GLS Gemeinschaftsbank eG

Business Focus
sustainable retail banking

GLS Gemeinschaftsbank eG (GLS Bank) was founded in 1974 to become the world's first social-ecological bank. GLS Bank finances nutrition, renewable energies, education and culture, housing, social affairs and health as well as the sustainable economy.

Bank Category

Cooperative banks

Services

retail 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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of GLS Gemeinschaftsbank eG can be done in a few steps:

1.
Submit online application

Ways to Bank

GLS Gemeinschaftsbank eG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Financials

Total Assets of GLS Gemeinschaftsbank  eG
Market Share of GLS Gemeinschaftsbank  eG
Total Assets (2019)
6,756.86 mln EUR  (+17.77%)

In 2019 total assets of GLS Gemeinschaftsbank eG were 6 756,86 mln EUR. GLS Gemeinschaftsbank eG is the 15th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.70% 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

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

Deposit Guarantee

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

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

Contacts

Christstraße 9, 44789, Bochum, Germany
10 08 29

GLS Gemeinschaftsbank eG is located in Bochum.

Social Networks

GLS Gemeinschaftsbank eG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
GENODEM1GLS
LEI
52990026HQOTT4AJP655
MFI ID
DE03973

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See Also

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