VR-Bank eG (Schopfheim)

Anna Mileiko Created by Anna Mileiko

VR-Bank eG Logo

Address

Bahnhofstraße 2, 79650, Schopfheim, Germany

BIC

GENODE61SPF

Overview

Business Focus

cooperative retail banking

VR-Bank eG (Schopfheim) is a cooperative bank owned by its members via shares.VR-Bank eG (Schopfheim) 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 2020, VR-Bank eG (Schopfheim) achieved the position of 866th largest bank in Germany with a market share of 0.01%; its total assets grew by 18.83%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in VR-Bank eG (Schopfheim).

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

Ways to Bank

VR-Bank eG (Schopfheim) delivered 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 eG (Schopfheim)
Market Share of VR-Bank eG (Schopfheim)
Total Assets (2020)
664.24 mln EUR   (+18.83%)

VR-Bank eG (Schopfheim) ranked as the 866th largest bank in Germany by total assets. In 2020 its total assets were 664.24 mln EUR, representing a 0.01% market share. It was also the 381st largest cooperative bank in Germany, commanding a 0.07% share among cooperative banks.

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 eG (Schopfheim) 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 Accounts
all deposit accounts
Eligible Depositors
individuals
companies

VR-Bank eG (Schopfheim) 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.

See Also

Member of Group

 DZ Bank (Germany)

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

Contacts

addressBahnhofstraße 2, 79650, Schopfheim, Germany
po box12 23

VR-Bank eG (Schopfheim) was located in Schopfheim.

Bank Identifiers

BIC (SWIFT)
GENODE61SPF
LEI
529900JM7M22MJ6D9R58
MFI ID
DE01261

Bank History

Close Date
September 2021
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.