News Archive
Preliminary results for 2023: DZ BANK Group reports a profit before taxes of €3.2 billion
02/29/2024
In 2023, the DZ BANK Group generated a profit before taxes of €3.2 billion (2022: €2.3 billion). The reason for this encouraging figure was the continued good operating performance of the DZ BANK group entities. This was particularly the case for DZ BANK – central institution and corporate bank, which notched up further growth in the Corporate Banking, Capital Markets, and Transaction Banking business lines and made a substantial contribution to the overall results.
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DZ BANK Publishes Sustainability Report
03/28/2024
Within the framework of the Group-wide Sustainability Report, the DZ BANK Group today reported on its progress in achieving its ESG targets in the 2023 financial year. In this context, the cooperative banking group also published further targets for the environmental (E) area. Last year, DZ BANK AG already defined specific decarbonisation pathways for its business portfolio in five CO2-intensive sectors. These climate targets have now been extended to the Group, which also includes companies such as Bausparkasse Schwäbisch Hall and DZ HYP.
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DZ BANK expands ESG targets
03/28/2023
DZ BANK today published further ESG targets as part of its Group-wide sustainability report. The objectives include Group-wide and company-specific targets in the areas of environment, social affairs and corporate governance for the coming years ...
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Preliminary results for 2022: DZ BANK Group reports a profit before taxes of €1.8 billion
02/28/2023
In 2022, the DZ BANK Group generated a profit before taxes of €1.8 billion (2021: €3.1 billion). The reason for this encouraging figure was the continued good operating performance of all entities in the DZ BANK Group.
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DZ BANK sets its personnel course for the future
02/23/2023
During its meeting on 23 February 2023, the Supervisory Board of DZ BANK AG decided on personnel changes in the Board of Managing Directors of DZ BANK. Accordingly, Cornelius Riese (48), Co-Chief Executive Officer of DZ BANK, will take over as ...
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New digital standard: DZ BANK and Union Investment trade OTC derivative as smart contract
01/18/2023
DZ BANK and Union Investment jointly traded a legally binding over-the-counter ("OTC") derivative as a smart derivative contract (SDC) and settled it fully automatically over several business days at the end of December.
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11/22/2023
DZ BANK Research has mixed feelings about the coming year. Analysts expect a further decline in inflation in the Eurozone and in Germany. However, the ECB target will once again be clearly missed. The economy also continues to cause concern...
Souad Benkredda becomes a member of the Board of Managing Directors of DZ BANK AG
03/24/2022
At its meeting today, the Supervisory Board of DZ BANK AG appointed Souad Benkredda to succeed Wolfgang Köhler, the member of the Board of Managing Directors responsible for Capital Markets business and Group Treasury.
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Preliminary results for 2021
03/02/2022
DZ BANK Group reports a profit before taxes of €3.1 billion Customer business expanded and market position strengthened Results supported by developments in the capital markets Low level of loss allowances required thanks to stable economic condit ...
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First half of 2022: DZ BANK Group reports a profit before taxes of €1.14 billion
08/30/2022
In the first half of 2022, the DZ BANK Group generated a profit before taxes of €1.14 billion (first half of 2021: €1.83 billion). Key to these encouraging earnings were the good operating performance in all business lines and the still unremarkable risk situation.
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Sustainability Report: DZ BANK's lending business contributes to sustainability targets
03/30/2021
In future, DZ BANK AG will manage its lending business more strongly on the basis of sustainability criteria and measurable targets.
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Preliminary results for 2020
03/02/2021
DZ BANK Group reports a profit before taxes of €1.46 billion
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DZ BANK, BayernLB and Deutsche Börse prove functionality of digital smart derivative contracts
06/29/2021
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First half of 2021: DZ BANK Group reports a profit before taxes of €1.83 billion.
08/30/2021
In the first half of 2021, the DZ BANK Group generated a profit before taxes of €1.83 billion (first half of 2020: €557 million). This very good result is attributable to a very satisfying business performance in virtually all entities and a risk situation that remained unremarkable. Another contributing factor was the uptrend in the capital markets ... more
Preliminary results for 2019
02/27/2020
Preliminary results for 2019: DZ BANK Group reports a profit before taxes of €2.7 billion
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DZ BANK signs UN Principles for Responsible Banking
04/29/2020
With its pledge to the Principles for Responsible Banking (PRB), DZ BANK has made a commitment to greater sustainability and transparency.
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First half of 2020: DZ BANK Group reports a profit before taxes of €557 million
08/28/2020
In the first half of 2020, the DZ BANK Group generated a profit before taxes of €557 million and has thus far coped well with the impact of the COVID-19 pandemic.
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DZ BANK issues second Green Bond - issue three and a half times oversubscribed
12/04/2020
The bond was placed with a seven-year maturity as a senior non-preferred bond and generated a great deal of interest among investors.
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DZ BANK Research - Outlook 2021
11/19/2020
In 2021, the world will gradually free itself from the shackles of the corona pandemic. For the coming year, DZ BANK Research anticipates a strong recovery of the global economy and forecasts growth of 5 percent.
