AlpenBank AlpenBank Aktiengesellschaft is a private bank in western Austria and northern Italy , headquartered in Innsbruck . In 2018 , customer funds under management amounted to approximately €2.0 billion . Since its launch, AlpenBank has been on a constant growth path with its private banking business model . AlpenBank operates from three locations in Innsbruck, Salzburg and Bolzano . Its clients are primarily wealthy private clients from western Austria, northern Italy and southern Germany .History AlpenBank was founded in 1983 to promote business relations between North and South Tyrol. In 2000, the EU branch was established in Bolzano, Italy . The Salzburg branch was opened in 2011.Structure The main shareholders of AlpenBank are Raiffeisen-Landesbank Tirol AG and Raiffeisen Landesbank Südtirol AG, and Raiffeisen Zentralbank AG holds 0.0012% of the shares.The core business of the AlpenBank is traditional private banking without conflicts of interest through issuing transactions or investment banking . The bank describes itself as a specialist in asset management and securities investments . The AlpenBank is not a universal bank , does not maintain any traditional current accounts and is only active in the Lombard lending business . In addition, the AlpenBank publishes regularly on current topics and is present with lectures and events on financial topics.
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