Annual Report 2018

Review of 2018

A lot happened in the DZ BANK Group last year. Here is a summary of the biggest business successes and milestones.

2018

January

25 years of the DZ BANK art collection

Exhibitions, workshops, panel discussions, and other projects were held to mark the anniversary year.

February

Union Investment rated the best for the 16th time

Five stars were awarded by Capital magazine in the Fund Compass. No other provider has achieved so many top ratings in succession.

May 30

Union Investment’s financial literacy conference

Representatives from politics, society, and business met in Berlin to discuss how financial literacy can help to combat excessive debt and capital losses.

June

R+V launches its ‘smart home’ project

Collaboration with the Malteser Hilfsdienst charitable organization and IBM: 25 homes – mainly of elderly people living alone – were fitted with the smart Malteser Care assistance system, which detects medical emergencies and raises the alarm.

July 30

DZ HYP makes its successful debut

The cooperative real estate banks DG HYP and WL BANK were merged with retrospective effect from January 1, 2018.

August

Schwäbisch Hall chosen as best building society of 2018

First place in the annual building society test conducted by market researcher Deutsches Kundeninstitut on behalf of financial journal Euro am Sonntag – for the fourth time in a row.

September 25

DZ BANK issues its first green bond

The senior preferred bond, which had a volume of €250 million, was significantly oversubscribed and attracted particularly strong interest from cooperative banks and institutional investors.

October 1

TeamBank celebrates 15 years in the cooperative financial network

DZ BANK became the new owner of the predecessor institution on October 1, 2003, bringing what was then norisbank into the network.

October

R+V pioneers selfie ID authentication

Customers can now use video ID authentication to activate their digital customer portal. R+V is the first insurer in Europe to offer this service.

November

Real estate assets under management by Union Investment exceed €40 billion for the first time.

The cooperative financial network’s fund management specialist thus confirms its market-leading position.

December

Schwäbisch Hall has been supporting Off Road Kids for more than 10 years

As in previous years, the building society made a donation for 2019 to the charity, which during its 25-year existence has helped more than 5,000 young people living on the streets.

December 6

Wolfgang Kirsch says farewell in Berlin

Around 350 of his contemporaries from the world of finance, the cooperative organization, politics, and society celebrated the retirement of DZ BANK’s long-standing Chief Executive Officer.