VR-Bank Ostalb eG

Anna Mileiko Created by Anna Mileiko

VR-Bank Ostalb eG Logo

Address

Wilhelm-Zapf-Straße 2, 73430, Aalen, Württ, Germany

BIC

GENODES1AAV

Overview

Business Focus

cooperative retail banking

VR-Bank Ostalb eG is a cooperative bank owned by its members via shares.VR-Bank Ostalb 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 Ostalb eG achieved the position of 425th largest bank in Germany with a market share of 0.02%; its total assets dropped by 5.01%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in VR-Bank Ostalb 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 Ostalb 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 Ostalb eG
Market Share of VR-Bank Ostalb eG
Total Assets (2023)
2,102.83 mln EUR   (-5.01%)

VR-Bank Ostalb eG ranks as the 425th largest bank in Germany by total assets. In 2023 its total assets were 2,102.83 mln EUR, representing a 0.02% market share. It is also the 155th largest cooperative bank in Germany, commanding a 0.19% 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 Ostalb eG 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 Ostalb 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.

See Also

Member of Group

 DZ Bank (Germany)

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

Contacts

addressWilhelm-Zapf-Straße 2, 73430, Aalen, Württ, Germany
po box17 60

VR-Bank Ostalb eG is located in Aalen, Württ.

Bank Identifiers

BIC (SWIFT)
GENODES1AAV
LEI
5299009EELDZG8AZOX61
MFI ID
DE01137

Bank History

Previous Name
VR-Bank eG Volksbank Raiffeisenbank
Flag of Germany

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