corporate Clients, Treasury and Markets department has contributed to the stability of the Raiffeisen Group in an extremely challenging interest rate environment and has played a major role in shaping Raiffeisen’s further development in the corporate clients business. On behalf of the Executive Board of Raiffeisen Switzerland, I would like to take this opportunity to thank him for his hard work for Raiffeisen and wish him all the best for his personal and professional future,” says Christian Poerschke, interim Chairman of the Executive Board of Raiffeisen Switzerland. Philipp Ackermann, Head of Treasury at Raiffeisen Switzerland, is scheduled to manage the department on an interim basis. The search for a successor is under way.
Thomas A. Müller will not stand for a third term of office as Chairman of the Board of Directors of Raiffeisen Switzerland
St.Gallen, 2 September 2025. Thomas A. Müller, Chairman of the Board of Directors of Raiffeisen Switzerland, will not stand for re-election at the Annual General Meeting of Raiffeisen Switzerland on 19 June 2026. After around eight years on the Board of Directors of Raiffeisen Switzerland, including four and a half years as its Chairman of the Board of Directors, Thomas A. Müller will not stand for re-election at the end of the current two-year term of office and will leave the Board of Directors after the 2026 Annual General Meeting.
Thomas A. Müller, Chairman of the Board of Directors of Raiffeisen Switzerland: «I have taken over the chairmanship with the aim of further developing the cooperative group and advancing it in the interests of its customers and cooperative members. Raiffeisen has presented good business figures in recent years, is excellently capitalised and has a clear strategic focus. With the start of a new strategy period in 2026, the time is right for me to hand over the chairmanship to new hands.»
The Board of Directors will start the succession process immediately.
Sustained growth and a strong pension and investment business
St.Gallen, 20 August 2025. The Raiffeisen Group can look back on a positive first half of 2025. Profit is at a good level of CHF 555 million. The decline of 13.6% compared to the same period of the previous year is in line with expectations and reflects, in particular the decline in interest operations as a result of the Swiss National Bank's key interest rate cuts. Dr Christian Poerschke, Chairman of the Executive Board ad interim of Raiffeisen Switzerland, commented on the half-year results: "In a challenging market environment, we were able to record solid growth in all business areas. In particular, I am pleased to see that the share of neutral business in operating income has increased further. This shows that we are on track with our strategic goal of income diversification."
Fitch once again confirms Raiffeisen's A+ rating
- Unchanged issuer default rating from Fitch in the high investment grade range with a rating of A+ and «stable» outlook
- Long-Term Senior Preferred Debt Rating of AA– remains unchanged as well
- Rating agency recognises Raiffeisen's strong position, excellent capitalisation and high quality of the loan portfolio
St.Gallen,12 June 2025. The rating agency Fitch has once again confirmed its A+ issuer default rating for Raiffeisen. Fitch also left its Short-Term Issuer Default Rating of F1 and its Long-Term Senior Preferred Debt Rating of AA– unchanged. The agency continues to assess the outlook as «stable». This very good rating puts Raiffeisen among the highest-rated banks in the world.
In its report, the rating agency emphasises Raiffeisen's strong position in the Swiss retail and corporate clients business. Fitch also recognises Raiffeisen's strong capitalisation and robust risk profile, which makes Raiffeisen stand out internationally thanks to the high quality of its credit portfolio.
Safe and stable
Raiffeisen achieved a very good result in 2024 with a profit of CHF 1.2 billion and further expanded its market position. Thanks to its excellent capitalisation, Raiffeisen already meets the full capital requirements for systemically important banks (TLAC ratio on 31 December 2024: 26%). The Group's liquidity situation also remains robust. At 153.3%, the short-term liquidity ratio is well above the regulatory minimum of 100%. At 139.3%, the long-term refinancing ratio (net stable funding ratio) remains at a consistently high level and underlines the stable and sustainable refinancing of the Raiffeisen Group's loans. Raiffeisen will publish its half-year results on 20 August 2025.
Gabriel Brenna will be the new Chairman of the Executive Board of Raiffeisen Switzerland
- The Board of Directors of Raiffeisen Switzerland appoints Gabriel Brenna as the new Chairmanof the Executive Board of Raiffeisen Switzerland
- Gabriel Brenna is currently Group CEO of Liechtensteinische Landesbank AG and will take overoperational management of Raiffeisen Switzerland on 1 December 2025
- By appointing Gabriel Brenna, the Board of Directors of Raiffeisen Switzerland is deliberately strengthening its strategic and technological expertise
St.Gallen, 11 June 2025. The Board of Directors of Raiffeisen Switzerland yesterday appointed Dr Gabriel Brenna as the new Chairman of the Executive Board of Raiffeisen Switzerland. Gabriel Brenna has been Group Chief Executive Officer of Liechtensteinische Landesbank AG (LLB) since 2021 and will take over operational management of Raiffeisen Switzerland on 1 December 2025. He succeeds Heinz Huber, who stepped down from the role at the end of December 2024.
