Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) is a cooperative bank owned by its members via shares.Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) 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, Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) achieved the position of 288th largest bank in Germany with a market share of 0.04%; its total assets grew by 13.77%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück).
Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) ranks as the 288th largest bank in Germany by total assets. In 2023 its total assets were 3,205.52 mln EUR, representing a 0.04% market share. It is also the 92nd largest cooperative bank in Germany, commanding a 0.29% share among cooperative banks.
Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) 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.
Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) is a member of DZ Bank (Germany).
Vereinigte Volksbank Raiffeisenbank eG (Simmern, Hunsrück) is located in Simmern, Hunsrück.