BAG Bankaktiengesellschaft cuts energy and cleaning costs by 37.5 and 40 percent respectively
BAG Bankaktiengesellschaft, with four regional branches and approximately 150 employees, is 99.9 per cent owned by the National Association of German Cooperative Banks (BVR). As a specialised credit institution with a full banking licence, BAG is the competence centre of the Volksbanken Raiffeisenbanken cooperative financial group responsible for servicing and purchasing problematic risk assets. In addition to traditional lending business, this includes real estate, investments and other assets on a bank's balance sheet.
The company commissioned Daniela Strasser from ERA Group to review and reduce its energy and cleaning costs.
Breakdown of Results
40%
Cleaning costs
37.5%
Energy costs
“This very positive outcome, combined with the resource-efficient and professional way the project was delivered, motivates us to pursue further projects with ERA Group.” [Ralf Schröter, Authorised Signatory and Head of Division, BAG Bankaktiengesellschaft]
