Annual Report 2007

BeteiligungsgesmbH, had total assets as at 31 December 2007 of EUR 4.4 billion
and 1,858 employees; it looks after 28,182 corporate and 186,088 private customers.
Its main strategic focus, besides looking after Western corporate customers and
financing real estate transactions, will be on building up local retail business, including
via the Internet and mobile phones, and business with SMEs. The second Ober Österreich.Haus
is due to be opened in the Old Town in Prague in the autumn of 2008.
International Finance
Austria has profited more from the opening of European borders and the multifarious
opportunities offered by internationalisation than virtually any other country. Exports
exceeded imports for the first time in 2007.
It is important to be able to provide comprehensive assistance to companies, not
only locally but, for their successful projects, around the globe. Raiffeisenlandesbank
Oberösterreich gives them this scope: the local Raiffeisen banks and the global network
of efficient partner and correspondent banks represent stable anchors for
successful projects. Its close co-operation with strong and established commercial
banks in all parts of the world enable Raiffeisenlandesbank Oberösterreich to keep
the level of its service enormously high but its costs extremely low.
With its International Finance division, Raiffeisenlandesbank Oberösterreich offers
its customers comprehensive advice and covers the whole range of products for
international business:
■ Documentary business (import/export letters of credit, guarantees)
■ Export finance (export fund procedures, Kontrollbank funding pool)
■ Financing working capital locally via partner banks with guarantees provided by
Raiffeisenlandesbank Oberösterreich; project finance when hedging risks, processing
documentary transactions, and optimal financing of export transactions
This makes Raiffeisenlandesbank Oberösterreich the most important partner for the
international business of companies in Upper Austria; it expects more high growth
in 2008 in Eastern Europe but also in China and India. Seven out of ten exporters in
Upper Austria rely on assistance from Raiffeisenlandesbank Oberösterreich for the
success of their international projects, making it the most important bank for exports
in Upper Austria. Austria’s most powerful regional bank looks after and assists more
than 4,850 exporters throughout the country.
Over the last three years Raiffeisenlandesbank Oberösterreich’s business volume in
export services has risen massively: it recorded average annual growth in its documentary
business of 38.4 percent and as much as 50 percent in export letters of credit.
Annual Report 07
Raiffeisenlandesbank
Oberösterreich is the
most important bank
for exports in Upper
Austria.
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Segment Reporting