DZ BANK Group is part of the cooperative financial services network which includes more than 800 local cooperative banks and, as measured by total assets, is one of the largest private financial services organizations in Germany. Due to the high cohesion within the cooperative financial services network Fitch Ratings and Standard & Poor's assign a so-called group rating. Within the group rating, the cooperative financial institutions in Germany are considered consolidated.
|Standard & Poor's||Moody's||Fitch Ratings|
|Short-Term Rating||A-1 *||P-1||F1+ *|
* joint rating for the Cooperative Financial Services Network (Genossenschaftliche FinanzGruppe)
|Standard & Poor's ||Moody's ||Fitch Ratings |
DZ BANK BRIEFE
|LT Counterparty Risk Rating / Derivative Counterparty Rating||-||Aa1||AA|
|Preferred Senior Unsecured||A+||Aa1||AA|
|Non-Preferred Senior Unsecured||A||A2||AA-|
BVR Institutssicherung GmbH and Protection Scheme of the Cooperative Financial Services Network
The Bank is a member of the BVR Institutssicherung GmbH and the Protection Scheme of the National Association of German Cooperative Banks (Sicherungseinrichtung des Bundesverbandes der Deutschen Volksbanken und Raiffeisenbanken e.V.- BVR).
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