Raiffeisen Branch to Leave Austria?

People ♦ Published: April 11, 2014; 14:50 ♦ (Vindobona)

One of the provincial units of Raiffeisen Group, regional lender Raiffeisen Landesbank Oberösterreich (RLB OÖ), is considering relocating its headquarters to Germany.

Raiffeisen calls for a reduction of the bank levy. / Picture: © Raiffeisen Bank International AG / S. Klimpt

The announcement was made shortly after Erste Group publicly announced considering relocating its headquarters to the Czech Republic. According to general manager Heinrich Schaller, the relocation of the headquarters always had to be an option. “It would be economically negligent if I did not consider a relocation of our group headquarters an option,” Schaller told…