Established in 1884 CVW-Privatbank is an independent private bank committed to its medium-sized corporate and private customers, shareholders and employees. CVW-Privatbank provides retail and corporate banking products and services to individuals and business customers. CVW-Privatbank also offers online brokerage.
Becoming a client of CVW-Privatbank AG can be done in a few steps:
Due to regulatory requirements CVW-Privatbank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual CVW-Privatbank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients CVW-Privatbank AG will ask to provide corporate documentation as well as information about controlling persons. CVW-Privatbank AG may request additional documentation or information depending on the case.
CVW-Privatbank AG is the 1308th largest bank in Germany in terms of total assets. In 2018 its total assets were 126,80 mln EUR, providing the bank with the market share of 0.00%. In 2018 the bank's net income was 295 946,62 EUR.
CVW-Privatbank AG 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. CVW-Privatbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
CVW-Privatbank AG is headquartered in Wilhermsdorf.