Company Information

Get to know VR Bank Augsburg-Ostallgäu

VR Bank Augsburg-Ostallgäu eG is a regional cooperative bank headquartered in Bavaria, Germany. Formed through the 2017 merger of Augusta-Bank eG Raiffeisen-Volksbank and VR Bank Kaufbeuren-Ostallgäu eG, the bank operates on a cooperative model, meaning it is owned by its members. Its core mission is to support the economic development of its local community by offering a full range of banking services, including personal and business accounts, loans, mortgages, investments, and insurance products, with a strong focus on personal consultation and regional engagement.

Industry

Financial BankingPRIMARY
Financial Other Service

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VR Bank Augsburg-Ostallgäu

Germany

Founded in

1867 (159 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

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.