20
Governance und Compliance
RBI places great value on responsible and transparent business management to strengthen and maintain the
understanding and trust of its stakeholders. This is a prerequisite for the performance of our banking group. The
traditional Raiffeisen values provide the basis for this (see page 11) as does the Code of Conduct (CoC) which
is applied across the group. Generating added value for the long term is our primary strategic objective.
Corporate Governance
Corporate governance (CG) refers to the framework of rules and practices for managing and monitoring a
company and is determined by legislators and owners – in short, the principles of leading a company. The
specific structure is the responsibility of the Management Board and the Supervisory Board.
Management and inspection within a company that is aware of responsibility, is qualified, transparent and
focused on the long-term increase in value are the goals of good corporate governance. Trust-based, efficient
co-operation between the various company bodies, protection of shareholder interests as well as open and
transparent communication are central guidelines for us in the implementation of modern corporate governance.
As a publicly listed company, RBI AG is committed to the principles of good and responsible company management
as laid out in the Austrian Corporate Governance Codex (in the version of January 2015) and has pledged to
comply with these principles. The compliance evaluation of the Corporate Governance Report according to
§ 243c of the Austrian Commercial Code (UGB) was carried out by KPMG Austria GmbH Wirtschaftsprüfungs-
und Steuerberatungsgesellschaft for RBI AG. In their conclusive report, they noted no cause for objections. (The
report is available to the public at www.rbinternational.com/Investor Relations/Corporate Governance/
External Evaluation of the CG-Code.) For more information on the composition of the Management Board and
the Supervisory Board, including its committees, please refer to the annual report of RBI.
Openness and transparency in communication with shareholders and interested members of the public is of great
importance to RBI AG. Extensive information on the following is available on the internet and is regularly updated:
Annual reports and interim reports, company presentations, telephone conferences via webcasts, ad-hoc
communications, press releases, investor relations releases, share price information and data on shares, information
for foreign investors, the financial calendar with a large time lead for important dates, information on security
transactions by the Management Board and the Supervisory Board (directors’ dealings), the articles of association
of RBI AG, the Corporate Governance Report, estimates of analysts, an ordering service for written information
as well as a sign-up option for automatic delivery of the “Investor Relations News” by email.
Code of Conduct
Our Code of Conduct forms the basis for our practices, dictating, among other
points, the avoidance of fraud, corruption, bribery, market abuses, money
laundering and financing of terrorism as well as the avoidance of any conflicts
of interest, upholding financial sanctions and securities regulations as well as
compliance with data protection standards and other sensitive issues (see
“Compliance” starting on page 22). As a main component of our corporate
responsibility, it consciously goes beyond formal and legally ordained conduct and
describes how we deal with customers, business partners and employees. It ensures
compliance with international standards, which are based on moral concepts,
customer focus, professionalism, quality, mutual respect, initiative, teamwork and
integrity.
Raiffeisen Bank International
Group Code of Conduct
January 2018
The business model of RBI places people at its core. The Code of Conduct is a binding regulatory framework
which is applicable group-wide for all employees and can be found in the respective national language on all of
the websites of RBI and the network banks. In addition, all persons acting for or providing services on behalf of
Raiffeisen Bank International | Sustainability Report 2018