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Tübach reopens drive-in ATM after explosive robbery incident last year
Tübach has reinstated its drive-in ATM after it was blown up by robbers on All Saints' Day 2024, causing around 100,000 francs in property damage. Fortunately, no injuries were reported, and the perpetrators fled without any loot. Despite a decline in cash transactions, Raiffeisenbank remains committed to providing cash access in local communities.
Raiffeisen banks adapt to low interest rates while expanding investment services
Raiffeisen banks in St.Gallen reported a decline in earnings for 2024 due to lower interest rates, despite creating over 50 new jobs and a flourishing stock market business. While net interest income fell, the banks' diversification into investment services led to a slight increase in net profit to CHF 50 million. The overall economic environment remains stable, with rising demand for residential property and job security supporting consumption, despite challenges in the industrial sector.
Raiffeisenbank invests in new bank and residential building in Goldach
Raiffeisenbank Region Rorschach is investing tens of millions in a new bank and residential building in Goldach, set to be completed by early 2027. The project will feature a modern advisory bank on the first floor and 26 rental apartments above, addressing changing customer and residential needs. During construction, a temporary bank will operate nearby, ensuring continued service for clients.
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