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Volksbank Achern, Volksbank Offenburg complete merger

Volksbank Achern eG and Volksbank Offenburg eG have completed their merger into Volksbank in der Ortenau eG, the new bank announced March 23 in its annual financial report for 2016.

The merger, which was agreed to in March 2016 and approved by the members of the two banks in June 2016, has created one of the top five volksbanks in the German state of Baden-Württemberg, according to the statement.