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Association of German Public Banks 
country flag


Lennéstraße 11
DE-10785 Berlin

Tel: +49 (0) 30 81 92 0
Fax: +49 (0) 30 81 92 2 22


President: Dr. Gunter Dunkel (Chairman of the Managing Board NORD/LB Norddeutsche Landesbank Girozentrale)
Vice-President: Dr. Otto Beierl (Chairman of the Managing Board LfA Förderbank Bayern)
Managing Director: Prof. Dr. Liane Buchholz
Secretariat: 79 staff (71 in Berlin)

Number of members: 64
Number of qualified valuers (individuals): 214
Number of valuation companies: none

Member of TEGoVA since: 2002
Category of membership: Full


The Association of German Public Banks –is a leading industry association in the German banking industry.

Brief History and Role

The Association of German Public Banks (Bundesverband Öffentlicher Banken Deutschlands, VÖB) is a leading industry association in the German banking industry. It was founded in 1916 and represents nowadays 64 member institutions including the regional banks (Landesbanken) as well as the development banks owned by the federal and state governments. The VÖB together with the four other top-level associations of the German banking industry comprise the German Banking Industry Committee, GBIC (Die Deutsche Kreditwirtschaft, DK).


VÖB represents the joint business and general interests of its members in all matters relating to banking policy, promotes cooperation between member banks and supports them in the fulfillment of their missions. The association represents and promotes the interests of its members through communication with lawmakers on the national and state level, national and international regulatory authorities, the media and the public. It is accredited with the German Bundestag, the European Parliament and the European Commission. The VÖB has maintained an office in Brussels since 1987. Since March 2012 the VÖB has maintained a liason office to the European Banking Authority (EBA) in London. In January 2014, the VÖB opened a liaison office to the European Securities and Markets Authority (ESMA) in Paris. The association is also a member of the European Association of Public Banks (EAPB), which is located in Brussels


German financial institutitutions held directly or indirectly by the public sector either in whole or in part, or which perform special missions in or arising out of the public interest, can become regular members of the VÖB. Banks that already belong to another banking-industry association can apply for special membership.

Total assets

As of the end of 2013, the total assets of all VÖB member banks amounted to 2,686 billion euros. The market share of the VÖB member banks was thus 35 percent, as measured by the total assets of the entire German banking industry. The VÖB banks employ about 76,000 persons.

Employer association

VÖB is also an employer association. It represents the members of the collective-bargaining association of public banks in collective-bargaining negotiations for public banks and the private banking sector.

EVS in German

The German Delegation (German member associations of TEGoVA) translated the European Valuation Standards 2012 into German.

Awarding member association

Recognised European Valuer
Awarding Member Association

The association has the right to award Recognised European Valuer status (designated by the letters REV) to its members.