PRESS RELEASES 2010
In 2011 DZ BANK and WGZ BANK are to pool their entire private banking businesses as well as supplementary business segments such as Fund Services and Foreign Currency Lending in a new business unit.
Profit before tax reaches EUR 616 million / Further successes at the operating level in the Customer and Product divisions / Private Banking unit launched / Profit before tax of more than EUR 1 billion targeted
As of September VR Unternehmerberatung goes to market out of Düsseldorf and Frankfurt / Offering for around 30,000 medium-sized enterprises / Focus on the SME segment
DZ BANK took part successfully in the EU-wide bank stress test 2010. The result achieved assuming a stress scenario (including sovereign shock) showed a Tier-1 capital ratio of 8.7 percent as of the end of 2011.
After almost 11 years, Klaus Holschuh is ending his career at DZ BANK and will retire on 30 June 2010. His successor will be Stefan Bielmeier (43). He will take over the management of Research and Economics.
Good operating performance within the DZ BANK Group and at DZ BANK AG / Successful cooperation with the cooperative banks / Tier-1 ratio reaches 9.9 percent / Partial reduction of BVR guarantee