After 500,000 euros in emergency aid, Raiffeisen Bankengruppe NÖ-Wien is taking the next step to provide rapid support: all affected can take advantage of the natural disaster loan.
Lower Austria is still in a state of crisis;

“The need of the hour is to help quickly. As a first step, the Lower Austria-Vienna Group provided 500,000 euros in emergency aid to the victims, and in the next step, we are providing a practical solution to the victims of the storm with a natural disaster loan,” says Michael Höller, General Director of Raiffeisen Lower Austria-Vienna.

The Raiffeisen Natural Disaster Loan is primarily aimed at reducing financial constraints as a result of a flood disaster and can provide much-needed initial measures.

“This includes repairing damage to buildings, purchasing necessary equipment, purchasing operating resources, purchasing fodder and mitigating income loss. But we also have individual solutions for comprehensive and long-term investments tailored to individual cases,” says Hollerer.

Loans for customers are up to 50,000 euros and for a maximum period of three years. Contacts for Raiffeisen natural risk loans are local Raiffeisen banks in Lower Austria and branches in Vienna. “For Raiffeisen Vienna customers. “My Citibank” has a fixed interest rate of 1.5 percent per annum.

“The damage caused by the storm was immense. Our activities can alleviate the financial plight of the victims to some extent and contribute to a new beginning under the motto ‘We make it possible’,” concluded the Director General.