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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.
From 2011 WGZ Bank and DZ Bank merged their private banking businesses based in Luxembourg to further strengthen their operations in Germany. [3] In 2016, WGZ Bank was merged into DZ Bank, the central institute of co-operative banks in all other parts of Germany. [4]
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 ...
In 2010, the bank acquired over 18,000 new customers and in February 2011 GLS announced a growth of 37%, the largest in the bank's history. [7] As of December 2016 the Genossenschaft (co-operative) has 46,313 members, [8] compared to December 2015 with 41,982 members [8] this is a growth of 10.3%.
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.
The European Association of Co-operative Banks (EACB) [1] is a European interest group representing cooperative banks in the European Union (EU) and five non-European countries. Established in 1970, the non-profit association "represents, promotes and defends" [ 2 ] the common interests of its 27 member institutions and 2.500 cooperative banks ...
Central Co-Operative Bank: ICBL First Islami and largest Co-operative Bank in Bangladesh based on Islami Sariyah. Signed: Registration No. 57/c, Dated: 3 August 1922. Head office: Zakir Hossain Road, Khulshi, Chittagong-4209, Bangladesh. Crelan: Belgium: 288,000 [19] Bank: formerly Landbouwkrediet (agricultural) Independent from Crédit ...
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