Fortune Global 500, founded in 1895, specializes in providing securities/investment/finance/electronic banking services, providing medium and long-term loans for small and medium-sized enterprises and construction companies
Germany is the birthplace of the world cooperative financial organization, as early as the 50s of the 19th century, Lei Fa Xun founded the rural credit cooperative, that is, the Lei Fa Xun cooperative bank; Soon after, Schultz founded the City Credit Union, which is still known today as the Public Cooperative Bank. In 1889 there was a cooperative legislation in Germany, and in 1895 the German Central Cooperative Bank was established and the German Cooperative Association was established. Over the past 100 years, the credit cooperative organization has spread to all parts of the world and has become a world-scale movement, and the German cooperative financial organization has formed a network of cooperative financial organizations throughout urban and rural areas and a sound cooperative financial management system.
Germany's largest cooperative bank, DG Bank AG, and GZ-Bank AG have agreed to merge for DM 24 billion ($10.5 billion). DG Bank will give smaller rival GZ-Bank equal control of the combined new bank. The merger of the two banks into a new bank will be known as DZ Bank, which will be jointly owned by both parties. The combined new bank will have more than $300 billion in assets. The new bank will employ 15,000 people and become the central clearing bank for around 1,500 regional banks in Germany.
The German Central Cooperative Bank is a multi-business bank in Germany that provides securities, investment, finance, e-banking and other services. In 2017, it ranked 324th in the Fortune Global 500 list.
Corporate Culture: DG Bank Group has a principle - "we". This principle is considered to be an important differentiator from other banks. This principle means that the German Central Cobobank should maintain a cooperative partnership with anyone in order to have a better future together.
Employee training: The German Central Rabobank offers a wide range of purposeful training for young employees. Including business training, investment training, service training and other content. The duration of the training is no more than two years.
Business & Products: The German Central Rabobank is a multi-business bank in Germany. Provide securities, investment, finance, e-banking and other services. It has branches in London, Hong Kong, Tokyo, New York and other world financial centers.
The cooperative bank originally consisted of three levels: the primary credit cooperative, the regional credit cooperative bank and the national German cooperative bank. The cooperative bank model can be traced back to the rural credit cooperative bank and the industrial and commercial cooperative bank in the mid-19th century. The focus of the cooperative bank's business activities is to promote the business activities of its members, and it mainly provides medium and long-term loans to small and medium-sized enterprises and construction companies. At the same time, it also absorbs savings deposits. Rabobank is a public legal entity and a universal bank.
