VerbundVolksbank OWL eG is a cooperative bank owned by its members via shares.VerbundVolksbank OWL 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, VerbundVolksbank OWL eG achieved the position of 80th largest bank in Germany with a market share of 0.12%; its total assets grew by 1.62%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in VerbundVolksbank OWL eG.
VerbundVolksbank OWL eG ranks as the 80th largest bank in Germany by total assets. In 2023 its total assets were 10,397.99 mln EUR, representing a 0.12% market share. It is also the 14th largest cooperative bank in Germany, commanding a 0.95% share among cooperative banks.
VerbundVolksbank OWL eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
VerbundVolksbank OWL 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.
VerbundVolksbank OWL eG is a member of DZ Bank (Germany).
VerbundVolksbank OWL eG is located in Paderborn.