Volksbank eG (Köthen (Anhalt))

Anna Mileiko Created by Anna Mileiko

Volksbank eG Logo

Address

Friedrich-Ebert-Straße 45, 06366, Köthen (Anhalt), Germany

BIC

GENODEF1KOE

Overview

Business Focus

cooperative retail banking

Volksbank eG (Köthen (Anhalt)) is a cooperative bank owned by its members via shares.Volksbank eG (Köthen (Anhalt)) 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, Volksbank eG (Köthen (Anhalt)) achieved the position of 1003rd largest bank in Germany with a market share of 0.00%; its total assets dropped by 3.33%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank eG (Köthen (Anhalt)).

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

Volksbank eG (Köthen (Anhalt)) 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 Volksbank eG (Köthen (Anhalt))
Market Share of Volksbank eG (Köthen (Anhalt))
Total Assets (2023)
172.61 mln EUR   (-3.33%)

Volksbank eG (Köthen (Anhalt)) ranks as the 1003rd largest bank in Germany by total assets. In 2023 its total assets were 172.61 mln EUR, representing a 0.00% market share. It is also the 621st largest cooperative bank in Germany, commanding a 0.02% 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

Volksbank eG (Köthen (Anhalt)) 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

Volksbank eG (Köthen (Anhalt)) 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)

Volksbank eG (Köthen (Anhalt)) is a member of DZ Bank (Germany).

Contacts

addressFriedrich-Ebert-Straße 45, 06366, Köthen (Anhalt), Germany
po box11 59

Volksbank eG (Köthen (Anhalt)) is located in Köthen (Anhalt).

Bank Identifiers

BIC (SWIFT)
GENODEF1KOE
LEI
529900SK4HV2VVV38K80
MFI ID
DE06448
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