Raiffeisenlandesbank Burgenland und Revisionsverband eGen products, services and reviews

About Raiffeisenlandesbank Burgenland und Revisionsverband eGen

Raiffeisenlandesbank Burgenland und Revisionsverband eGen is the regional central institution of the Raiffeisen Banking Group in Burgenland and the statutory audit association for its affiliated cooperatives, headquartered in Eisenstadt, Austria. Organized as a cooperative (eGen), it provides liquidity and refinancing to local Raiffeisenbanken, manages payments clearing and treasury, and offers risk, compliance, IT, and product support across the network. The bank conducts business directly with corporate, public-sector, and institutional clients and selected private banking customers, covering lending, cash management, trade-related services, real estate financing, and payment solutions, while broad retail banking is primarily delivered by the independent local Raiffeisen banks. Digital access is provided via the group’s online and mobile banking infrastructure and supports SEPA payments, with onboarding and due diligence carried out under Austrian regulatory requirements. The institution operates under the Austrian Banking Act and is supervised by the Financial Market Authority and the Oesterreichische Nationalbank; it forms part of the Raiffeisen institutional protection scheme recognized under EU rules and participates in Austria’s statutory deposit guarantee system, with coverage limits as defined by law. Governance follows the cooperative model with a management board and supervisory board, and the integrated Revisionsverband performs the legally mandated audits of member cooperatives. Product scope, pricing, and eligibility can differ between services provided directly by the Landesbank and those distributed through local Raiffeisenbanken, and account opening is generally aimed at clients with ties to Austria or the region and subject to full KYC and AML checks.