LIGA Bank eG is a cooperative bank founded in 1917 by 34 Catholic priests. LIGA Bank eG uses customer deposits for the benefit of the ecclesial community. Above all, LIGA Bank eG finances social-charitable measures such as facilities for the disabled, old people's homes, kindergartens, schools or hospitals. LIGA Bank eG thus supports its clients' goals of preserving and strengthening Christian values.
Becoming a client of LIGA Bank eG can be done in a few steps:
Due to regulatory requirements LIGA Bank eG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual LIGA Bank eG will ask him/her to provide the following documents: passport; proof of address. For corporate clients LIGA Bank eG will ask to provide corporate documentation as well as information about controlling persons. LIGA Bank eG may request additional documentation or information depending on the case. LIGA Bank eG performs client's identity verification via branch visit.
In 2019 total assets of LIGA Bank eG were 5 945,64 mln EUR. LIGA Bank eG is the 20th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.61% amongst the banks of this category.
LIGA Bank eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
LIGA Bank 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. LIGA Bank eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.
LIGA Bank eG is located in Regensburg.