Bankhaus Denzel Aktiengesellschaft was founded in 1991 and is a part of the Denzel Group, the largest multi-brand car dealer network in Austria. The initial core business of Denzel Bank was financing for car dealers. Now Denzel Bank offers consumer loans for new and used vehicles and deposit products.
Becoming a client of Bankhaus Denzel AG can be done in a few steps:
Due to regulatory requirements Bankhaus Denzel AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Bankhaus Denzel AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Bankhaus Denzel AG will ask to provide corporate documentation as well as information about controlling persons. Bankhaus Denzel AG may request additional documentation or information depending on the case.
Bankhaus Denzel AG is the 229th largest bank in Austria in terms of total assets. In 2018 its total assets were 306,49 mln EUR, providing the bank with the market share of 0.04%. Bankhaus Denzel AG is the 15th largest special purpose bank in Austria (out of 20 special purpose banks) having market share of 0.66% amongst the banks of this category. In 2018 the bank's net income was 502 000,00 EUR.
Bankhaus Denzel AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Bankhaus Denzel AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.
Bankhaus Denzel AG is headquartered in Wien.