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 is the 80th largest bank in Germany in terms of total assets. In 2023 its total assets were 10 397,99 mln EUR, providing the bank with the market share of 0.12%. VerbundVolksbank OWL eG is the 14th largest cooperative bank in Germany (out of 695 cooperative banks) having market share of 0.95% amongst the banks of this category.
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 participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. VerbundVolksbank OWL eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.
VerbundVolksbank OWL eG is a member of DZ Bank (Germany).
VerbundVolksbank OWL eG is located in Paderborn.