Created by Anna Mileiko 
Volksbank Raiffeisenbank Niederschlesien eG is a cooperative bank owned by its members via shares.Volksbank Raiffeisenbank Niederschlesien 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, Volksbank Raiffeisenbank Niederschlesien eG achieved the position of 856th largest bank in Germany with a market share of 0.01%; its total assets grew by 1.47%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank Raiffeisenbank Niederschlesien eG.
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In 2024 total assets of Volksbank Raiffeisenbank Niederschlesien eG were 564.96 mln EUR. Volksbank Raiffeisenbank Niederschlesien eG is the 396th largest cooperative bank in Germany, commanding a 0.05% share among cooperative banks.
Volksbank Raiffeisenbank Niederschlesien eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
Volksbank Raiffeisenbank Niederschlesien 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.
DZ Bank (Germany)Volksbank Raiffeisenbank Niederschlesien eG is a member of DZ Bank (Germany).
Elisabethstraße 42/43, 02826, Görlitz, Neiße, Germany
30 05 31Volksbank Raiffeisenbank Niederschlesien eG is located in Görlitz, Neiße.
VisaMasterCardVolksbank Raiffeisenbank Niederschlesien eG provides products and services in the areas of retail banking, business banking, insurance. Volksbank Raiffeisenbank Niederschlesien eG offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, pension plans, consumer loans, car loans, mortgage loans, trading accounts. Volksbank Raiffeisenbank Niederschlesien eG makes its solutions available to natural persons, small- and medium-sized enterprises, companies.
branch online banking mobile app phoneProducts and services offered by Volksbank Raiffeisenbank Niederschlesien eG are available at its branches and via its online banking system, mobile application, call center.
In 2024 total assets of Volksbank Raiffeisenbank Niederschlesien eG were 564.96 mln EUR. Growth compared to the previous period (2023) was 0.90%. The evolution of the total assets of Volksbank Raiffeisenbank Niederschlesien eG is shown at Chart 1 below.
Chart 1. Total Assets of Volksbank Raiffeisenbank Niederschlesien eG.
Recent changes in total assets of Volksbank Raiffeisenbank Niederschlesien eG and its main components are shown in Table 1.
| 2023 | 2024 | change (%) | |
|---|---|---|---|
| Loans to customers | 284.3 | 315.1 | +10.84% |
| Total Assets | 559.9 | 565.0 | +0.90% |
Table 1. Recent changes in total assets of Volksbank Raiffeisenbank Niederschlesien eG (mln EUR).
Recent changes in total liabilities of Volksbank Raiffeisenbank Niederschlesien eG and its main components are shown in Table 2.
| 2023 | 2024 | change (%) | |
|---|---|---|---|
| Deposits | 435.8 | 471.0 | +8.09% |
| Total Liabilities | 559.9 | 565.0 | +0.90% |
Table 2. Recent changes in total liabilities of Volksbank Raiffeisenbank Niederschlesien eG (mln EUR).
In 2024 Volksbank Raiffeisenbank Niederschlesien eG was ranked the 396th largest cooperative bank in Germanyin terms of total assets, having 0.05% of the category's market share.
Chart 2. Market share of Volksbank Raiffeisenbank Niederschlesien eG (among Cooperative Banks in Germany)
TheBanks.eu identified several banks cooperative banks having the market shares and ranks closest to Volksbank Raiffeisenbank Niederschlesien eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 395 | | 0.05% | 567.72 mln EUR (+2.79%) |
| 396 | | 0.05% | 564.96 mln EUR (+0.90%) |
| 397 | | 0.05% | 558.37 mln EUR (+0.35%) |
In 2023 Volksbank Raiffeisenbank Niederschlesien eG was ranked the 856th largest bank in Germanyin terms of total assets, having 0.01% of the domestic market share.
Chart 3. Market share of Volksbank Raiffeisenbank Niederschlesien eG (among banks in Germany)
Historical changes in Volksbank Raiffeisenbank Niederschlesien eG's domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 856 | 0.01 % |
| 2022 | 873 | 0.01 % |
| 2021 | 912 | 0.01 % |
| 2020 | 935 | 0.01 % |
| 2019 | 969 | 0.01 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Volksbank Raiffeisenbank Niederschlesien eG listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 855 | | 0.01% | 615.16 mln EUR (+9.03%) |
| 856 | | 0.01% | 564.96 mln EUR (+0.90%) |
| 857 | | 0.01% | 942.75 mln EUR (+69.35%) |
Volksbank Raiffeisenbank Niederschlesien eG has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | AA- (very high credit quality) |
| Outlook | negative |
| On Watch | No |
| Short-Term Issuer Default Rating | F1+ (highest short-term credit quality) |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The negative on watch outlook signals that Fitch is closely observing the bank, with a potential downgrade likely under specific circumstances.
Discover key identifiers of Volksbank Raiffeisenbank Niederschlesien eG including its BIC, LEI, MFI ID.
BIC: GENODEF1GR1
The BIC (also known as SWIFT code) for Volksbank Raiffeisenbank Niederschlesien eG is GENODEF1GR1. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | GENODEF1GR1 |
| Bank BIC Code | GENO |
| Country Code | DE (Germany) |
| Location Code | F1 |
| Branch Code | GR1 |
LEI: 529900G2Z6BW1S0JJS60
Volksbank Raiffeisenbank Niederschlesien eG’s LEI is 529900G2Z6BW1S0JJS60. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 529900G2Z6BW1S0JJS60 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | G2Z6BW1S0JJS |
| Verification ID | 60 |
MFI ID: DE06634
Volksbank Raiffeisenbank Niederschlesien eG’s MFI ID, DE06634, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Germany (DE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | DE06634 |
| Country Code | DE |
| MFI Code | 06634 |
TheBanks.eu identified several banks similar to Volksbank Raiffeisenbank Niederschlesien eG based on various criteria, including:
