Volksbank Kraichgau EG

Overview

Category

Cooperative banks

Business Focus

cooperative retail banking

Volksbank Kraichgau eG is a cooperative bank owned by its members via shares. Volksbank Kraichgau provides retail banking products and services, with a focus on supporting the local economy and meeting customer needs, particularly small and medium-sized enterprises (SMEs). The bank serves the local area around Wiesloch. In 2024, it ranked 19th among 670 German cooperative banks.

Performance

In 2023, Volksbank Kraichgau eG achieved the position of 100th largest bank in Germany with a market share of 0.11%; its total assets grew by 56.95%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Volksbank Kraichgau eG.

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

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International Transfers

SWIFT Transfers SEPA Credit Transfers SEPA Instant Transfers SEPA Direct Debits SEPA Direct Debits B2B

This institution is ready for Verification of Payee (VoP) operations.

See Also

• SEPA Payments Explained
• Verification of Payee (VoP) Explained

Ways to Bank

Volksbank Kraichgau eG delivers its products and services through both direct and indirect channels, namely: branch online banking mobile app phone

Financials

Total Assets (2024)

10,351.63 mln EUR (+4.73%)

In 2024 total assets of Volksbank Kraichgau eG were 10,351.63 mln EUR. Volksbank Kraichgau eG is the 19th largest cooperative bank in Germany, commanding a 0.94% share among cooperative banks.

Credit Ratings

Fitch: AA-

CCC, CC, C, RD, D CCC-D B+, B, B- B BB+, BB, BB- BB BBB+, BBB, BBB- BBB A+, A, A- A AA+, AA, AA- AA AAA AAA

Moody's: -

Caa1, Caa2, Caa3, Ca Ca[a] B1, B2, B3 B1 Ba1, Ba2, Ba3 Ba1 Baa1, Baa2, Baa3, Baa4 Baa A1, A2, A3 A Aa1, Aa2, Aa3 Aa Aaa Aaa

Volksbank Kraichgau eG is rated by Fitch, which assigned it a long-term rating of AA- (very high credit quality). Moody's has not rated the bank.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

BVR Institutssicherung GmbH

Covered Accounts

all deposit accounts

Eligible Depositors

individuals companies

Volksbank Kraichgau 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.

See Also

• Deposit Guarantee in Germany

Member of Group

DZ Bank (Germany)

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

Contacts

Hauptstraße 139, 69168, Wiesloch, Germany16 80

Volksbank Kraichgau eG is located in Wiesloch.

Bank Identifiers

BIC (SWIFT)

GENODE61WIE

LEI

529900P8BY9HZTZ82T70

MFI ID

DE01301

Bank History

Previous Name

Volksbank Kraichgau Wiesloch-Sinsheim eG