Volksbank eG Braunschweig Wolfsburg

Business Focus
cooperative retail banking

Volksbank eG Braunschweig Wolfsburg is a cooperative bank owned by its members via shares. Volksbank eG Braunschweig Wolfsburg provides retail banking products and services to its customers focusing on customer requirements and development of local economy, paying special attention to small and medium-sized enterprises (SMEs).

Bank Category

Cooperative banks

Products and Services

Services
retail 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

Ways to Bank

branch
online banking
mobile app
phone

Financials

Total Assets (2018)
3,759.14 mln EUR  (+8.00%)

In 2018 total assets of Volksbank eG Braunschweig Wolfsburg were 3 759,14 mln EUR. Volksbank eG Braunschweig Wolfsburg is the 39th largest cooperative bank in Germany (out of 873 cooperative banks) having market share of 0.41% amongst the banks of this category.

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 Braunschweig Wolfsburg 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 Depositors
individuals
companies
Covered Accounts
all deposit accounts

Volksbank eG Braunschweig Wolfsburg participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Volksbank eG Braunschweig Wolfsburg is a member of BVR Institutssicherung GmbH and makes its contributions into it.

Member of Group

 DZ Bank (Germany)

Volksbank eG Braunschweig Wolfsburg is a member of DZ Bank (Germany).

Contacts

Am Mühlengraben 1, 38440, Wolfsburg, Germany

Volksbank eG Braunschweig Wolfsburg is located in Wolfsburg.

Bank Identifiers

BIC (SWIFT)
GENODEF1WOB
LEI
529900GLZAP8J2E97K54
MFI ID
DE01578