Cooperative banks expanded their lending activity last year
Frankfurt skyline German cooperative banks have around 30 million private and corporate customers. (Photo: dpa) Frankfurt Despite the economic downturn, German banks Volks- und Raiffeisenbanken again extended more loans last year. The loan portfolio increased by seven percent year-on-year to 758 billion euros, their lobby association BVR said on Monday with reference to preliminary data. … Read more