Bank Board Member Norbert Philipp

Many citizens appreciate our credit cooperative as before as a safe harbor. “, stressed Norbert Philipp. And not just them, the experts of the rating agency standard & poor’s issued a very good testimony to our cooperative financial group last year. This review we will be envied by many large commercial bank.” International year of cooperatives Gunter Dresen and Norbert Philipp reveled in the political support that has undergone the business model of co-operative banks last from the highest authority. Like to take up the call of the United Nations, to celebrate 2012 as the international year of cooperatives. Not the State is there, making possible large, but self help its citizens. “, Norbert Philipp pointed out.

It is important that this fundamental conviction of Hermann Schulze-Delitzsch and Friedrich Wilhelm Raiffeisen today not lost comes to us.” To prove this organises the Volksbank Wilhelmshaven with the construction Association of Rustringen Wilhelmshavener Spar – and construction company on the day of cooperatives on July 7, 2012 from 11: 00 to 19:00 in Stortebeker Park a family day with a colorful program for young and old. With Meanwhile 7.524 Associates (prior year: 7.357) Volksbank Wilhelmshaven is one of the largest associations in the region. Customer total moves customer volume at a high level still at a pleasingly high level. This metric is for us especially important, since it the entirety of all deposits and loans including the products managed by us our partners, such as for example the DZ Bank, Bausparkasse Schwabisch Hall, the team bench, VR leasing or the R + V insurance returns. Here we have to almost 3 per cent and now nearly reach 450 million euros”, Bank Board Member Norbert Philipp made it clear. Net income again increased despite a still challenging economic environment, as it referred to Gunter Dresen, could the Slightly increased net interest income by 17 THOUS 5.442 EUR.