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DZ Bank

History

DZ Bank has over 100 years of history. The bank was formed on September 1st, 2001, following the merger between GZ-Bank and DG Bank, the two co-operative central banks. DZ Bank grew to become a central bank and a commercial bank operating in Germany and abroad. Today, DZ Bank is the fifth largest bank in Germany.

Mission

The mission of DZ Bank is to offer relevant products, exemplary services, and efficient processes - and thereby transform themselves over the next few years into a Europe-wide leading banking/insurance group.

Area of Operation

The businesses of DZ Bank are to offer products, services, and processes in the following sector:

Banks:
  • Central
  • Commercial
  • Savings

Key Statistics

  • DZ Bank holds assets of $473,748.3 million.
  • DZ Bank made profits of $523.1 million in 2006.
  • DZ Bank operates in Germany and other parts of Europe, America, and Asia. The operations of DZ Bank span the globe.
  • DZ Bank has 22,209 employees.

Organization

The organizational structure has been repositioned with DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, as the central bank, corporate bank and parent holding company for the DZ BANK Group. The organization is managed by the Board of Managing Directors.

International Ranking

  • DZ Bank ranks 167th in the Fortune Global 500.

Subsidiaries

DZ Bank has subsidiaries in Dublin. The bank maintains branches, subsidiaries and representative offices in the key financial centers and the most important economic regions throughout the world.

Headquarter Address:

Platz der Republik,
Frankfurt, 60265
Germany
Phone: 49-69-744701

Last updated on : 21-Feb-2012 12:07 pm