Raiffeisenbank München-Nord eG

Name

Raiffeisenbank München-Nord eG

Legal name

Raiffeisenbank München-Nord eG

Website

https://rb-muenchen-nord.de

Company type

Private

Founded year

1894

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Unterschleißheim

HQ country

Germany

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Interest Income: Core banking revenue from interest earned on the loan portfolio (EUR 427 million credit volume in 2025) and interest paid on customer deposits (EUR 785+ million in deposits). The bank also generates income from mortgage lending and consumer credit products.
2. Fee and Commission Income: Fees from account management (Girokonto), securities brokerage (stocks, bonds, funds, certificates), payment services, insurance intermediation, and electronic banking services (ePostfach, mobile banking). The bank serves as an independent insurance agent (ungebundener Versicherungsvertreter) for Allianz, R+V, SDK, and Versicherungskammer Bayern, earning commissions on insurance products sold.
3. Gewinnsparen (Prize-Linked Savings): Gewinnsparen (prize-linked savings lottery) is offered in partnership with VR Gewinnsparverein Bayern eV. Each 'Los' costs EUR 5, of which EUR 4 is saved and EUR 1 is used for lottery and charitable purposes. Generates fee income and customer engagement.
4. Real Estate Services: Immobilien M-Nord GmbH (wholly-owned subsidiary) generates revenue from real estate brokerage and property management services in the Munich-North region.
5. Insurance Services: Versicherungsservice M-Nord GmbH (wholly-owned subsidiary) acts as an insurance agent generating commissions from sale of insurance products to bank customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

Raiffeisenbank München-Nord eG is a cooperative bank providing retail and commercial banking services to private and corporate customers across northern Munich. It offers current accounts, savings products, mortgage and consumer financing, securities brokerage, retirement planning, and insurance intermediation, delivered through 11 physical branches, video consultation terminals, online banking, and mobile apps. The bank also operates two wholly-owned subsidiaries providing real estate services (Immobilien M-Nord GmbH) and insurance agency services (Versicherungsservice M-Nord GmbH).

Product overview

Raiffeisenbank München-Nord eG is a cooperative bank (Genossenschaftsbank) providing comprehensive retail and commercial banking services in northern Munich. The bank operates a multi-channel distribution model combining physical branch presence with digital services. Core banking products include current accounts (Girokonto), real estate financing (Baufinanzierung), securities trading (Wertpapiere), and retirement planning (Altersvorsorge). The digital banking ecosystem centers on eBanking (web platform) and eBanking Business (corporate platform), supplemented by the VR Banking App and VR SecureGo plus mobile applications. A distinctive service offering is the VideoService terminal network enabling face-to-face video consultations directly in branches. The bank maintains two subsidiaries: Immobilien M-Nord GmbH for real estate services and Versicherungsservice M-Nord GmbH for insurance products. Additional programs include VermögenPlus (wealth management), MeinPlus membership account package, the Primax-Club youth program, and the LoyBonus loyalty rewards program. The bank also offers electronic document delivery via ePostfach and mobile payment integration through Apple Pay and Wero.

Differentiator

Problem solved

Functional benefit

Brands

• VermögenPlus: Fondsvermögens-Verwaltung (fund asset management) for wealth management customers.
• MeinPlus für Mitglieder
• Primax-Club
• VideoService

Products and services

• Girokonto + Karte (Current Account)
• Baufinanzierung (Real Estate Financing)
• Wertpapiere (Securities Trading)
• Altersvorsorge (Retirement Planning)
• VermögenPlus (Fund Asset Management)
• MeinPlus für Mitglieder (Member Current Account)
• Versicherungsservice M-Nord GmbH (Insurance Services)
• Immobilien M-Nord GmbH (Real Estate Services)
• Primax-Club (Youth Program)
• Gewinnsparen (Prize-Linked Savings)
• VideoService (Video Consultation Terminals)
• EasyCredit Ratenkredit (Installment Loan)
• Firmenkredite (Business Loans)
• Gründung + Nachfolge (Business Founding & Succession Advisory)
• Tagesgeld (Call Money Account)
• Bausparen (Building Society Savings)
• KundenDienstleistungsCenter (Customer Service Center)
• eBanking (Online Banking)
• VR Banking App (Mobile Banking)

