With a balance sheet total of approx. 25.4 bn EUR as of FY 2016 (IFRS), Raiffeisenlandesbank Niederoesterreich-Wien AG (RLB NW) ranges among the top 6 Austrian commerical banks. RLB NW was founded in 1898 and is headquartered in Vienna.
As the largest shareholder of Raiffeisen Bank International (22.6 %) and the central institution for 60 Raiffeisen cooperative banks in the Region of Lower Austria, RLB NW is not only a very important member of the Austrian Raiffeisen Banking Group but was named as systemically important institution by ECB.
A major player in Vienna and Lower Austria
RLB NW's home territory are the economically active and most densely populated Austrian provinces of Vienna and Lower Austria. About 40% the country's population live in Vienna and Lower Austria and almost 40% of all Austria's small and medium sized enterprises are based in this region. Especially in Lower Austria, together with its 60 shareholding Raiffeisen cooperative banks, RLB NW enjoys a unique market share.
Universal bank active in Retail, SME and Corporate Banking as well as Treasury and International
As a modern universal bank, RLB NW offers full commercial banking services in - amongst others - retail and private banking, commercial and corporate banking, project finance, treasury and international activities (documentary business, trade and export finance). RLB NW's main strengths comprise the combination of innovative financial know-how, proximity to customers and its approach as a high quality advisory bank.
- In retail banking, RLB NW offers high quality financial services to its customers in Vienna via 41 outlets and sustains a successful private banking arm.
- In commercial and corporate banking RLB offers a wealth of banking products including classic loans, deposits, payments and cash management solutions as well as project finance and state-of-the art treasury.
- In international banking, RLB offers solutions and support to its clients not only via its experts in Vienna but also via the Raiffeisen Network Banks and Leasing Companies in 14 Central and Eastern European markets as well as correspondent banks worldwide.