By appointing Gabriel Brenna, the Board of Directors of Raiffeisen Switzerland is providing fresh momentum for the coming strategy period. The 51-year-old joined LLB in 2012 as Head of Private Banking division. He has been a member of the Executive Board and Group Management since 2012 and has held the position of Group Chief Executive Officer for four years. Prior to this, Gabriel Brenna worked for the consulting firm McKinsey & Company for seven years. Gabriel Brenna has successfully managed LLB over the past few years and exerted strong operational and strategic influence. The Swiss-Italian dual citizen studied at the École Polytechnique Fédérale de Lausanne (EPFL) as well as at Carnegie Mellon University and Stanford University (USA). He received his doctorate from the Swiss Federal Institute of Technology (ETH) in Zurich in 2004.
Thomas A. Müller, Chairman of the Board of Directors of Raiffeisen Switzerland, on the appointment of Gabriel Brenna: «I am delighted to be able to appoint Gabriel Brenna, an outstanding leader, as the new Chairman of the Executive Board. With his in-depth knowledge of the financial sector and his strategic and technological expertise, Gabriel Brenna is the ideal candidate for the position of Chairman of the Executive Board. Thanks to his experience in investment and lending activities at LLB, Gabriel Brenna epitomises what drives us at Raiffeisen: customer orientation, security and entrepreneurial thinking.»
Gabriel Brenna: «I am honoured to take over the management of a successful and future-oriented company and would like to thank the Board of Directors of Raiffeisen Switzerland for the trust they have placed in me. Raiffeisen has great growth potential and, at the same time, strong co-operative DNA that needs to be preserved. Further developing the Group together and strengthening its competitive position is a major and fulfilling task.»
Dr Christian Poerschke will continue to act as Chairman of the Executive Board on an interim basis until Gabriel Brenna takes up his post definitively. He will then return to his previous role as CFO of Raiffeisen Switzerland.
Thomas A. Müller: «On behalf of the Board of Directors, I would like to thank Christian Poerschke for continuing to fulfil the role of Chairman of the Executive Board of Raiffeisen Switzerland on an interim basis. I am delighted that Raiffeisen Switzerland can continue to count on his excellent strategic, financial and banking expertise and his many years of experience in the company.»
Raiffeisen publishes annual reporting for 2024
St. Gallen, 16 April 2025. Raiffeisen Switzerland today published the Raiffeisen Group Annual Report 2024 and the Raiffeisen Switzerland Annual Report 2024.
The Raiffeisen Group's Annual Report contains detailed information on the banking group and its business activities, as well as detailed information on the annual financial statements and non-financial matters. The separate publications "Disclosure of climate-related information" and "Regulatory disclosure" supplement the Raiffeisen Group's Annual Report. Raiffeisen Switzerland's Annual Report rounds off the banking group's reporting for the 2024 financial year.
The 2024 financial year was very good for the Raiffeisen Group. With Group profit of CHF 1.2 billion (previous year: CHF 1.39 billion), Raiffeisen achieved the second-best result in its 125-year history. Raiffeisen succeeded in growing in all business areas. In the year under review, the banking group welcomed around 38,000 new cooperative members.
Committed to members and society
The cooperative model and the associated proximity to its clients make the Raiffeisen Group unique. Switzerland's second-largest banking group offers added value for its members and society in many ways. Last year, for example, members were able to benefit from discounted banking products, attractive interest rates on their share certificates and member benefits such as free admission to museums or discounted ski day passes. The Raiffeisen Group also invests in the training and continuing education of its more than 12,000 employees. Its commitment to society is also reflected in donations and regional sponsorships, among other things. On an ecological level, Raiffeisen supports the mitigation of climate change. The banking group reports this added value in the "Raiffeisen Added Value Barometer", which totalled CHF 444 million for the past financial year.
Further information on the 2024 financial year can be found at raiffeisen.ch/en/report. All publications relating to the 2024 annual reporting are also available for download there.