Quantifiable outcome

• Bilanzsumme of EUR 974 million in 2025 (up from EUR 893 million in 2023)
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Atruvia AGcoreTechnology or Integration · 14 June 2019Atruvia AG serves as the bank's technical service provider for the PSD2-compliant XS2A (Access to Account) interface, implemented based on the Berlin Group NextGen specification. The productive interface for third-party payment service providers has been available since June 14, 2019.
• Genossenschaftliche FinanzGruppe (Cooperative Financial Group)coreStrategic or Co-development PartnerRaiffeisenbank München-Nord eG is an integral member of the genossenschaftliche FinanzGruppe (BVR cooperative financial group), Germany's largest banking network. This affiliation provides access to shared products, services, technology infrastructure, deposit protection (BVR Institutssicherung GmbH), and the broader cooperative banking ecosystem including Bausparkasse, R+V Versicherung, DZ Bank, and other cooperative entities.
• Allianz (Insurance)coreChannel Partner/ Reseller/ DistributorThe bank acts as an independent insurance agent (ungebundener Versicherungsvertreter) for Allianz Sach-, Lebens- und Krankenversicherungen, offering these insurance products to its retail and corporate customers through its Versicherungsservice M-Nord GmbH subsidiary.
• R+V VersicherungsgruppecoreChannel Partner/ Reseller/ DistributorThe bank acts as an independent insurance agent for R+V Versicherungsgruppe Sach-, Lebens- und Krankenversicherungen. R+V also provides travel health insurance offered through the bank's online banking platform.
• SDK VersicherungsgruppeminorChannel Partner/ Reseller/ DistributorThe bank acts as an independent insurance agent for SDK Versicherungsgruppe (Lebens-, Unfall- und Krankenversicherungen) as part of its insurance product range.
• Versicherungskammer BayerncoreChannel Partner/ Reseller/ DistributorThe bank acts as an independent insurance agent for Versicherungskammer Bayern (Sach-, Lebens- und Krankenversicherungen), the largest public insurer in Germany, offering these products to its customer base.
• VR Gewinnsparverein Bayern e.V.coreGTM or Marketing PartnerThe bank offers Gewinnsparen (prize-linked savings) in partnership with VR Gewinnsparverein Bayern eV. Proceeds from the lottery fund regional sports clubs, kindergartens, fire brigades, churches, schools, and charitable organizations through the bank's community engagement programs.
• TeamBank AG (EasyCredit)minorChannel Partner/ Reseller/ DistributorThe bank offers EasyCredit installment loans (Ratenkredit) provided by TeamBank AG. Customer data entered in the online application is forwarded directly to TeamBank AG for processing.
• Genossenschaftsverband Bayern e.V.coreOthersGenossenschaftsverband Bayern e.V. (GV Bayern) is the bank's statutory auditing association (gesetzlicher Prüfungsverband). It conducts mandatory audits of the cooperative bank and provides professional support and guidance to its member cooperatives.

Scale indicators13 records

Recent moves10 records

Expansion highlights6 records

Emerging players

• N26 GmbH: Berlin-based German neobank offering mobile-first retail banking across Europe. Represents the digital-native competitive threat targeting the same younger retail customer pool in Munich's metropolitan area.
• ING-DiBa AG: Germany's largest direct bank with a strong mobile-first retail franchise. Competes primarily for younger retail customers and deposits that would otherwise anchor a regional cooperative bank's funding base.

Direct peers

• Stadtsparkasse München: Munich's public-law savings bank offering retail, SME, and wealth products across the city. Direct competitor in the same Munich geography with overlapping branch presence and a similar member/community orientation.
• Volksbank Raiffeisenbank Dachau eG: Neighboring Bavarian cooperative bank operating just northwest of Munich in the Dachau district. Comparable Genossenschaftsbank model, customer segments, and BVR-network product range, competing for similar retail and SME clients on the bank's doorstep.
• Münchner Bank eG: Headquartered cooperative bank (Genossenschaftsbank) in Munich serving retail and SME customers. Closest structural match — same cooperative model, same regulatory framework, and overlapping service territory.

Broad incumbents

• DZ Bank AG: Central institution of the German cooperative banking network (BVR). Provides wholesale banking, product infrastructure, and refinancing to the entire Genossenschaftliche FinanzGruppe that Raiffeisenbank München-Nord belongs to.
• Deutsche Bank AG: Germany's largest universal bank. Targets overlapping retail, wealth, and SME segments in Munich with both branch and digital channels, competing on product breadth rather than local community embeddedness.
• UniCredit Bank GmbH (Hypovereinsbank): Major German universal bank and one of the largest banks headquartered in Munich. Overlaps on retail, SME, and wealth services in the same region, with materially broader product breadth and balance-sheet scale.
• Commerzbank AG: German universal bank with a significant retail and SME presence. Competes for the same retail deposit, mortgage, and SME financing customers as Raiffeisenbank, but at national scale with a heavier digital push.

Regional players

• Kreissparkasse München Starnberg Ebersberg: Large savings bank serving Munich's surrounding counties with broad retail, corporate, and wealth services. Comparable branch-based distribution and local public-sector mandate, but a larger geographic footprint and product suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RaiffeisenbankMuenchennord
• Instagraminstagram.com/raiffeisenbank_muennchennord
• LinkedInlinkedin.com/company/raiffeisenbank-muenchen-nord

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raiffeisenbank München-Nord eG