DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG

DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is a cooperative bank owned by its members via shares. DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG provides retail banking products and services to its customers focusing on customer requirements and development of local economy, paying special attention to small and medium-sized enterprises (SMEs).

Bank Category

Cooperative banks

Financials

Total Assets (2017)
41 570.93 mln EUR  (+7.25%)

In 2017 total assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG were 41 570,93 mln EUR. DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is the 1st largest cooperative bank in Germany (out of 913 cooperative banks) having market share of 4.72% amongst the banks of this category.

DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).

DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Richard-Oskar-Mattern-Straße 6, 40547, Düsseldorf, Germany
101031

DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is located in Düsseldorf.

Bank Identifiers

BIC (SWIFT)
DAAEDEDD401
MFI ID
DE01135

Financial Positions

Total Assets (2017)
41 570.93 mln EUR  (+7.25%)

In 2017 total assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG were 41 570.93 mln EUR. Growth compared to the previous period (2016) was 7.25%. The evolution of the total assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is shown at Chart 1 below.

Total Assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG.

Chart 1. Total Assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG.

Recent changes in total assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG and its main components are shown in Table 1.

2016 2017 % change
Loans to customers 29 677.5 32 235.0 +8.62%
Total Assets 38 761.5 41 570.9 +7.25%
Table 1. Recent changes in total assets of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (mln EUR).

Recent changes in total liabilities of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG and its main components are shown in Table 2.

2016 2017 % change
Deposits 25 710.8 25 989.1 +1.08%
Total Liabilities 38 761.5 41 570.9 +7.25%
Table 2. Recent changes in total liabilities of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (mln EUR).

Market Share and Rank (among Cooperative banks in Germany)

Total Assets (2017)
1st (market share 4.72%)

In 2017 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG was ranked the 1st largest cooperative bank in Germany in terms of total assets, having 4.72% of the category's market share.

Market share of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (among Cooperative Banks in Germany)

Chart 2. Market share of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (among Cooperative Banks in Germany)

Several cooperative banks having the market shares and ranks closest to DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG are shown below.

RankNameTotal AssetsMarket Share
1 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG41570.93 mln EUR4.72%
2 Berliner Volksbank eG13550.67 mln EUR1.54%
3 Sparda-Bank Baden-Württemberg eG13528.97 mln EUR1.54%
 

Market Share and Rank (among banks in Germany)

Total Assets (2016)
26th (market share 0.55%)

In 2016 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG was ranked the 26th largest bank in Germany in terms of total assets, having 0.55% of the domestic market share.

Market share of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (among banks in Germany)

Chart 3. Market share of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG (among banks in Germany)

Several banks having the market shares and ranks closest to DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG are shown below.

RankNameTotal AssetsMarket Share
25 Aareal Bank AG40287.50 mln EUR0.57%
26 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG38761.46 mln EUR0.55%
27 Münchener Hypothekenbank eG38508.99 mln EUR0.54%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) Aa1 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is rated by Fitch and Moody's.

Credit ratings assigned to DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG 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 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is not set support rating is not assigned; support rating floor is not set.

Moody's

Long-term rating for DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG it is set to Aa1 (high grade). Long-term bank deposit rating is Aa1 (high grade). Baseline credit assessment is baa1. Short-term rating is not assigned.

Long-Term Rating  Aa1
Long-Term Bank Deposit Rating  Aa1
Baseline Credit Assessment  baa1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG 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 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG 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 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG and its components are shown in the table below.

BIC  DAAEDEDD401
Bank BIC Code  DAAE
Country Code  DE (Germany)
Location Code  DD
Branch Code  401

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 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG is shown in the table below.

MFI ID  DE01135