DZ Bank AG - Company Profile
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DZ Bank AG (DZ Bank) forms part of the German cooperative financial network. Adequate capital and liquidity, and business segment performance of DZ BANK – CICB are some of its strengths, even as cost efficiency could be a cause for concern. The growing market for payments channel and wealth management prospects in Germany and the emergence of FinTech could offer ample growth opportunities to the bank. However, litigation risks, risks related to online identity theft and hacking, and emergence of neobanks could pose various challenges to the bank.
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