Raiffeisen reports strong year-end results – second-highest recorded profit, growth in investment and corporate clients business
- Group profit of CHF 1.2 billion, 13% below the previous year
- Mortgage loans increased by 4.6% exceeding CHF 220.8 billion
- Encouraging increase in customer deposits of CHF 7 billion to CHF 214.9 billion; net new money inflow of CHF 3.4 billion into pension and investment accounts
- Very good net interest income of CHF 2.8 billion, 7.5% below the previous year's exceptionally high result
- Continued positive development in the pension and investment business reflected in the net income from commission business and services (+9.5%)
- Credit volume and client base in corporate business expanded with more than 5,000 new corporate clients acquired
- High operating result of CHF 1.4 billion
- Exceptionally well capitalised – capital increased to CHF 26.9 billion
St. Gallen, 27 February 2025. The Raiffeisen Group achieved a very good result in 2024 with a group profit of CHF 1.2 billion, being the second-highest profit in Raiffeisen's 125-year history. Though profit is 13% below previous year, the difference is largely attributable to the exceptionally high net interest income last year. The bank's client business continued to grow. In the pension and investment business, the Group recorded a net new money inflow of CHF 3.4 billion. The Group also strengthened its market position in the corporate clients business in 2024. In total, Raiffeisen acquired more than 5,000 new corporate clients. Christian Poerschke, Chairman of the Executive Board ad interim of Raiffeisen Switzerland, commented on the result: "Raiffeisen achieved a very good result in 2024 and is exceptionally well positioned thanks to its business model and strong capitalisation. We have focused on strengthening client relationships in recent years – with success, as the Group's encouraging figures show."
MSCI raises Raiffeisen Switzerland's ESG rating to AA
St.Gallen, 13 February 2025. MSCI has raised Raiffeisen's ESG rating from A to AA in its latest assessment. This is the second-best rating that can be achieved in this ranking, making Raiffeisen one of the best-rated companies in its sector. MSCI's ESG rating is internationally recognised and is intended to assess how a company deals with its financially relevant ESG risks and ESG opportunities.
2024
Standard & Poor's once again confirms very good rating for Raiffeisen
St.Gallen, 20 December 2024. The rating agency Standard & Poor's (S&P) has once again confirmed its long-term issuer credit rating of AA- for Raiffeisen. S&P also maintains the short-term issuer credit rating of A-1+. The agency continues to assess the outlook as "stable". This very good rating places Raiffeisen among the best rated banks in the world. S&P had upgraded Raiffeisen's rating in April 2023 and confirmed it for the first time in December 2023.
Heinz Huber steps down as Chairman of the Executive Board
St.Gallen, 18 December 2024. After almost six years, Heinz Huber will step down from his role as Chairman of the Executive Board of Raiffeisen Switzerland on 31 December 2024 and leave the company to take on the role of Chairman of Graubündner Kantonalbank and move to the strategic management level as of July 2025.
Inrate raises Raiffeisen's ESG rating to B+
St.Gallen, 9 October 2024. Inrate has raised Raiffeisen's ESG Impact Rating from B to B+. This makes Raiffeisen one of the best-rated banks worldwide according to Inrate. Inrate AG is an independent Swiss rating agency specialising in sustainability data and ESG ratings. Inrate's ESG rating assesses the impact of companies on the environment and society and examines how companies are managed. The B+ classification stands for positive effects on the environment and society. Inrate's rating is particularly important in a Swiss context. For example, the operator of the Swiss stock exchange SIX relies on Inrate ratings when developing sustainability indices..
Continuing growth in client business– encouraging first half of 2024 for Raiffeisen
St. Gallen, 21 August 2024. The Raiffeisen Group can look back on a positive first half-year. At CHF 641.6 million, profit is at a high level – the second-best half-year result in the banking group’s history. Following an exceptionally strong prior-year period, the decline of 8.4% is in line with the expectations forecast at the beginning of the year.
Fitch confirms Raiffeisen's very good rating
St.Gallen, 4 July 2024. The rating agency Fitch has confirmed its A+ issuer default rating for Raiffeisen. Fitch also left its Short-term Issuer Default Rating of F1 as well as its Senior Unsecured Rating of AA– unchanged. The agency continues to assess the outlook as "stable". This very good rating puts Raiffeisen among the highest rated banks in the world.
In its report, the rating agency emphasises Raiffeisen's strong position in the Swiss retail and corporate clients business. Fitch also recognises Raiffeisen's profitability, strong capitalisation and robust risk profile, which makes Raiffeisen stand out internationally thanks to the high quality of its credit portfolio.
