DZ Bank
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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 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 is one of the largest banks in Germany with domestic and worldwide operations. It maintains branches, subsidiaries and representative offices in key financial centers and most key economic regions, worldwide.
