Brandenburger Bank is growing: successful balance sheet and strong partnership!

Brandenburger Bank is growing: successful balance sheet and strong partnership!

There is exciting news from the financial world in Cologne! Brandenburger Bank closed the 2024 financial year with pleasing results, as announced at the recently held representative meeting. At this event, which took place in the Domstiftsgut Mötzow, the board members Frank Robby Wallis and Jens-Uwe Oppenborn as well as the supervisory board presented the positive figures. Of 295 elected representatives, 138 were present, showing that members are interested in the developments of their bank.

What exactly has happened? Membership increased to 9,042, representing continuous growth over the last four years. The operating result from normal business activities was 10.7 million euros, while the customer value volume increased by almost 7 percent to 1.9 billion euros. The balance sheet total also increased to 898 million euros, compared to 709 million euros in 2020. Another good news is the increase in customer deposits by 10 percent to 706 million euros and the loan growth, which increased by almost 9 percent to 686 million euros. This shows that the bank is popular with both depositors and borrowers.

Sustainable growth and social commitment

A central aspect of the Brandenburger Bank is its commitment to the region. The bank sees itself as part of the cooperative financial group, which has been focused on partnership and regionality for 150 years. The UN General Assembly has even declared 2025 the “Year of Cooperatives”, which underlines the bank’s commitment. In her speech, Bettina Hubrich from GENO-Verband e.V. praised the excellent work of the board and employees who played a key role in this successful year.

• Mitgliederzahl: 9.042
• Betriebsergebnis: 10,7 Millionen Euro
• Kundenwertvolumen: 1,9 Milliarden Euro
• Bilanzsumme: 898 Millionen Euro
• Kundeneinlagen: 706 Millionen Euro
• Kreditwachstum: 686 Millionen Euro

The representative meeting also decided on a dividend of 4 percent for the members and placed 200,000 euros in reserves. A sign of stability and growth that also demonstrates the solidity of the bank. The existing representatives Christin Grix and Brita Grasenack were removed from the supervisory board, but stood for re-election and were re-elected.

A look at BBBank

Brandenburger Bank is an important part of the largest cooperative private customer bank in Germany, BBBank. This was founded in 1921 as a self-help facility for civil servants and has developed rapidly since then. Today it serves around 455,000 members and offers modern digital banking services. With total assets of over 19 billion euros and a customer business volume of around 37 billion euros, BBBank positions itself as a strong partner for private customers. Their comprehensive offerings also enable individual financial support and ensure customer proximity.

In a constantly changing market, BBBank impresses with its sustainable approaches and a clear focus on social, ecological and economic responsibility. The service promise under the motto “BETTER BANKING” shows the bank’s commitment to focusing on the needs of its customers. BBBank now employs over 1,341 people and has its headquarters in Karlsruhe.

At the instigation of the Federal Association of German Volksbanks and Raiffeisenbanks (BVR), clear guidelines for data protection are also adhered to. The information that is collected is used to optimize the Internet offering and protect members' data in accordance with the General Data Protection Regulation (GDPR). BVR ensures that all personal data is protected and treated responsibly.

The positive development of the Brandenburger Bank and the social responsibility it assumes show that it will continue to be a strong partner in the region. Members can be proud of a bank that not only takes their financial needs seriously, but also actively supports the community.