Raiffeisen publishes annual reporting for 2023
St. Gallen, 19 April 2024. Raiffeisen Switzerland today published the 2023 Annual Report of the Raiffeisen Group and the 2023 Annual Report of Raiffeisen Switzerland.
The year 2023 was a successful one for the Raiffeisen Group. At CHF 1.39 billion, Group profit was 17.7% above the previous year's level. The banking group significantly increased its income from the client business in particular. It succeeded in generating growth in all business areas and gaining market share. Raiffeisen is continuously expanding its services by strategically investing in digitalisation and in consulting for its more than 3.69 million clients.
The Raiffeisen Group's Annual Report provides detailed information on the banking group and its strategy, business activity, governance and 2023 financial statements. In addition, the progress it has made in implementing its sustainability strategy is documented in the chapters on non-financial reporting. Raiffeisen has also published the disclosure of climate information in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the GRI content index.
All publications are available at report.raiffeisen.ch.
Successful financial year for the Raiffeisen Group – market position further expanded
St. Gallen, 7 March 2024. 2023 was a successful year for the Raiffeisen Group – both the operating result and profit were increased. At CHF 1.39 billion, Group profit was up 17.7% on the previous year. The main increase was in the Group’s revenues from client business. The operating result rose by CHF 354.5 million to CHF 1.7 billion.
2023
Standard & Poor's confirms very good rating for Raiffeisen
St.Gallen, 1 December 2023. The rating agency Standard & Poor's (S&P) has confirmed its long-term issuer credit rating of AA- for Raiffeisen. S&P also maintains the short-term issuer credit rating of A-1+. The agency continues to assess the outlook as "stable". This very good rating places Raiffeisen among the best rated banks in the world. S&P upgraded Raiffeisen's rating in April 2023 and at the same assigned an AA-/ A-1+ resolution counterparty rating, due to the voluntarily early fulfilment of the 2026 regulatory Total Loss-Absorbing Capacity (TLAC) requirements.
Raiffeisen publishes annual reporting for 2022
St.Gallen, 21 April 2023. Today Raiffeisen published the annual report and the magazine covering the financial year of the Raiffeisen Group as well as the annual report of Raiffeisen Switzerland.
In 2022, the Raiffeisen Group generated a very good result with a Group profit of CHF 1.18 billion, thus continuing the success of recent years. A particular factor in the banking group's success is its proximity to its 3.6 million clients and more than 2 million cooperative members.
The Raiffeisen Group's annual report provides detailed information on the balance sheet and income statement for 2022, as well as on the banking group's corporate governance and sustainability performance. Raiffeisen has also published the GRI content index and a disclosure of Climate-related information according to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The magazine covering the financial year shows the people behind the published figures, and their stories. This latest publication focuses on the topic of sustainable pensions and investments, with its many facets.
The annual reporting for 2022 is available online at report.raiffeisen.ch
Raiffeisen Switzerland is a member of the London Bullion Market Association
St.Gallen, 18 April 2023. In recent years, Raiffeisen Switzerland has seen increased demand from clients and significant growth in the precious metals business. With its membership in the London Bullion Market Association (LBMA), Raiffeisen is now strengthening its experience and competence in precious metals trading. As the largest internationally recognised industry association for precious metals, the LBMA sets market standards and also shapes the future alignment of the precious metals industry with regard to environmental, social and governance (ESG) aspects. This includes, in particular, the responsible sourcing and procurement of precious metals. Raiffeisen only sells gold bars from refiners that meet the LBMA Good Delivery Standards.
Pioneer in responsible gold procurement
In the procurement of gold for its own gold bars, Raiffeisen has pursued the new “Responsibly Sourced and Traceable” approach since 2021. This approach permits traceability of the gold’s origin and promotes the environmental and social compatibility of the companies in the supply chain. The origin of each bar as well as all companies involved in the supply chain can be traced via a Raiffeisen website using the bar number. In addition to this, Raiffeisen integrates gold from small-scale mines from developing and emerging countries, provided that they are part of a recognised programme for the improvement of environmental and social compatibility. For instance, with the aim that the mines refrain from using mercury or that they improve the safety of the workforce. At the same time Raiffeisen also provides financial support for such initiatives. In November 2021, Raiffeisen was the first retail bank in Switzerland to launch an exchange-traded gold ETF that invests in responsibly sourced and traceable gold, the "Raiffeisen ETF – Solid Gold Responsibly Sourced & Traceable". Raiffeisen was awarded with the Swiss ETF Awards 2023 in the Newcomer category for this fund.
