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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.
That the bank survived this difficult time at all was also the result of the work of the chairman of the board, Wilhelm Keller, who ran the bank from 1913 to 1936. With interruption during the world economic crisis, the 20s and 30s were also times of strong growth. In 1930 the balance sheet totaled 10.1 million Mark, in 1942 it was 16.24 ...
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.
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; Credit Suisse; Goldman Sachs, Frankfurt; ICICI Bank, Eschborn; İşbank AG, Frankfurt [2] JP Morgan, Frankfurt; Julius Baer, Frankfurt
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]
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 other 11 banks in the top 25 were Deutsche Bank, Dresdner Bank, Bank der Deutschen Arbeit, Commerzbank, the indirectly government-owned Deutsche Verkehrs-Kredit-Bank, cooperative Deutsche Rentenbank-Kreditanstalt, Bayerische Hypotheken- und Wechsel-Bank, Deutsche Centralbodenkredit AG, part-government-owned Deutsche Industriebank and ...
As of 2018, it is Germany's biggest state-backed landesbank lender. [1] LBBW is a full-service and commercial bank and central bank for savings banks in Baden-Württemberg, Rhineland-Palatinate and Saxony. The company focuses on industrial technologies, information technology, software, telecommunication, innovative services and life science.