Since 2001 Raiffeisenlandesbank Oberösterreich Aktiengesellschaft has been rated on a yearly basis by the English/American rating agency Moody’s Financial Institute Group. In its latest report Moody’s has upgraded the rating of Austria’s strongest regional bank from A1 to Aa3.

New rating underscores successful strategic focus

Moody’s very favourably viewed the results of Raiffeisenlandesbank Oberösterreich as well as its position and development.

“This rating affirms the successful strategic focus put in the best interest of our customers”, stresses Ludwig Scharinger, Chairman of Raiffeisenlandesbank OÖ. “Moreover, the recently assigned Aa3-rating proves the stability, risk-bearing capacity and the formative capabilities of Raiffeisenlandesbank OÖ. Customers of Raiffeisenlandesbank OÖ particularly benefit from this rating upgrade in the day-to-day business relations with cooperation and correspondent banks all over the world.”

For more information please contact:

Harald Wetzelsberger
Public Relations
Postfach 455, Europaplatz 1a, A-4021 Linz
Tel.: +43 (0)732 / 6596 - 2009
E-Mail: wetzelsberger@rlbooe.at

Michael Huber
Public Relations
Postfach 455, Europaplatz 1a, A-4021 Linz
Tel.: +43 (0)732 / 6596 - 2010
E-Mail: m.huber@rlbooe.at