Raiffeisen emergency plan rated effective
St Gallen, 5 April 2023. As a systemically important banking group, Raiffeisen is legally obliged to draw up an emergency plan with the aim of maintaining systemically important functions in the event of a threat of insolvency. FINMA has rated the emergency plan of the Raiffeisen Group and deemed it effective for the first time.
As of 31 December 2022, Raiffeisen had fully built up the additional loss-absorbing capacity (gone concern capital) required in the event of an emergency without making use of the transitional provisions. As a result, the emergency plan meets the requirements for maintaining systemically important functions without interruption in the event of a threat of insolvency.
Standard & Poor's raises rating of Raiffeisen Switzerland to AA-/A-1+
- Standard & Poor’s raises Issuer Credit Rating to AA-/A-1+ (previously A+/A-1), stable outlook confirmed
- Rating agency underscores excellent capitalisation, strong market position and robust quality of loans
Raiffeisen achieves very strong annual result
- The Raiffeisen Group generated a profit of 1.18 billion (+10.6%) in 2022
- Strong Mortgage loans increased 3.7% to over CHF 200 billion
- Client deposits increased 1.5%
- Net new money inflow of 3.9 billion in pension and investment deposits
- Consistently positive development of commission and service business income (+10.3%)
- Operating result rose CHF 85.9 million to 1.4 billion
- Cost/income ratio sees further improvement to 55.9%
- Excellent capital base – Going-and gone-concern capital increased to CHF 23.1 billion
2022
Raiffeisen Switzerland issues a bail-in bond in euro
St.Gallen, 24 October 2022. Raiffeisen Switzerland is the first domestic systemically important Swiss bank (D-SIB) to issue a bail-in bond in euro. The benchmark bond with an issue volume of € 500 million has a maturity until 2027. The bond will be paid on 1 November 2022 and will be traded at the SIX Swiss Exchange under ISIN CH1224575899. The first trading day is 1 November 2022.
Issuing bail-in capital allows Raiffeisen Switzerland to build up additional loss-absorbing funds under the regime governing systemic importance. Furthermore, bail-in bonds are aimed at institutional and professional investors, due to their structure or minimum denomination of € 100,000. An "A" rating is expected from Standard & Poor's (S&P) and an "A+" rating from Fitch for this bond.
Stable and successful – Raiffeisen reports strong half-year result
The Raiffeisen Group achieved a very good result in the first half of 2022. The Group profit of CHF 556 million is up 10.1 % on previous year’s result. Particularly in the commission and service business as well as in interest business the Group recorded pleasing growth. The business volume of the group is also growing continuously.
Raiffeisen publishes its annual reports for 2021
St. Gallen, 22 April 2022. The Raiffeisen Group today published the annual report and yearly report of the Raiffeisen Group as well as the annual report of Raiffeisen Switzerland for the 2021 financial year. The documents can be retrieved at report.raiffeisen.ch.
Raiffeisen reports outstanding year-end results
In 2021 the Raiffeisen Group generated an excellent result, with a Group profit of CHF 1.07 billion, 24.2 % higher than the previous year. Significantly higher income in all business areas contributed to this.
Raiffeisen receives «Prime» status for its ISS ESG sustainability rating
The sustainability rating agency ISS ESG awarded Raiffeisen «Prime» status for its sustainability performance. This places Raiffeisen among the top 10 % of its peer group worldwide when it comes to sustainability.
2021
General Meeting elects Thomas A. Müller as Chairman of the Board of Directors and Sandra Lathion to the Board of Directors
At the extraordinary general meeting of Raiffeisen Switzerland, the representatives of the Raiffeisen banks elected Thomas A. Müller as Chairman of the Board of Directors of Raiffeisen Switzerland with a majority of 76 percent of the votes. In addition, the representatives newly elected Sandra Lathion with a majority of 94 percent to the Board of Directors.
Change in the Executive Board of Raiffeisen Switzerland
Rolf Olmesdahl, since mid-2015 Department Head of IT&Services (COO) and Member of the Executive Board of Raiffeisen Switzerland, and Raiffeisen Switzerland have decided to terminate the employment relationship.
Raiffeisen becomes the first retail bank in Switzerland to launch a responsible gold ETF
Raiffeisen launches an exchange-traded fund that invests in responsibly sourced gold.
