Aareal Bank AG

Aareal Bank is a German credit institution specializing in structured property financing by facilitating property projects for domestic and international clients in Europe, North America and Asia. Aareal Bank offers financing for both commercial (in particular, office buildings, hotel, retail, logistics) and residential properties. Aareal Bank is also active at the capital markets by issuing of German covered bonds, promissory notes and debt securities.

Financials

Total Assets (2017)
39 623.70 mln EUR  (-1.65%)
Net Income (2017)
149.60 mln EUR  (+22.42%)

In 2017 total assets of Aareal Bank AG were 39 623,70 mln EUR. In 2017 the bank's net income was 149,60 mln EUR.

Aareal Bank AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Aareal Bank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Paulinenstraße 15, 65189, Wiesbaden, Germany
21 25
611 348 0
611 348 2549

Aareal Bank AG is headquartered in Wiesbaden.

Bank Identifiers

BIC (SWIFT)
AARBDE5WXXX
MFI ID
DE03472

Financial Positions

Total Assets (2017)
39 623.70 mln EUR  (-1.65%)

In 2017 total assets of Aareal Bank AG were 39 623.70 mln EUR. Decline compared to the previous period (2016) was -1.65%. The evolution of the total assets of Aareal Bank AG is shown at Chart 1 below.

Total Assets of Aareal Bank AG.

Chart 1. Total Assets of Aareal Bank AG.

Profit and Loss

Net Income (2017)
149.60 mln EUR  (+22.42%)

In 2017 net income of Aareal Bank AG was 149.60 mln EUR. Growth compared to the previous period (2016) was 22.42%. The evolution of the net income of Aareal Bank AG is shown at Chart 2 below.

Net Income of Aareal Bank AG.

Chart 2. Net Income of Aareal Bank AG.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
25th (market share 0.57%)

In 2016 Aareal Bank AG was ranked the 25th largest bank in Germany in terms of total assets, having 0.57% of the domestic market share.

Market share of Aareal Bank AG (among banks in Germany)

Chart 3. Market share of Aareal Bank AG (among banks in Germany)

Several banks having the market shares and ranks closest to Aareal Bank AG are shown below.

RankNameTotal AssetsMarket Share
24Santander Consumer Bank AG43453.62 mln EUR0.61%
25Aareal Bank AG40287.50 mln EUR0.57%
26DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG38761.46 mln EUR0.55%
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Aareal Bank AG is rated by Fitch and Moody's.

Credit ratings assigned to Aareal Bank AG as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Aareal Bank AG it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Aareal Bank AG is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  5
Support Rating Floor  NF

Viability rating for Aareal Bank AG is set to bbb+ (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for Aareal Bank AG it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is baa3. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Baseline Credit Assessment  baa3
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Aareal Bank AG is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Aareal Bank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Aareal Bank AG and its components are shown in the table below.

BIC  AARBDE5WXXX
Bank BIC Code  AARB
Country Code  DE (Germany)
Location Code  5W
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Aareal Bank AG is shown in the table below.

MFI ID  DE03472

European Presence: 6 banks in 6 countries

Aareal Bank AG operates under the brand name Aareal Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Germany

  • (this bank) Aareal Bank AG (Wiesbaden)

Ireland

Italy

Poland

Sweden

Defunct Banks: 1 bank in 1 country

The following banks operating under Aareal Bank brand name has been recently closed down:

Belgium