Bank in Bergische Issues Dividend of 6% to Its Shareholders
In a lively gathering at the Kulturzentrum Klosterkirche in Remscheid-Lennep, the leaders of the cooperative bank addressed the 11,000 member-owners, discussing the bank's performance in the previous year. The trio, consisting of Andreas Otto, Christian T. Fried, and Henning Wichart, took the stage to break down the bank's financial status.
With assets just short of three billion euros, the team is ecstatic about maintaining a consistent performance despite tough economic conditions. Consequently, the generous dividend of six percent will again be distributed among the stakeholders.
In a bittersweet turn, Prof. Dr. Mark Ebbinghaus, the auditor and tax advisor who had served on the supervisory board for ten years, was unable to continue due to professional constraints. Saying farewell, the members fondly welcomed Timo Tückmantel, a local tax advisor from Remscheid, as the new addition to the supervisory body. Thomas Schäfer, Managing Partner of Solida-Werk Werkzeugtechnik GmbH + Co. KG, has stepped up to lead the supervisory board as the new chairman.
Regrettably, the specific name of the new chairman couldn't be obtained from the available search results. For further exploration, you may want to check Volksbank Bergisches Land's official website or recent press releases to find this information.
The cooperative bank, with its significant assets in the banking-and-insurance industry, managed to maintain a consistent performance in finance, even during tough economic conditions, as demonstrated by the six percent dividend distribution. A new addition to the supervisory board, Timo Tückmantel, is expected to play an important role in shaping the bank's business strategies, given his background as a local tax advisor from Remscheid.