Augsburger Aktienbank AG

Anna Mileiko Created by Anna Mileiko

Augsburger Aktienbank Aktiengesellschaft Logo

Address

Halderstraße 21, 86150, Augsburg, Bay, Germany

BIC

AUGBDE77XXX

Overview

Category

Commercial banks

Business Focus

securities trading

Augsburger Aktienbank was established in 1963 and was one of the first banks in Germany operating as a direct bank. Augsburger Aktienbank was focused on providing securities trading services to financial intermediaries. Augsburger Aktienbank also offered its customers retail banking products, including current, savings and fixed term deposit accounts. In 2022 Augsburger Aktienbank discontinued its banking business.

Performance

In 2021, Augsburger Aktienbank AG achieved the position of 699th largest bank in Germany with a market share of 0.01%; its total assets dropped by 58.86%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Augsburger Aktienbank AG.

Financials

Total Assets of Augsburger Aktienbank AG
Net_income of Augsburger Aktienbank AG
Market Share of Augsburger Aktienbank AG
Total Assets (2021)
1,122.96 mln EUR   (-58.86%)
Net Income (2021)
-4,799,307.50 EUR 

Augsburger Aktienbank AG ranked as the 699th largest bank in Germany by total assets. In 2021 its total assets were 1,122.96 mln EUR, representing a 0.01% market share. In 2021 the bank's net income was -4.80 mln EUR.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Covered Accounts
all deposit accounts
Eligible Depositors
individuals
companies

Augsburger Aktienbank AG protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Entschädigungseinrichtung deutscher Banken GmbH (EdB), making regular contributions into it.

See Also

Contacts

addressHalderstraße 21, 86150, Augsburg, Bay, Germany
po box10 11 60
websitehttps://www.aab.de/

Augsburger Aktienbank AG was headquartered in Augsburg, Bay.

Bank Identifiers

BIC (SWIFT)
AUGBDE77XXX
LEI
529900WX2U712LHABH62
MFI ID
DE03345

Bank History

Close Date
December 2022
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