DZ Bank AG

DZ Bank AG, originally known as Deutsche Zentral-Genossenschaftsbank, traces its roots back to the late 19th century. Over time, these cooperatives merged to form regional central cooperative banks, known as Landesbanken. In 2000, SGZ-Bank and GZB-Bank merged to form GZ-Bank, which resulted from the previous merger of central institutions in Southwestern Germany. The following year, GZ-Bank and DG BANK merged, giving rise to DZ BANK AG.

DZ BANK AG, headquartered in Frankfurt am Main, became Germany's sixth-largest bank at that time and operates under its current name, DZ BANK AG Deutsche Zentral-Genossenschaftsbank.

In 2022, the DZ BANK Group demonstrated a strong performance, achieving a noteworthy profit before taxes of €1.8 billion. The group's net interest income also displayed positive growth, reaching €3.32 billion compared to the figure of €2.79 billion in 2021. As of December 31, 2022, the DZ BANK Group's total assets stood at €627.0 billion. These results highlight the group's ability to generate robust financial outcomes and maintain a substantial asset base.

Today, DZ Bank AG serves as a central institution and service provider for the cooperative banks in Germany. It plays a crucial role in supporting the cooperative banking sector and promoting the cooperative principles of self-help, self-responsibility, and solidarity.

Founded: 2001

Headquarters: Frankfurt am Main, Germany

Website: https://www.dzbank.de/