VR Bank Westfalen-Lippe eG

Anna MileikoCreated by Anna Mileiko

VR Bank Westfalen-Lippe eG Logo

Address

Hafenplatz 2, 48155, Münster, Westf., Germany

BIC

PSWLDE31XXX

Overview

Business Focus

cooperative retail banking

VR Bank Westfalen-Lippe eG is a cooperative bank owned by its members via shares.VR Bank Westfalen-Lippe 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 2023, VR Bank Westfalen-Lippe eG achieved the position of 618th largest bank in Germany with a market share of 0.01%; its total assets dropped by 0.01%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in VR Bank Westfalen-Lippe 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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

VR Bank Westfalen-Lippe eG delivers 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 VR Bank Westfalen-Lippe eG
Market Share of VR Bank Westfalen-Lippe eG
Total Assets (2023)
1,125.39 mln EUR   (-0.01%)

VR Bank Westfalen-Lippe eG is the 618th largest bank in Germany in terms of total assets. In 2023 its total assets were 1 125,39 mln EUR, providing the bank with the market share of 0.01%. VR Bank Westfalen-Lippe eG is the 272nd largest cooperative bank in Germany (out of 695 cooperative banks) having market share of 0.10% 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

VR Bank Westfalen-Lippe 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

VR Bank Westfalen-Lippe 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. VR Bank Westfalen-Lippe eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

See Also

Member of Group

 DZ Bank (Germany)

VR Bank Westfalen-Lippe eG is a member of DZ Bank (Germany).

Contacts

addressHafenplatz 2, 48155, Münster, Westf., Germany
po box6380
websitehttps://www.psd-westfalen-lippe.de/

VR Bank Westfalen-Lippe eG is located in Münster, Westf..

Social Networks

VR Bank Westfalen-Lippe eG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
PSWLDE31XXX
LEI
529900RD5JHCTHFESN73
MFI ID
DE01793

Bank History

Previous Name
PSD Bank Westfalen-Lippe eG
Flag of Germany

Germany Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.