Bundesverband Öffentlicher Banken Deutschlands

The Federal Association of German Public Sector Banks, VÖB, is an umbrella organization of the German banking industry. It represents 62 member institutions, including the regional banks and the federal and state development banks owned. With four other credit industry leading associations of VÖB The German banking industry is working in association. The Association is based in Berlin. The VÖB has the legal form of a registered association.

Functions of the Association

Task of VÖB is to represent the common economic and ideological interests of its members in all credit- economic issues, promote cooperation between its member banks and to support them in fulfilling their duties. The VÖB advocates the interests of its members in relation to the legislative bodies of the federal and state governments, the supervisory and regulatory authorities at national and international level as well as the media and the public. The VÖB is accredited by the German Parliament, the European Parliament and the EU Commission. The association is a member of the European Association of Public Banks ( European Association of Public Banks, EAPB ), Brussels.

Board of Directors

The Association is governed by a ten -member board, which is headed by the elected by the General Assembly President. As a guest of the Board belongs to the respective President of the German Savings Banks and Giro Association (DSGV ). For the current business of the VÖB the Chief Executive is responsible, which is appointed by the Board and will be supported in their office by the Deputy General Manager and the Head of the Federation.

The presidents since 1970 in chronological order

The fields are the following persons:

• Georg Baur
• Peter Blasche
• Carsten United
• Anke Großpietsch
• Ralf Hannemann
• Lothar Jerzembek
• Stephan Rabe (Deputy Chief Executive )
• Claudia Theisen - Wacket
• Christoph Wengler
• Brigitte Wesierski

Employers' association

The VÖB exerts the only credit economic association of the function of an employers' association for all its member institutions and takes the true advocacy for its members. The VÖB advises its ordinary and extraordinary member institutions in all aspects of labor law and social security law in issues and inform them of the significant changes in legislation and case law. In addition, he represents the interests of its members to the legislative bodies as well as to governmental and administrative bodies. As an employer, association of VÖB also appoints honorary judges for the labor courts. Within the Employers' Association is the collective community Public Sector Banks. The collective labor law and collective bargaining tasks, in particular the conclusion of collective agreements, exclusively from the collective bargaining unit Public Sector Banks (51 members, about 70,000 employees) are perceived.

Ombudsman

As the first credit industry leading association VÖB the mediation role has been delegated in 2001 for its member institutions. This means that all private customers of the VÖB arbitration procedure affiliated banks have the opportunity to litigate their differences with their bank by an independent ombudsman out of court. The arbitration procedure is free for the customer. Ombudsman of the VÖB is Klaus Wangard.

Membership

German credit institutions whose shares are held in whole or in part, directly or indirectly by the public, or which particular perceive arising under the public interest or a public- interest tasks, ordinary members of the VÖB can be. Credit institutions, which are already members of another credit industry association may acquire the extraordinary association membership.

Ordinary members

Ordinary members of the VÖB are:

• BayernLB
• Bremer Aufbau -Bank GmbH
• Bremer Landesbank Kreditanstalt Oldenburg - Girozentrale
• Calenberger credit club
• DekaBank German Girozentrale
• German Bank AG
• German Securities Bank AG
• HSH Nordbank AG
• Internationales Bankhaus Bodensee AG
• Investment Bank of Berlin
• Investment Bank of the State of Brandenburg
• Investment Bank Hessen ( IBH)
• Investment Bank Schleswig- Holstein
• Investment and Development Bank of Rheinland -Pfalz ( ISB)
• KfW IPEX- Bank GmbH
• L-Bank (National Bank Baden- Württemberg)
• Landesbank Baden- Württemberg
• Landesbank Berlin AG
• Landesbank Hessen -Thüringen Girozentrale
• Agricultural Bank pension
• NEO development bank Bavaria
• LTH Land Trust Bank of Rhineland- Palatinate
• NBank investment and development bank Niedersachsen GmbH
• Nord / LB Norddeutsche Landesbank Girozentrale German
• NRW.Bank
• Portigon AG
• Royal Institute Knighthood credit Stade
• SaarLB
• Development Bank of Saxony - promotional bank -
• SIKB Saarland Investment Bank AG
• SKG Bank AG
• Thuringian Development Bank
• VÖB CVP Bank for payment services GmbH
• Weber Actiengesellschaft
• West German Real Estate Bank AG

Associate Members

Associate members of the VÖB are:

• Aareal Bank AG
• BÖAG Exchanges Ltd.
• Boerse Stuttgart AG
• DEG - German Investment and Development Company
• German Postbank AG
• German Sparkasse Verlag GmbH
• Sparkasse Bremen AG
• DZ Bank AG
• European Commodity Clearing AG
• Frankfurter Sparkasse
• Hamburger Sparkasse AG
• Hamburg Wohnungsbaukreditanstalt
• KfW
• Country Brandenburg Lotto GmbH
• Following Landesbausparkassen: LBS - Bavarian Landesbausparkasse
• Landesbausparkasse Schleswig- Holstein -Hamburg AG
• Landesbausparkasse Baden- Württemberg
• Landesbausparkasse Bremen AG
• Landesbausparkasse Rhineland- Palatinate
• North German Landesbausparkasse Berlin - Hannover
• East German Landesbausparkasse AG
• West German Landesbausparkasse

Locations

The VÖB has its headquarters in Berlin and maintains a representative office in Brussels. He also maintains an office in London.

VÖB -Service GmbH

VÖB Service GmbH with its headquarters in Bonn was founded in 1991 and is a 100 % owned subsidiary of the Association of German Public Sector Banks. It is a provider of consulting services, software products and training for the VÖB member companies, communities and the real estate industry.

VÖB CVP Bank for payment services GmbH

VÖB CVP Bank for payment services is the competence center for chip - card-based and other electronic payment applications of the Association of German Public Sector Banks and its ordinary and extraordinary member institutions.