DZ BANK

DZ Bank AG is the second largest bank in Germany by asset size and the central institution for around 700 cooperative banks and their around 7,200 branch offices. Within that Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, which is one of Germany's largest private sector financial service organizations and manages assets of around 1.175 trillion euros, DZ Bank functions both as a central institution and as a corporate and investment bank.