DZ Bank

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DZ Bank Tower in Frankfurt

An acronym for Deutsche Zentralgenossenschaftbank or German Central Co-operative Bank, DZ Bank AG is a commercial bank and, together with WGZ-Bank, the central administration for approximately 1,400 co-operative banks or credit unions covering more than three quarters of all Volksbank and Raiffeisenbank (co-operative banks) in Germany and Austria, who also co-own the AG. The co-operative banks in Germany are represented by Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR).

DZ Bank is based in the financial district of Frankfurt and the sixth largest bank in Germany by asset size.[1] It maintains branches, subsidiaries and representative offices in key financial centers and economic regions worldwide.

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