VR-Bank Uckermark-Randow: 4% dividend and strong growth awaited!

VR-Bank Uckermark-Randow: 4% dividend and strong growth awaited!

Prenzlau, Deutschland - VR-Bank Uckermark-Randow eG has a pleasant financial year 2024 and looks optimistically into the future. Boarding members Jan Meese and Ronny Sattler reported on the results and the upcoming perspectives at the General Assembly, which took place in the Uckerseehalle in Prenzlau. "Despite economic and political challenges, we continued our growth course," said Sattler. With a total of 949 million euros at the end of the year, an increase of 3.3 percent compared to the previous year, members can look forward to a dividend of 4 percent, which corresponds to around 566,916 euros. The approval of the General Assembly on June 18 is still pending, as [Nordkurier] (https://www.nordkurier.de/regional/uckermark/mieder-dieser-ben-koennen-koen-auf-vier-vier- vividend-freuen-368131) reports.

Customer deposits rose by 2.8 percent to a total of 820 million euros. In particular, the demand for flexible, short -term forms of investment has increased. The loan volume grew by 2.1 percent to over 314 million euros, with medium -sized companies, agriculture and private households primarily interested in housing, modernization and energy saving measures. Board of Directors Ronny Sattler praised the trust of the members and investors into business policy. An important point is also the strengthening of the reserves and the expansion of the equity base, which contributes to the stability of the bank.

members and commitment

At the General Assembly, around 450 members and guests appeared who found out about the positive development of the bank. The report of the board of directors on the 2023 financial year was consistently positive and pointed out a significant strengthening of equity: the total capital ratio is 21.64 percent, while only 16.30 percent are necessary. This success benefits the members who benefit from growth. At the meeting, the board and supervisory board were also relieved, which shows that the members are satisfied with the work done, as VR-Bank Uckermark-Randow notes.

The VR-Bank Uckermark-Randow is perceived as a stable and regionally anchored financial partner, which is of great importance for a cooperative bank. Dr. Martin Polle, the long -time CEO, was adopted at the end of 2024; His achievements were particularly appreciated. During the meeting, personal greetings from District Administrator Karina Dörk and the awarding of a silver badge of honor from the DGRV surprised. Marco Schulz, member of the board at Genoverband e.V.

The place in the banking sector

cooperative banks such as VR-Bank Uckermark-Randow form the third segment in the German banking sector, along with public and private banks. They have established themselves as a significant factor and have a high proportion in the deposits of private individuals. According to Statista, cooperative banks under the Federal Association for Volksbanken and Raiffeisenbanken have been organized and have been growing in recent years in the customer deposits and loans. Especially in these dynamic times, they show that they have a good knack for the needs of their customers and thus remain sustainable.