GLADBACHER BANK AG von 1922

GLADBACHER BANK AG von 1922 is a cooperative bank owned by its members via shares. GLADBACHER BANK AG von 1922 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)
756.93 mln EUR  (+0.93%)

In 2017 total assets of GLADBACHER BANK AG von 1922 were 756,93 mln EUR. GLADBACHER BANK AG von 1922 is the 323rd largest cooperative bank in Germany (out of 913 cooperative banks) having market share of 0.09% amongst the banks of this category.

GLADBACHER BANK AG von 1922 is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

GLADBACHER BANK AG von 1922 participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Bismarckstr. 50 - 52, 41061, Mönchengladbach, Germany
100659

GLADBACHER BANK AG von 1922 is located in Mönchengladbach.

Bank Identifiers

BIC (SWIFT)
GENODED1GBY
MFI ID
DE00096

Financial Positions

Total Assets (2017)
756.93 mln EUR  (+0.93%)

In 2017 total assets of GLADBACHER BANK AG von 1922 were 756.93 mln EUR. Growth compared to the previous period (2016) was 0.93%. The evolution of the total assets of GLADBACHER BANK AG von 1922 is shown at Chart 1 below.

Total Assets of GLADBACHER BANK AG von 1922.

Chart 1. Total Assets of GLADBACHER BANK AG von 1922.

Recent changes in total assets of GLADBACHER BANK AG von 1922 and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 368.6 381.0 +3.36%
Total Assets 750.0 756.9 +0.93%
Table 1. Recent changes in total assets of GLADBACHER BANK AG von 1922 (mln EUR).

Recent changes in total liabilities of GLADBACHER BANK AG von 1922 and its main components are shown in Table 2.

2016 2017 % change
Deposits 540.8 551.0 +1.88%
Total Liabilities 750.0 756.9 +0.93%
Table 2. Recent changes in total liabilities of GLADBACHER BANK AG von 1922 (mln EUR).

Market Share and Rank (among Cooperative banks in Germany)

Total Assets (2017)
323rd (market share 0.09%)

In 2017 GLADBACHER BANK AG von 1922 was ranked the 323rd largest cooperative bank in Germany in terms of total assets, having 0.09% of the category's market share.

Market share of GLADBACHER BANK AG von 1922 (among Cooperative Banks in Germany)

Chart 2. Market share of GLADBACHER BANK AG von 1922 (among Cooperative Banks in Germany)

Several cooperative banks having the market shares and ranks closest to GLADBACHER BANK AG von 1922 are shown below.

RankNameTotal AssetsMarket Share
322 Raiffeisen-Volksbank Ebersberg eG758.21 mln EUR0.09%
323 GLADBACHER BANK AG von 1922756.93 mln EUR0.09%
324 Volksbank Koblenz Mittelrhein eG754.38 mln EUR0.09%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
766th (market share 0.01%)

In 2016 GLADBACHER BANK AG von 1922 was ranked the 766th largest bank in Germany in terms of total assets, having 0.01% of the domestic market share.

Market share of GLADBACHER BANK AG von 1922 (among banks in Germany)

Chart 3. Market share of GLADBACHER BANK AG von 1922 (among banks in Germany)

Several banks having the market shares and ranks closest to GLADBACHER BANK AG von 1922 are shown below.

RankNameTotal AssetsMarket Share
765 Volksbank Göttingen eG (closed)749.98 mln EUR0.01%
766 GLADBACHER BANK AG von 1922749.98 mln EUR0.01%
767 Volksbank Staufen eG749.18 mln EUR0.01%
 

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. GLADBACHER BANK AG von 1922 is rated by Fitch.

Credit ratings assigned to GLADBACHER BANK AG von 1922 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 GLADBACHER BANK AG von 1922 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 GLADBACHER BANK AG von 1922 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 GLADBACHER BANK AG von 1922 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 GLADBACHER BANK AG von 1922 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 GLADBACHER BANK AG von 1922 and its components are shown in the table below.

BIC  GENODED1GBY
Bank BIC Code  GENO
Country Code  DE (Germany)
Location Code  D1
Branch Code  GBY

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 GLADBACHER BANK AG von 1922 is shown in the table below.

MFI ID  DE00096