Tag: Cooperative banks
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
The EU Commission’s reform proposals are met with resistance
Germany’s financial metropolis Frankfurt The German banks and savings banks see massive interventions in their security systems in the EU reform plans. (Photo: E+/Getty Images) Frankfurt, Brussels According to the…
Apobank boss Matthias Schellenberg agrees to job cuts
Matthew Schellenberg The head of Apobank is trying to further reduce the costs of the money house. The cost-income ratio is comparatively high at almost 76 percent. (Photo: Apobank) Frankfurt…
Volksbanken and Raiffeisenbanken have to write off almost six billion
Maria Kolak According to the BVR President, the high write-downs of the Volksbanks are only temporary (Photo: Uta Wagner for Handelsblatt) Frankfurt The abrupt turnaround in interest rates is weighing…
Volksbanken and Raiffeisenbanken have to write off almost six billion
Maria Kolak According to the BVR President, the high write-downs of the Volksbanks are only temporary (Photo: Uta Wagner for Handelsblatt) Frankfurt The abrupt turnaround in interest rates is weighing…
Pre-tax profit at 1.8 billion euros
Headquarters of DZ Bank in Frankfurt’s Westend Tower For the current year, the DZ Bank Group expects a result of 1.5 to 2 billion euros. (Photo: dpa) Frankfurt The cooperative…
Banks feel the slump in the real estate market
Frankfurt The slump in the residential real estate market is leaving its mark on the balance sheets of banks and savings banks. The bottom line is that the portfolio of…
How a small Raiffeisen bank rebels
Head office of the Raiffeisenbank Hochtaunus The management does a few things there differently than other cooperative banks. (Photo: PR) Frankfurt Raiffeisenbank Hochtaunus likes to step out of line. Last…
Financial investor EQT gives up plans to join Schufa
Schufa headquarters in Wiesbaden EQT has tried so far to build a minority stake of 20 to 25 percent. The Swedes are now abandoning these plans. (Photo: picture alliance /…
Evaluation of customer data: cooperative banks wrestle with data protectionists
Frankfurt In view of more online banking and fewer branch visits, the cooperative banks jump on the trend towards data-driven customer contact and set up their own data company. According…
Several cooperative banks join forces
People’s Bank The number of Volksbanks with total assets of ten billion euros and more is growing – thanks to further mergers. (Photo: dpa) Frankfurt Another particularly large merger is…
Several cooperative banks join forces
People’s Bank The number of Volksbanks with total assets of ten billion euros and more is growing – thanks to further mergers. (Photo: dpa) Frankfurt Another particularly large merger is…
Smallest Raiffeisen bank in Struvenhütten: The mini bank disappears
Raiffeisen Bank Struvenhuetten The smallest cooperative bank merges with a larger neighboring institute. One member of the board is retiring, the position remained vacant. (Photo: Raiffeisenbank) Frankfurt For a long…
Smallest Raiffeisen bank in Struvenhütten: The mini bank disappears
Raiffeisen Bank Struvenhuetten The smallest cooperative bank merges with a larger neighboring institute. One member of the board is retiring, the position remained vacant. (Photo: Raiffeisenbank) Frankfurt For a long…
BVR expects profits to fall for cooperative banks
Logo of the Volksbank Cologne Bonn The Federal Association of German Volksbanken and Raiffeisenbanken (BVR) commented on the annual financial statements on Tuesday. (Photo: imago images/Manngold) Frankfurt Germany’s cooperative banks…
DZ Bank: Former German banker becomes the new head of the capital market
Souad Benkredda The 45-year-old will be the new head of capital markets at DZ Bank. It starts on September 1st at the central institute of the cooperative banks. (Photo: DZ…
Souad Benkredda will be the new head of capital markets at DZ Bank
Souad Benkredda The 45-year-old will be the new head of capital markets at DZ Bank. It starts on September 1st at the central institute of the cooperative banks. (Photo: DZ…
EPI payment project on the verge of collapse: even savings banks have doubts
People’s Bank and Savings Bank There is contention in the struggle to set up a European payment system, EPI. Savings banks go to the cooperative banks. (Photo: picture-alliance / ZB)…
Matthias Schellenberg will start as the new boss in March
Matthew Schellenberg From March on, the ex-Merck Finck board member will take over the cooperative bank. (Photo: Apobank) Frankfurt The Apotheker- und Ärztebank (Apobank) has found a new boss. Matthias…