DZ BANK Group is part of the German co-operative financial network, which is one of Germany’s largest private-sector financial services organisations and comprises more than 1,100 local cooperative banks (Volksbanken and Raiffeisenbanken). The group employs more than 28,000, while the network has more than 190,000 staff members.

Within the co-operative financial network, DZ BANK AG (the governing entity of DZ BANK Group) functions both as a central institution for more than 900 German cooperative banks and their 12,000 branch offices and as a corporate bank. DZ BANK AG is therefore closely geared to the interests of the Volksbanken and Raiffeisenbanken banks, which are both its owners and its most important customers. Using a customised product portfolio and customer-focused marketing, DZ BANK AG aims to ensure that the Volksbanken and Raiffeisenbanken continually improve their competitiveness on the basis of strong brands and a leading market position. In addition, DZ BANK AG performs the function of a central institution for the co-operative banks and is responsible for liquidity management within the co-operative financial network.

With more than 17.3 million members and 30 million customers with a 25% market share, Volksbanken and Raiffeisenbanken are the main pillar of the German banking industry and a major force in the German economy. Volksbanken and Raiffeisenbanken are independent enterprises that are deeply rooted in regional economic life. Their business strengths lie in a thorough knowledge of the market and personal contact with the people in the region.


Corporate Strategy

The DZ BANK Group includes Bausparkasse Schwäbisch Hall, DG HYP (building society), DZ PRIVATBANK (commercial real estate finance), R+V Versicherung (insurance company), TeamBank (consumer finance), Union Investment Group  (asset management), VR LEASING and various other specialised institutions. The companies of the DZ BANK Group are key providers of the range of financial products and services offered by the co-operative financial network. The DZ BANK Group sets out its strategy and range of services for the co-operative banks and their customers through its four strategic business lines – retail banking, corporate banking, capital markets and transaction banking. This combination of banking, insurance, home savings, and personal investment products and services has a long and successful tradition in the co-operative financial network.

The focus on the Volksbanken and Raiffeisenbanken is vital given the need to manage scarce resources and meet new regulatory requirements. By focusing more closely on the co-operative financial network, DZ BANK Group’s aim is to fully exploit the potential of its core activities, particularly with regard to private customers and SMEs.

These core activities are supplemented by complementary activities using existing products, platforms and services for which DZ BANK acts as a corporate bank vis-à-vis third parties. These activities are not in direct competition with those of the Volksbanken and Raiffeisenbanken.


External Assessment

DZ BANK AG’s long-term ratings at Standard & Poor's Ratings Services (S&P), Moody’s Investors Service Inc. (Moody’s) and Fitch Ratings Ltd. (Fitch) are ‘AA-‘, ‘A1’ and ‘A+’ respectively. Moreover, the highly respected sustainability ratings agency, oekom research AG, awarded the DZ BANK Group prime status in 2011, a status given by oekom research to companies with an above-average environmental and social commitment.



Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main
Platz der Republik
60265 Frankfurt am Main

Tel: +49 (0)69 744 701