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DZ BankGermany
Created before Nov 2016
Last update: 2019-05-09 12:53:15
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DZ Bank head office in Frankfurt. Photo: dontworry via Wikimedia Commons (CC BY-SA 3.0)About DZ Bank
DZ Bank is the thirth largest bank in Germany by assets, and acts as the central banking institution for more than 900 cooperative banks. It is part of the Volksbanken Raiffeisenbanken co-operative network, one of Germany's largest private sector financial institutions. In this network DZ Bank functions as a central institution. The DZ Bank Group includes DVB Bank, a transportation finance bank; Bausparkasse Schwäbisch Hall, a building society; DG HYP, a provider of real estate finance; DZ PRIVATBANK Gruppe; R+V Versicherung, an insurance company; TeamBank, a provider of consumer finance; Union Investment Group, an asset management company; VR LEASING; and other institutions. In January 2013 DZ Bank signed up to the Equator Principles, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
| Website | http://www.dzbank.com/ |
| Headquarters |
Platz der Republik
60265 Frankfurt am Main Hessen
Germany
|
| CEO/chair |
Uwe Fröhlich and Cornelius Riese co-CEOs |
| Supervisor | |
| Annual report | Annual report 2018 |
| Ownership |
At the end of 2017, 94.4 percent of shares were held by local cooperative banks. |
Related Dodgy Deals
DZ Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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Voluntary initiatives
DZ Bank has committed itself to the following voluntary standards:Investment policies
DZ Bank's webpage on corporate social responsibility can be accessed here.
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Campaigns
DZ Bank and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. DZ Bank adopted the Equator Principles in 2013.
Reporting on the Equator Principles
DZ Bank must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- DZ Bank is in compliance with its reporting obligations. The 2016 report can be found here.
Dodgy Deals
DZ Bank is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Equator Principles
Implementation and reporting
DZ Bank is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
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