The WGZ bank AG West German cooperative central bank (WGZ BANK) with seat in Duesseldorf is as Spitzeninstitut that approximately 240 people banks and Raiffeisen banks in the Rhine country as well as in Westphalia part of the genossenschaftlichen group of companies. It maintains addresses in Koblenz and
Apart from the tasks, which she notices due to her function as Spitzeninstitut, the WGZ offers directly or over one of their subsidiary companies firm customers and capital market partners further bank products and services to BANK. The WGZ group of banks reached a balance sheet total of approximately 74 billion euro in the year 2005. The member banks of the WGZ BANK exhibited an added balance sheet total of approximately 141 billion euro in the same period.
Beside the WGZ BANK there is still the DZ BANK, which functions for the loan banks outside of North Rhine-Westphalia as Dachinstitut. A fusion of the two institutes is discussed again and again.
The WGZ BANK is member of the Rheinisch cooperative federation (RWGV), from whatever the own members originate predominantly.
1997 took part the WGZ BANK in the establishment of the association active citizenry.
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