Frankenberger Bank, Raiffeisenbank eG

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Frankenberger Bank, Raiffeisenbank eG Logo

Address

Jahnstraße 9, 35066, Frankenberg, Eder, Germany

BIC

GENODEF1FBK

Overview

Business Focus

cooperative retail banking

Frankenberger Bank, Raiffeisenbank eG is a cooperative bank owned by its members via shares.Frankenberger Bank, Raiffeisenbank eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).

Performance

In 2022, Frankenberger Bank, Raiffeisenbank eG achieved the position of 888th largest bank in Germany with a market share of 0.01%; its total assets grew by 4.18%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Frankenberger Bank, Raiffeisenbank eG.

Services

retail banking
business banking
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
consumer loans
car loans
mortgage loans
trading accounts

Card Providers

VisaMasterCard

See Also

Ways to Bank

Frankenberger Bank, Raiffeisenbank eG delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app
phone phone

Financials

Total Assets of Frankenberger Bank, Raiffeisenbank eG
Market Share of Frankenberger Bank, Raiffeisenbank eG
Total Assets (2022)
507.35 mln EUR   (+4.18%)

Frankenberger Bank, Raiffeisenbank eG was the 888th largest bank in Germany in terms of total assets. In 2022 its total assets were 507,35 mln EUR, providing the bank with the market share of 0.01%. Frankenberger Bank, Raiffeisenbank eG was the 433rd largest cooperative bank in Germany (out of 735 cooperative banks) having market share of 0.05% amongst the banks of this category.

Credit Ratings

Fitch: AA-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Frankenberger Bank, Raiffeisenbank eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Guarantee Fund
BVR Institutssicherung GmbH
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

Frankenberger Bank, Raiffeisenbank eG participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Frankenberger Bank, Raiffeisenbank eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

See Also

Member of Group

 DZ Bank (Germany)

Frankenberger Bank, Raiffeisenbank eG is a member of DZ Bank (Germany).

Contacts

addressJahnstraße 9, 35066, Frankenberg, Eder, Germany

Frankenberger Bank, Raiffeisenbank eG was located in Frankenberg, Eder.

Bank Identifiers

BIC (SWIFT)
GENODEF1FBK
LEI
529900YYUQ23KIEZ0M67
MFI ID
DE05006

Bank History

Close Date
October 2023
Flag of Germany

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