Press releases

July 15, 2026

Excellent competitive position: Cooperative Financial Network generates profit of €11.6 billion in 2025

The Volksbanken Raiffeisenbanken Cooperative Financial Network fared well in 2025 amid ongoing weak growth in Germany. Profit before taxes came to €11.6 billion. “Our banks have managed their business well and they are there for their customers in these challenging times. That is paying off in the form of millions of long-standing customer relationships with individuals and businesses, and further growth in customer business”, said Marija Kolak, President of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR) [National Association of German Cooperative Banks], when the consolidated financial statements were presented, adding that the result highlights the Cooperative Financial Network’s competitiveness. Kolak also made reference to increasing economic headwinds and a marked rise in competitive pressure in the German banking market. “This is why we are channeling our efforts into becoming fit for a future that is built around the needs of our customers.”
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March 26, 2026

Completion of the CMDI reform: German Banking Industry Committee calls for practical implementation and transitional periods

Following approximately three years of negotiations, the European Parliament and Council have completed their reform of the European crisis management and deposit insurance (CMDI) framework. The formal sign-off means that member states will now start implementing it at national level. The Deutsche Kreditwirtschaft (DK) [German Banking Industry Committee] regards the outcome of the reform as a balanced political compromise overall and believes that the specific details of how it is to be put into practice will be crucial.
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March 10, 2026

Cooperative banks generate a profit of €9.5 billion in 2025

The 646 local cooperative banks, Sparda banks, PSD banks, and other cooperative banks in Germany proactively expanded their lending business in 2025. They also achieved solid growth in the competition for deposits. The preliminary results show that they increased their profit before taxes from around €8.7 billion to around €9.5 billion, a rise of 10.1 percent, while their equity grew by 3.7 percent to €69 billion. As had been the case in 2024, the cooperative banks’ loss allowances at around €2.2 billion were at a cautious level that reflected the economic situation.
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BVR - 06.05.2014, 12:00:00
URL: https://www.bvr.de/Presse/Alle_Meldungen