Created by Anna Mileiko 
VR-Bank Erding eG is a cooperative bank owned by its members via shares.VR-Bank Erding 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).
In 2023, VR-Bank Erding eG achieved the position of 569th largest bank in Germany with a market share of 0.02%; its total assets dropped by 4.88%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in VR-Bank Erding eG.
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online banking
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In 2024 total assets of VR-Bank Erding eG were 2,351.25 mln EUR. VR-Bank Erding eG is the 137th largest cooperative bank in Germany, commanding a 0.21% share among cooperative banks.
VR-Bank Erding eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
VR-Bank Erding eG protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the BVR Institutssicherung GmbH, making regular contributions into it.
DZ Bank (Germany)VR-Bank Erding eG is a member of DZ Bank (Germany).
Zollnerstraße 4, 85435, Erding, Germany
1161VR-Bank Erding eG is located in Erding.
VisaMasterCardVR-Bank Erding eG provides products and services in the areas of retail banking, business banking, insurance. VR-Bank Erding eG offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans, trading accounts. VR-Bank Erding eG makes its solutions available to natural persons, small- and medium-sized enterprises, companies.
branch online banking mobile app phoneProducts and services offered by VR-Bank Erding eG are available at its branches and via its online banking system, mobile application, call center.
In 2024 total assets of VR-Bank Erding eG were 2,351.25 mln EUR. Growth compared to the previous period (2023) was 46.15%. The evolution of the total assets of VR-Bank Erding eG is shown at Chart 1 below.
Chart 1. Total Assets of VR-Bank Erding eG.
Recent changes in total assets of VR-Bank Erding eG and its main components are shown in Table 1.
| 2023 | 2024 | change (%) | |
|---|---|---|---|
| Loans to customers | 1,264.7 | 1,844.1 | +45.82% |
| Total Assets | 1,608.8 | 2,351.3 | +46.15% |
Table 1. Recent changes in total assets of VR-Bank Erding eG (mln EUR).
Recent changes in total liabilities of VR-Bank Erding eG and its main components are shown in Table 2.
| 2023 | 2024 | change (%) | |
|---|---|---|---|
| Deposits | 1,229.5 | 1,836.4 | +49.36% |
| Total Liabilities | 1,608.8 | 2,351.3 | +46.15% |
Table 2. Recent changes in total liabilities of VR-Bank Erding eG (mln EUR).
In 2024 VR-Bank Erding eG was ranked the 137th largest cooperative bank in Germanyin terms of total assets, having 0.21% of the category's market share.
Chart 2. Market share of VR-Bank Erding eG (among Cooperative Banks in Germany)
TheBanks.eu identified several banks cooperative banks having the market shares and ranks closest to VR-Bank Erding eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 136 | | 0.21% | 2,361.97 mln EUR (+1.24%) |
| 137 | | 0.21% | 2,351.25 mln EUR (+46.15%) |
| 138 | | 0.21% | 2,348.24 mln EUR (+0.29%) |
In 2023 VR-Bank Erding eG was ranked the 569th largest bank in Germanyin terms of total assets, having 0.02% of the domestic market share.
Chart 3. Market share of VR-Bank Erding eG (among banks in Germany)
Historical changes in VR-Bank Erding eG's domestic rank and market share over 2016-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 569 | 0.02 % |
| 2022 | 558 | 0.02 % |
| 2021 | 578 | 0.02 % |
| 2020 | 647 | 0.02 % |
| 2016 | 889 | 0.01 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to VR-Bank Erding eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 568 |  | 0.02% | 1,660.65 mln EUR (+2.60%) |
| 569 | | 0.02% | 2,351.25 mln EUR (+46.15%) |
| 570 |  | 0.02% | 1,601.85 mln EUR (-5.65%) |
VR-Bank Erding eG has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | AA- (very high credit quality) |
| Outlook | negative |
| On Watch | No |
| Short-Term Issuer Default Rating | F1+ (highest short-term credit quality) |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The negative on watch outlook signals that Fitch is closely observing the bank, with a potential downgrade likely under specific circumstances.
Discover key identifiers of VR-Bank Erding eG including its BIC, LEI, MFI ID.
BIC: GENODEF1ISE
The BIC (also known as SWIFT code) for VR-Bank Erding eG is GENODEF1ISE. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | GENODEF1ISE |
| Bank BIC Code | GENO |
| Country Code | DE (Germany) |
| Location Code | F1 |
| Branch Code | ISE |
LEI: 529900IAZ7K53LG7BT89
VR-Bank Erding eG’s LEI is 529900IAZ7K53LG7BT89. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 529900IAZ7K53LG7BT89 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | IAZ7K53LG7BT |
| Verification ID | 89 |
MFI ID: DE02136
VR-Bank Erding eG’s MFI ID, DE02136, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Germany (DE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | DE02136 |
| Country Code | DE |
| MFI Code | 02136 |
TheBanks.eu identified several banks similar to VR-Bank Erding eG based on various criteria, including:
