DZ Bank

The company functions as a central institution for approximately 900 cooperative banks. As of December 31, 2016, it operated seven German branches in Berlin, Düsseldorf, Hanover, Koblenz, Munich, Münster, and Stuttgart, as well as 4 international branches in London, New York, Hong Kong, and Singapore. DZ Bank. Die Initiativbank is headquartered in Frankfurt am Main, Germany.