WThe private bank Bankhaus Löbbecke AG, headquartered in Berlin, was founded in 1761 as a trading house in Iserlohn, settled in Braunschweig as early as 1763 and finally belonged to the Hamburg private bank M. M. Warburg & Co. since the end of 2003, with which it was merged in 2016.
WThe National Association of German Cooperative Banks (BVR) is the umbrella association for the cooperative banking sector in Germany. As of 2015 it had 1,021 members, which represents all the cooperative banks in Germany, including local cooperative banks, PSD banks, Sparda banks, Church banks and Cooperative financial institutions. The cooperative banking sector in Germany has a balance sheet of 1,081 billion euros and employs around 191,000 members of staff.
WDAB BNP Paribas is a brand of the German branch of the French major bank BNP Paribas with business premises in Munich. The BNP Paribas brand for independent asset managers, fund brokers, investment advisers and institutional clients was founded on 18 January 1994 as the first discount broker in Germany, trading under Direkt Anlage- und Vermögensverwaltungs-GmbH, and started operations in May 1994 as Direkt Anlage Bank GmbH (DAB). As of 1 January 2016, the operating private customer business was transferred to the BNP Paribas S.A. branch Germany. On 12/13 November 2016, the DAB bank's online portal was shut down and all private customers transferred to Consorsbank.
WDZ Bank AG is the second largest bank in Germany by asset size and the central institution for around 800 cooperative banks and their around 8,500 branch offices. Within the Volksbanken Raiffeisenbanken Cooperative financial network, which is one of Germany's largest private sector financial service organizations, DZ Bank functions both as a central institution and as a corporate and investment bank.
WGLS Bank is a German ethical bank that was founded in 1974 as an anthroposophical initiative by Wilhelm Ernst Barkhoff and Gisela Reuther. It was the first bank in Germany that operated with an ethical philosophy. According to GLS Bank, its focus is on cultural, social and ecological initiatives, initiated by people, and not anonymous interests seeking capital or maximum profit. The name stands for Gemeinschaftsbank für Leihen und Schenken which translates as Community bank for loaning and giving.
WPax-Bank eG is a German bank that focuses on Christian finance headquartered in Cologne. The bank states that is a German: Bank für Kirche und Caritas, a cooperative Catholic universal bank. Its members consist of institutions of the Catholic Church and private individuals from the clerical field. The bank was founded as self-help organization by and for priests in 1917 in Cologne.
WThe PSD Bankengruppe is a German cooperative banking group consisting of 14 autonomous and independent financial institutions. The business model of the PSD banks is a combination of regional direct and affiliated bank. It provides retail banking services via internet, telephone, e-mail, mail and fax or at local branches, it only provides services to retail clients and does not offer banking to self-employed and businesses.
WThere are several European banks that operate under the name "Volksbank".
WThe Volksbank Bielefeld-Gütersloh eG is a regional cooperative bank based in the East Westphalian district town of Gütersloh. With a balance sheet total of € 4.44 billion, it is the third-largest Volksbank in North Rhine-Westphalia and, with 108,600 members, the largest association of individuals in the Ostwestfalen-Lippe region. The bank emerged from the merger of the Volksbank Gütersloh with the smaller Bielefelder Volksbank on May 22, 2014.
WVolksbanken und Raiffeisenbanken is a brand of cooperative banks in Germany. "Volksbank" derives from People's Bank institutes and "Raiffeisenbank" refers to banks founded on initiatives by Friedrich Wilhelm Raiffeisen. Many cooperative banks in Germany have either "Volksbank" or "Raiffeisenbank" in their name – the nationwide services and associations in the cooperative branch of the German financing industry used the compound of the plurals of these words.