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Jan Holthusen succeeds Stefan Bielmeier as Head of DZ BANK Research - Michael Holstein will take over as new Chief Economist
11/17/2020
Dr. Jan Holthusen will succeed Stefan Bielmeier as Head of the Research and Economics Division of DZ BANK on January 1, 2021.
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Preliminary results for 2018
03/05/2019
In 2018, the DZ BANK Group generated a profit before taxes of €1.37 billion (2017: €1.81 billion). This was the result of its good operating performance.
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Investment ideas analysed and evaluated in real time with InGen
06/04/2019
The information platform InGen enables the systematic evaluation of private placements for the first time and makes it easier for institutional investors to select suitable investment products.
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Blockchain platform finledger for the first time enables fully digital processing of promissory note loans
05/21/2019
A cross-institutional team of DekaBank, dwpbank, DZ BANK and Helaba has succeeded for the first time in processing the issue of promissory note loans by exclusively digital means.
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H1 2019: DZ BANK Group reports a profit before taxes of €1.46 billion
08/29/2019
In the first half of 2019, the DZ BANK Group generated a profit before taxes of €1.46 billion (H1 2018: €1.03 billion). This significant improvement on the prior-year period was attributable to the strong operating performance across all entities coupled with an inconspicuous risk situation.
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Preliminary results for 2017
02/27/2018
In 2017, the DZ BANK Group again delivered a good operating performance and generated a profit before taxes of € 1.81 billion (2016: € 2.2 billion).
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Ulrike Brouzi to become a Member of the Board of Managing Directors of DZ BANK AG
02/21/2018
At its meeting today the Supervisory Board of DZ BANK AG appointed Ulrike Brouzi as a Member of the Board of Managing Directors. Ulrike Brouzi will join the bank on September 1, 2018.
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H1 2018: The DZ BANK Group reports profit before taxes of EUR 1.03 billion
08/30/2018
In H1 2018 the DZ BANK Group reported a profit before taxes of EUR 1.03 billion. A robust operating performance and an inconspicuous risk situation throughout the entire DZ BANK Group played a key role here.
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DZ BANK and PT Bank Central Asia Tbk sign strategic cooperation agreement for SME’s
07/11/2018
DZ BANK and PT Bank Central Asia, Indonesia’s largest private commercial bank, have signed a cooperation agreement. The main objective of the agreement is to offer mutual support to respective corporate clients.
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DZ BANK Group: Results of the 2018 EBA stress test
11/02/2018
The DZ BANK Group took part in the EU-wide stress test conducted by the European Banking Authority (EBA). DZ BANK obtained a satisfactory result.
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Preliminary figures for the financial year 2016
03/07/2017
The DZ BANK Group reported a profit before taxes of € 2.2 billion in the financial year 2016. This result was driven mainly by a good development in the customer business. It also reflects the successful merger with WGZ BANK.
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Lars Hille to leave the DZ BANK Board of Managing Directors
03/02/2017
Lars Hille has informed the Chairman of the Supervisory Board, Helmut Gottschalk, of his wish to surrender his position on the DZ BANK AG Board of Managing Directors upon expiry of his contract on 14 October 2017 in order to pursue new professional challenges.
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DZ BANK to open Representative Office in Jakarta
02/09/2017
The banking supervisory authority in Indonesia has granted DZ BANK a licence to open a Representative Office in Jakarta. With 250 million inhabitants and average GDP growth of more than 5% a year Indonesia is currently one of the most attractive growth regions in the world.
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H1 2017: DZ BANK Group reports profit before taxes of EUR 939 million
08/31/2017
DZ BANK Group brought H1 2017 to a successful conclusion thanks to good customer business. The positive operating performance was achieved in a demanding market environment and parallel to the integration work following the merger of DZ BANK and WGZ BANK, which has made rapid progress.
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Supervisory Board discusses holding and decides on executive board staffing issues
07/04/2017
The Supervisory Board of DZ BANK AG dealt intensively with the further development towards a holding model agreed within the framework of the merger and decided on executive board staffing issues.
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DG HYP and WL BANK push ahead with merger / memorandum of understanding signed
06/27/2017
The two cooperative real estate banks DG HYP and WL BANK are pushing ahead with their planned merger. The banks started merger talks in March 2017 and since then have worked out the key features of the merged real-estate bank.
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China Development Bank and DZ BANK sign strategic cooperation agreement
06/01/2017
China Development Bank and DZ BANK sign strategic cooperation agreement. The aim is to intensify economic relations between both countries.
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DZ BANK’s AGM: shareholders vote in favour of merger with WGZ BANK
06/22/2016
At today’s AGM in Frankfurt DZ BANK’s shareholders approved the merger agreement between DZ BANK and WGZ BANK with 99.99 per cent of the capital they represent.
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H1 2016: DZ BANK Group reports profit before taxes of EUR 1.57 billion
09/30/2016
In H1 2016 the DZ BANK Group achieved a profit before taxes of EUR 1.57 billion (H1 2015: EUR 1.28 billion). Essentially, this result was based on what was predominantly a good operating performance in the group companies.
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