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cooperatives fostering community strength and sustainable regional development

Cooperatives, exemplified by the Raiffeisen model, foster community by prioritizing collective well-being and local decision-making. They enhance regional development through tailored solutions, social responsibility initiatives, and democratic participation, ensuring sustainable success for their members and communities.

Raiffeisen reports second best profit despite decline in 2024 earnings

Raiffeisen reported a net income of 1.2 billion francs in 2024, marking a 13% decline but still the second-best result in its history. Mortgage loans increased by 4.6% to 221 billion francs, while customer deposits rose to 215 billion francs. The bank, with 218 cooperative banks and 774 branches, remains optimistic about solid performance in 2025 despite a challenging market environment.

cooperatives gain prominence as global movement celebrates international year of cooperatives

The United Nations has designated 2025 as the International Year of Cooperatives, highlighting their role in building a better world. Raiffeisen, founded by Friedrich Wilhelm Raiffeisen in the 19th century, leads Austria's cooperative movement, which now includes around 1,400 cooperatives and two million members. The growing appeal of cooperatives, especially in energy, reflects a desire for trust and regional responsibility amid globalization.

Raiffeisen celebrates 125 years with community support competition in Vaud

Raiffeisen, Switzerland's second-largest bank, celebrates its 125th anniversary by launching a competition in Vaud, offering CHF 125,000 in prizes to support community initiatives. Three winners will be selected from associations or non-profits focused on social, humanitarian, cultural, or environmental causes. Additionally, 130 Raiffeisen employees will participate in a day of voluntary work to further contribute to local efforts.

Raiffeisen banks celebrate 125 years with local project funding initiative

To celebrate the 125th anniversary of Raiffeisen banks in Switzerland, the twelve Vaud entities have launched a call for projects, offering CHF 125,000 in financial support to three selected initiatives that enhance local value. Non-profit organizations in the canton of Vaud can submit their projects by March 16, with a jury evaluating based on social commitment and sustainability. The awards ceremony is set for June 21 at Château de Vullierens.

Flammersfeld celebrates 175 years of cooperative heritage with festive event

A festive event in Flammersfeld celebrated the 175th anniversary of the "Flammersfelder Hülfsverein," founded by Friedrich Wilhelm Raiffeisen in 1849. Keynote speaker Dr. Ralf Kölbach emphasized the enduring relevance of the cooperative model, highlighting its role in fostering community and economic growth. The event featured performances, discussions, and acknowledgments of contributions from local leaders and organizations.
09:12 02.12.2024
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