Aachen Bank

from Wikipedia, the free encyclopedia
Logo of the cooperative banks  Aachener Bank eG
Country GermanyGermany Germany
Seat Theaterstrasse 5
52062 Aachen
legal form registered cooperative
Bank code 390 601 80
BIC GENO DED1 AAC
Association Genossenschaftsverband - Association of Regions eV
Website www.aachener-bank.de
Business data 2019
Total assets € 1,290.2 million
insoles € 1,050 million
Customer credit € 805 million
Employee 218
Offices 17th
Members 19,355
management
Board Peter Jorias,
Jens Ulrich Meyer
Supervisory board Dagmar Wirtz, chairwoman
List of cooperative banks in Germany

The Aachener Bank eG is a regional cooperative bank with offices in Aachen and the neighboring regions. The bank was founded in 1899 and has 17 branches.

Organizational information

The bank is a registered cooperative bank. Customers can purchase membership at the bank. According to the articles of association, the members have influence on the business policy decisions of cooperative banks. At Aachener Bank, this takes place via the annual meeting of representatives.

The Aachener Bank has a branch network of a total of 17 branches in Aachen and the neighboring communities of Aldenhoven , Alsdorf , Baesweiler , Inden , Jülich and Linnich ( Ederen ). The bank also has 12 other ATM locations.

In connection with customer care, the Aachener Bank, as a universal bank, represents a holistic advisory concept that includes the cooperative network. This includes u. a. the Bausparkasse Schwaebisch Hall , the team bench ( easy credit ), the R + V Versicherung and Union Investment as cooperation partners.

Regional commitment

As a regional Volksbank, the Aachener Bank supports numerous events and associations in the region. Charitable and non-profit projects in the region are supported and made possible. For many years, for example, the Aachener Bank has been the main and name sponsor of the traditional "Aachener Bank - Cycle Race Around the Cathedral and City Hall". In addition to sponsoring, the bank makes donations of over 100,000 euros every year.

history

The foundation

Aachener Bank eG was founded on December 3, 1899 as a cooperative bank in Aachen by nine master craftsmen. This meeting is considered the first general assembly. The bank was registered with the royal district court in Aachen on December 30, 1899 under the company name Aachener Creditbank eG.

Aachener Creditbank eG survived the economic crisis of 1929 thanks to a good liquidity situation and was able to rent larger business premises. The aim was consistently to work out a good economic situation. In the first years of the war, the balance sheet volume increased significantly due to a high increase in deposits. At the end of the war year 1942, the balance sheet total rose to 4 million Reichsmarks.

The time until the currency conversion from the Reichsmark to the Deutsche Mark was marked by stagnation, but the trust between Aachener Creditbank eG and its members was proven by the fact that the reconstruction could be supported by given loans, although no real values ​​were available as collateral stood.

Due to the establishment of banks with similar names in the post-war period, the company name was changed from Aachener Creditbank eG to Aachener Bank eG following a resolution by the General Assembly in 1953.

Mergers and expansion of the business area

The business area was u. a. expanded through several mergers and new branches over the years as follows:

  • In 1960 there was a merger with Volksbank Alsdorf to expand the business area in the northern region. This increased the balance sheet total by 6 million DM to 35 million DM at the end of the year.
  • In the 1960s, five new branches were opened in Aachen .
  • The next merger with Volksbank Jülich took place in 1977. This enabled the business area to be extended to the city of Jülich and the Jülich region.
  • On December 1, 1982, the two branches of the former Volksbank Kohlscheid in the city area were transferred to the Aachener Bank.
  • Two months later, on December 9, 1982, another branch was opened in the Aachen industrial area Dresdener Strasse. The range of services offered by a banking company was previously lacking in this up-and-coming industrial park, which enabled further business relationships to be established. At the end of 1982 the balance sheet total increased to 500 million DM.
  • Aachener Bank eG has also been represented in the growing residential area of ​​Brand since 1984.
  • Due to the proximity to Belgium , a branch was opened in Eupen in 1990 . This expansion revealed a special position for Aachener Bank eG as a bank in the border region to Belgium and the Netherlands .
  • Further branches were opened in Würselen on December 1, 1992 and in the Inden -Altdorf relocation site on August 4, 1993.
  • In 1998 the merger with the Raiffeisenbank Walheim-Kornelimünster was completed, followed in 2001 by the merger with the Volksbank Aachen-Süd, whereby the southern area of ​​Aachen could be further developed.
  • In the last merger in 2015, the merger with Raiffeisenbank Aldenhoven took place, adding three more branches, so that the business area expanded further in the northern area.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual report as of December 31, 2019
  3. ↑ a b c d e f g h i j k l m "Aachener Bank eG - Facts and Figures". Retrieved September 29, 2015 .
  4. ^ "Aachener Bank eG - press release: With common roots and values ​​into a common future". (PDF) Retrieved September 29, 2015 .

Coordinates: 50 ° 46 ′ 19.9 ″  N , 6 ° 5 ′ 18.9 ″  E