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Bank with 4,000 customers was able to grow in the previous year

Raiffeisenbank Eberschwang grew last year. The balance sheet total at the turn of the year was 103 million euros, which corresponds to an increase of 5.6 percent, according to the bank. The amount of the deposits rose in the previous year by 6.2 percent, that of the loans by 10.8 percent. Almost 4,000 customers use Raiffeisenbank Eberschwang with eleven employees to manage capital totaling EUR 200 million.

Equity was increased to 12.5 million in the previous year. One of the great strengths of the regional bank under Director Johann Baumkirchner is that decisions are made quickly and locally. Philipp Illinger was appointed managing director in July of the previous year.

Because of the corona situation, the general assembly was held in writing for the first time in the bank’s 91-year history.

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