Company Information

Get to know Volksbank Mittleres Erzgebirge eG

Volksbank Mittleres Erzgebirge eG is a regional cooperative bank rooted in the German state of Saxony. As a member-owned institution, its business philosophy is centered on serving the financial needs of its local community, including private individuals, small and medium-sized enterprises, and freelancers. The bank's history is built on the cooperative principles of self-help, self-administration, and self-responsibility. It offers a comprehensive suite of banking products, including accounts, payments, loans, investments, and insurance, operating as part of the broader Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken network.

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Financial Other Service

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Volksbank Mittleres Erzgebirge eG

Germany

Founded in

1859 (167 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.