Founded in 1966, BANK IM BISTUM ESSEN eG is a specialized bank for the Church and its institutions, committed to Christian values and guided by its business policy. BANK IM BISTUM ESSEN eG is a cooperative bank, its members include business customers such as hospitals, foundations, church housing companies, old people's and disabled people's institutions or pension funds, relief organizations and other non-profit NGOs and a large number of private customers, especially the employees of these institutions.
Becoming a client of BANK IM BISTUM ESSEN eG can be done in a few steps:
Due to regulatory requirements BANK IM BISTUM ESSEN eG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual BANK IM BISTUM ESSEN eG will ask him/her to provide the following documents: passport; proof of address. For corporate clients BANK IM BISTUM ESSEN eG will ask to provide corporate documentation as well as information about controlling persons. BANK IM BISTUM ESSEN eG may request additional documentation or information depending on the case. BANK IM BISTUM ESSEN eG performs client's identity verification via branch visit.
In 2019 total assets of BANK IM BISTUM ESSEN eG were 5 262,74 mln EUR. BANK IM BISTUM ESSEN eG is the 23rd largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.54% amongst the banks of this category.
BANK IM BISTUM ESSEN eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
BANK IM BISTUM ESSEN eG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. BANK IM BISTUM ESSEN eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.
BANK IM BISTUM ESSEN eG is located in Essen, Ruhr.