PROFILE OF THE DZ BANK GROUP

Partners in the Volksbanken Raiffeisenbanken cooperative financial network

The DZ BANK Group forms part of the German cooperative financial network, which includes around 850 Volksbanken Raiffeisenbanken and is one of Germany’s largest private-sector financial services organizations measured in terms of total assets. Within the cooperative financial network, DZ BANK AG functions as the central institution and is responsible for supporting the business of the cooperative banks in their regions and strengthening their competitiveness. It also operates as a corporate bank and acts as the holding company for the DZ BANK Group.

The Group Coordination Committee is the highest-level management and coordination committee in the DZ BANK Group. The objectives of this committee are to boost the competitiveness of the DZ BANK Group and to manage the coordination of fundamental product and sales issues. The committee ensures coordination between the key entities in the DZ BANK Group to achieve consistent management of opportunities and risks, allocate capital, deal with strategic issues, and leverage synergies. The members of the Group coordination committee comprise the Board of Managing Directors of DZ BANK, the General Executive Manager of DZ BANK, and the chief executive officers of Bausparkasse Schwäbisch Hall, DZ HYP, DZ PRIVATBANK, R+V Versicherung, TeamBank, Union Investment, and VR Smart Finanz.

Strong brands – strong partners: Selected brands of the DZ BANK Group

The DZ BANK Group includes Bausparkasse Schwäbisch Hall, DZ HYP, DZ PRIVATBANK, R+V Versicherung, TeamBank, the Union Investment Group, the VR Smart Finanz, and various other specialized institutions. With their strong brands, the entities in the DZ BANK Group constitute key pillars in the range of financial products and services offered by the cooperative financial network. The DZ BANK Group delivers its strategy and range of services for the cooperative banks and their customers through its four 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 cooperative financial network. The specialized institutions in the DZ BANK Group provide highly competitive products at reasonable prices within their specific areas of expertise. This ensures that the cooperative banks in Germany are able to offer their clients a comprehensive range of outstanding financial services.