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The German Cooperative Financial Group (German: Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, sometimes referred to in English as "Volksbanken Raiffeisenbanken Cooperative Financial Network") is a major cooperative banking network in Germany that includes local banks named Volksbanken ("people's banks") and Raiffeisenbanken ("Raiffeisen banks"), the latter in tribute to 19th ...
This is a list of co-operative banks in Germany according to the information provided by the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) umbrella organisation. By late 2008, there were 1,197 co-operative banks in Germany with total assets of €668 billion. German co-operative banks are members of regional organisations.
The Cooperative Financial Group's institutional protection scheme is Germany's oldest deposit guarantee scheme for banks and is run by the BVR. The BVR informs its member banks on economic and political developments and publishes the “Bank-Information” newsletter. European affairs are dealt with by a representation in Brussels.
Cooperative banks of Germany (25 P) I. ... The Co-operative Bank; The Co-operative Banking Group; E. European Association of Co-operative Banks; J. JAK Members Bank; N.
Bank of Communications, Frankfurt; Bank Sepah, Frankfurt; Citibank Privatkunden, Düsseldorf (since December 2008 part of French Crédit Mutuel bank); Citigroup Global Markets Deutschland (Corporate Bank), Frankfurt
The others are the Bank für Kirche und Caritas eG in Paderborn, the DKM Darlehnskasse Münster and the Pax-Bank in Cologne. As of 2016, BIB was 21st on the list of the largest cooperative banks in Germany by assets. [3] The Bank im Bistum Essen eG (BIB) has capital of around 6.5 billion euros and employs almost 180 associates.
Shareholders are the cooperative central bank DZ Bank (96.8 percent) in Frankfurt am Main and around 600 cooperative banks. The building society has its headquarters in the city of Schwäbisch Hall in Baden-Württemberg. [6] It is part of the German Cooperative Financial Group which has around 11,000 branches and approximately 3,400 employees. [6]
Pages in category "Cooperative banks of Germany" The following 25 pages are in this category, out of 25 total. This list may not reflect recent changes. *