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DZ Bank AG Deutsche Zentral-Genossenschaftsbank, headquartered in Frankfurt am Main, is the second largest bank in Germany and serves as the central institution of the Cooperative Financial Network. Founded in 2001 through the merger of DG Bank and GZ-Bank, it is cooperatively owned by roughly 700 local cooperative banks in Germany and maintains international offices in cities including New York City, London, Singapore, and Hong Kong.
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