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WGZ BANK Snapshot
WGZ BANK is one of Germany's largest banking institutions and the central bank for more than 220 Volksbanken and Raiffeisenbanken member banks in the state of North Rhine-Westphalia. Supported by branches in Düsseldorf, Koblenz, and Münster, its banks primarily offer refinancing, investment, and payment transaction products and services in local markets. WGZ BANK's largest subsidiary, WL BANK, is a mortgage bank that engages in public-sector real estate lending. WGZ BANK also functions as a commercial bank that provides lending to small and midsized businesses. As a wholesale bank, it acts as a trading partner in the currency, foreign exchange, and capital markets, as well as in bond issuing and syndications.