Very good rating for Raiffeisen – Fitch rates Group A+
New issuer default rating from Fitch in high investment grade range: Raiffeisen rated«A+» with a «stable» outlook.
Raiffeisen reports excellent half-year result – high client trust, strong client business
The Raiffeisen Group recorded an excellent result in the first half of 2021. The Group profit of CHF 505 million is well above the previous year (+45.9 %).
Chairman of the Board of Directors Guy Lachappelle announces his resignation as per the end of July 2021 – Pascal Gantenbein takes over official duties with immediate effect
Guy Lachappelle, Chairman of the Board of Directors of Raiffeisen Switzerland since 2018, has informed the Board of Directors that he will resign from his position as per the end of July 2021.
Moody's raises the outlook for Raiffeisen Switzerland to «positive»
Moody's has just announced that it has raised the outlook for Raiffeisen Switzerland from «stable» to «positive».
Raiffeisen publishes its annual reports for 2020
St.Gallen, 16 April 2021. The Raiffeisen Group today published the annual report and yearly report of the Raiffeisen Group as well as the annual report of Raiffeisen Switzerland for the 2020 financial year. The documents can be retrieved at https://report.raiffeisen.ch/2020/en/
Raiffeisen Switzerland successfully issued an additional tier 1 bond
St.Gallen, 12 March 2021. Raiffeisen Switzerland successfully issued an additional tier 1 bond (AT1 bond) for nominal CHF 200 million. By doing so Raiffeisen achieves the desired further diversification of different capital instruments and qualities and strengthens its already strong capital base. The AT1 bond was issued with a 2,25 % coupon.
Raiffeisen reports strong year-end results
St. Gallen, 4 March 2021. Raiffeisen operated successfully and prudently in the past year.
Key results
- The Raiffeisen Group generated a profit of CHF 861 million in 2020 (+3.1 %)
- Very good operating business – increase in operating result by CHF 37.9 million to CHF 967 million
- 37,000 new customers – growth in all regions of Switzerland
- Client assets increased by CHF 16.8 billion to CHF 224 billion
- Mortgage loans rose by 2.7 % – the targeted growth at market level continues
- Significant progress in pension provision and investments business – doubling of asset management mandates and, more than 20 % growth in fund savings plan and retirement savings deposit accounts
- Cost-income ratio improved from 61.3 to 59.4 %
- Very good capital resources with a TLAC ratio of 20.6 %
2020
Standard & Poor's assigns A+ rating to Raiffeisen Switzerland
St. Gallen, 21 September 2020. The rating agency Standard & Poor's (S&P) published its rating for Raiffeisen Switzerland and assigned a long-term issuer credit rating of «A+» (short-term issuer credit rating «A-1») to the bank. The agency set the outlook to «stable».
Raiffeisen reports good half-yearly results – Core business performed strongly
St. Gallen, 19 August 2020. The Raiffeisen Group closed the first half of 2020 with a good result. Its core business performed well again. Customer deposits rose a rapid 5.7 % to CHF 186.3 billion. Thanks to pleasing income growth and simultaneous cost reductions, the banking group significantly increased its operating result by 15.0 % to CHF 513 million in the first half of 2020. «The Raiffeisen Group has succeeded in pursuing the path it has set for itself despite the challenging environment thanks to its clear business model, solid capital base and the extraordinary dedication of its people. Our earnings performance in the first half-year and excellent cost discipline produced a strong operating result,» said Heinz Huber, Chairman of the Executive Board of Raiffeisen Switzerland.
Raiffeisen publishes Group and Raiffeisen Switzerland annual reports 2019
St.Gallen, 17 April 2020. After the Annual Media Conference on 1 March 2019, Raiffeisen today published the annual report 2018 of the Raiffeisen Group and the annual report of Raiffeisen Switzerland. The documents can be retrieved at report.raiffeisen.ch.
Moody's rates the outlook for Raiffeisen Switzerland as «stable»
Moody's has just announced that it has upgrades the outlook for Raiffeisen Switzerland from «negative» to «stable». The rating agency also confirms the «Long-Term Deposit Rating» at «Aa3» and the «Senior Unsecured Debt Rating» at «A3».
Raiffeisen closes financial year successfully – strong customer confidence, high earnings
The 2019 financial year was a great success for the Raiffeisen Group. Despite a continuously challenging environment, the Group achieved a strong result. Group earnings increased by CHF 294 million to CHF 835 million, with Raiffeisen making particularly strong gains in client business. Client deposits increased by CHF 10.5 billion to CHF 176 billion (+6.3%).
