Living for the - Raiffeisen
Living for the - Raiffeisen
Living for the - Raiffeisen
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Corporate Customers:<br />
For six years, RLB NÖ-Wien has applied a successful model<br />
in providing its corporate customers with comprehensive<br />
advisory services called Mehr[Wert]Beratung or ‘Value Added<br />
Consulting’. This model successfully contributes to <strong>the</strong> strategic<br />
development of a large number of corporate clients in<br />
2011. The business community values our costumer advisors.<br />
This shows our stable demand <strong>for</strong> credit from RLB NÖ-Wien.<br />
As a result, RLB NÖ-Wien’s corporate loan portfolio grew by<br />
approximately 3 percent in 2011.<br />
Since 2000 RLB NÖ-Wien has been working consistently<br />
to support <strong>the</strong> development of renewable energy<br />
into a strategic business unit in <strong>the</strong> corporate client<br />
segment. RLB NÖ-Wien has financed a host of wind<br />
power and photovoltaic projects in both <strong>the</strong> Centrope<br />
region and Germany.<br />
Financial Markets:<br />
Customer confidence is maintained by RLB NÖ-Wien’s careful<br />
market research, focused on a key number of products,<br />
markets and customer and demand orientated sales activities.<br />
RLB NÖ-Wien sold approximately €1 billion of its own<br />
securities during 2011. The total of outstanding RLB NÖ-Wien<br />
bonds issued increased by 5.25 percent or €243 million to<br />
€4.9 billion. At <strong>the</strong> same time, savings deposit balances grew<br />
well above <strong>the</strong> market average, increasing by 13.5 percent or<br />
€306 million to €2.6 billion.<br />
Recently, RLB NÖ-Wien’s strength was reaffirmed by Moody’s,<br />
which confirmed its top A1 rating (long-term rating: A1; shortterm<br />
rating: P-1; financial strength rating: C-). This is <strong>the</strong> very<br />
best rating that any Austrian bank has currently, creating a<br />
solid basis <strong>for</strong> continued cooperation with RLB NÖ-Wien’s<br />
partner banks and correspondent banks in o<strong>the</strong>r countries.<br />
Risk Management and Organization:<br />
As a service provider, RLB NÖ-Wien strives to offer its customers<br />
<strong>the</strong> best possible products, services and advice. To achieve<br />
this, its risk management relies on active, stable and seamless<br />
processes. Thanks to our business model as a ‘universal<br />
bank’ with a high level of commitment to <strong>the</strong> customer, RLB<br />
NÖ-Wien is well prepared to meet <strong>the</strong> challenges of <strong>the</strong> future<br />
and <strong>the</strong> regulations that will be introduced by Basel III.<br />
The European Banking Association (EBA) will require systemic<br />
banks to have a minimum 9 percent core Tier 1 capital<br />
ratio by <strong>the</strong> middle of 2012. Although it is not an EBA-requirement,<br />
RLB NÖ-Wien already had a Tier 1 ratio of 9.4 percent<br />
at <strong>the</strong> end of 2011.