Vereinigte Raiffeisenbank Burgstädt
in Germany 🇩🇪
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About Vereinigte Raiffeisenbank Burgstädt in Germany
Vereinigte Raiffeisenbank Burgstädt is a cooperative retail and commercial bank headquartered in Burgstädt, Saxony, Germany. The bank operates as a member-owned financial institution, serving approximately 1,115 members with a total balance sheet of around 170 million EUR. It focuses on providing comprehensive universal banking services to retail customers, small and medium-sized enterprises (SMEs), and local businesses.
The bank holds an excellent credit rating, with Fitch assigning it an AA- (very high credit quality) long-term rating. As of 2024, it ranks as the 603rd largest cooperative bank in Germany among the broader Raiffeisen Banking Group network.