The Raiffeisen banks of Thunersee and Kiesental are progressing with their planned merger, which has garnered positive feedback from cooperative members and employees. The merger aims to enhance market potential and competitiveness while maintaining local services and employment. The new entity, proposed to be named "Raiffeisenbank Thunersee-Kiesental," will have total assets of approximately CHF 2.5 billion and over 27,000 members, with a final decision expected on March 31, 2025.
The Raiffeisen banks of Thunersee and Kiesental are set to merge, pending a two-thirds majority approval from their members on March 31, 2025. The new bank, based in Thun, will have total assets of CHF 2.5 billion and over 27,000 members, aiming to enhance regional economic strength and operational efficiency while retaining all existing branches and jobs.
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