Raiffeisen-Volksbank Kronach-Ludwigsstadt eG is a cooperative bank owned by its members via shares.Raiffeisen-Volksbank Kronach-Ludwigsstadt 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 2016, Raiffeisen-Volksbank Kronach-Ludwigsstadt eG achieved the position of 1000th largest bank in Germany with a market share of 0.01%; its total assets dropped by 2.21%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Raiffeisen-Volksbank Kronach-Ludwigsstadt eG.
Raiffeisen-Volksbank Kronach-Ludwigsstadt eG ranked as the 1000th largest bank in Germany by total assets. In 2016 its total assets were 423.56 mln EUR, representing a 0.01% market share. It was also the 474th largest cooperative bank in Germany, commanding a 0.05% share among cooperative banks.
Raiffeisen-Volksbank Kronach-Ludwigsstadt eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
Raiffeisen-Volksbank Kronach-Ludwigsstadt 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.
Raiffeisen-Volksbank Kronach-Ludwigsstadt eG is a member of DZ Bank (Germany).
Raiffeisen-Volksbank Kronach-Ludwigsstadt eG was located in Kronach.