Berliner Volksbank eG

Berliner Volksbank eG is a cooperative bank owned by its members via shares. Berliner Volksbank eG provides retail banking products and services to its customers focusing on customer requirements and development of local economy, paying special attention to small and medium-sized enterprises (SMEs).

Bank Category

Cooperative banks

Financials

Total Assets (2017)
13 550.67 mln EUR  (+8.36%)

In 2017 total assets of Berliner Volksbank eG were 13 550,67 mln EUR. Berliner Volksbank eG is the 2nd largest cooperative bank in Germany (out of 913 cooperative banks) having market share of 1.54% amongst the banks of this category.

Berliner Volksbank eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Berliner Volksbank eG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 DZ Bank (Germany)

Berliner Volksbank eG is a member of DZ Bank (Germany).

Contacts

Wittestraße 30 R, 13509, Berlin, Germany

Berliner Volksbank eG is located in Berlin.

Bank Identifiers

BIC (SWIFT)
BEVODEBBBBK
MFI ID
DE01400

Financial Positions

Total Assets (2017)
13 550.67 mln EUR  (+8.36%)

In 2017 total assets of Berliner Volksbank eG were 13 550.67 mln EUR. Growth compared to the previous period (2016) was 8.36%. The evolution of the total assets of Berliner Volksbank eG is shown at Chart 1 below.

Total Assets of Berliner Volksbank eG.

Chart 1. Total Assets of Berliner Volksbank eG.

Recent changes in total assets of Berliner Volksbank eG and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 8 379.7 9 231.7 +10.17%
Total Assets 12 505.4 13 550.7 +8.36%
Table 1. Recent changes in total assets of Berliner Volksbank eG (mln EUR).

Recent changes in total liabilities of Berliner Volksbank eG and its main components are shown in Table 2.

2016 2017 % change
Deposits 10 641.6 11 505.8 +8.12%
Total Liabilities 12 505.4 13 550.7 +8.36%
Table 2. Recent changes in total liabilities of Berliner Volksbank eG (mln EUR).

Market Share and Rank (among Cooperative banks in Germany)

Total Assets (2017)
2nd (market share 1.54%)

In 2017 Berliner Volksbank eG was ranked the 2nd largest cooperative bank in Germany in terms of total assets, having 1.54% of the category's market share.

Market share of Berliner Volksbank eG (among Cooperative Banks in Germany)

Chart 2. Market share of Berliner Volksbank eG (among Cooperative Banks in Germany)

Several cooperative banks having the market shares and ranks closest to Berliner Volksbank eG are shown below.

RankNameTotal AssetsMarket Share
1DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG41570.93 mln EUR4.72%
2Berliner Volksbank eG13550.67 mln EUR1.54%
3Sparda-Bank Baden-Württemberg eG13528.97 mln EUR1.54%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
65th (market share 0.18%)

In 2016 Berliner Volksbank eG was ranked the 65th largest bank in Germany in terms of total assets, having 0.18% of the domestic market share.

Market share of Berliner Volksbank eG (among banks in Germany)

Chart 3. Market share of Berliner Volksbank eG (among banks in Germany)

Several banks having the market shares and ranks closest to Berliner Volksbank eG are shown below.

RankNameTotal AssetsMarket Share
64Landesbank Saar13289.77 mln EUR0.19%
65Berliner Volksbank eG12505.44 mln EUR0.18%
66Mittelbrandenburgische Sparkasse in Potsdam12348.06 mln EUR0.17%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Berliner Volksbank eG is rated by Fitch.

Credit ratings assigned to Berliner Volksbank eG as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Berliner Volksbank eG it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Berliner Volksbank eG is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for Berliner Volksbank eG is not set support rating is not assigned; support rating floor is not set.

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Berliner Volksbank eG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Berliner Volksbank eG and its components are shown in the table below.

BIC  BEVODEBBBBK
Bank BIC Code  BEVO
Country Code  DE (Germany)
Location Code  BB
Branch Code  BBK

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Berliner Volksbank eG is shown in the table below.

MFI ID  DE01400