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Press releases

March 22, 2022

Cooperative banks generate significant growth in customer business in 2021 / Enhanced resilience in a challenging environment dominated by the war in Ukraine

The 772 German cooperative banks generated a solid profit before taxes in 2021 thanks to brisk customer business. This was achieved despite the many challenges that arose during the year. Higher volumes of loans and advances, deposits, and brokerage business resulted in a profit before taxes of €7.7 billion. The equity base was also further strengthened, building up even greater resilience to possible economic stresses and strains for the cooperative banks.

January 04, 2022

Working for one other and for tomorrow – 50 years of the BVR

The National Association of German Cooperative Banks (BVR) was established in Bonn on January 3, 1972. Today, the association is headquartered in Berlin, with additional offices in Bonn and Brussels. This year, the cooperative umbrella organization celebrates the 50th anniversary of its founding. We aim to mark this milestone throughout the year, sometimes loudly, sometimes quietly, often reflecting on the past. But always looking to the future. This site provides tremendous insights into the past, present, and future of the BVR.

October 27, 2021

Basel III proposal has strengths and weaknesses

Today, the European Commission has published a legislative proposal for the implementation of the Basel III regulatory framework for EU banks as revised by the Basel Committee. “We welcome the clear intention of the European Commission to take account of the particular circumstances of the European banking market,” says Gerhard Hofmann, Member of the Board of Managing Directors of the National Association of German Cooperative Banks (BVR). “However, I would like to have seen bolder ideas regarding exemptions for small banks in the EU – similar to those that countries such as Switzerland, the US, and the UK have already implemented. The European Commission has failed to seize an opportunity to propose greater proportionality.”


BVR - May 6, 2014, 12:00:00 PM

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