Bankhaus August Lenz & Co. AG

Anna MileikoCreated by Anna Mileiko

Bankhaus August Lenz & Co. Aktiengesellschaft Logo

Address

Stefan-George-Ring 2, 81929, München, Germany

BIC

LENZDEMAXXX

Overview

Category

Private banks (Bankhäuser)

Business Focus

retail banking

Bankhaus August Lenz is a German private bank and a member of Mediolanum Group (Italy). Bankhaus August Lenz provides retail banking products and services, including current accounts and payment cards, savings and fixed term deposit accounts, investment funds and personal loans. In 2022, Bankhaus August Lenz was acquired by Raisin Bank to expand its product range to payment services and cash solutions.

Performance

In 2021, Bankhaus August Lenz & Co. AG achieved the position of 1133rd largest bank in Germany with a market share of 0.00%; its total assets dropped by 4.83%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Bankhaus August Lenz & Co. AG.

Services

retail banking
private banking
business banking

Products

current accounts
savings accounts
time deposit accounts
investment funds

See Also

Ways to Bank

Bankhaus August Lenz & Co. AG delivered its products and services through both direct and indirect channels, namely:
Bankhaus August Lenz & Co. AG Ways to Bank
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of Bankhaus August Lenz & Co. AG
Net_income of Bankhaus August Lenz & Co. AG
Market Share of Bankhaus August Lenz & Co. AG
Total Assets (2021)
222.23 mln EUR   (-4.83%)
Net Income (2021)
-9,782,000.00 EUR   (-51.17%)

Bankhaus August Lenz & Co. AG was the 1133rd largest bank in Germany in terms of total assets. In 2021 its total assets were 222,23 mln EUR, providing the bank with the market share of 0.00%. Bankhaus August Lenz & Co. AG was the 9th largest private bank (bankhäuser) in Germany (out of 16 private banks (bankhäuser)) having market share of 2.64% amongst the banks of this category. In 2021 the bank's net income was -9,78 mln EUR.

Deposit Guarantee

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

Bankhaus August Lenz & Co. AG participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Bankhaus August Lenz & Co. AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

See Also

Contacts

addressStefan-George-Ring 2, 81929, München, Germany
po box10 09 36
websitehttps://www.banklenz.de/

Bankhaus August Lenz & Co. AG was headquartered in München.

Social Networks

Bankhaus August Lenz & Co. AG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
LENZDEMAXXX
LEI
529900508MSGTKVQKZ11
MFI ID
DE00187

Bank History

Close Date
October 2022
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