Deutsche Kontor Privatbank provides private banking and asset management products and services. Deutsche Kontor Privatbank also established a new brand, Deutsche Handelsbank, providing specialized products and services to e-commerce businesses to support them and promote their expansion.
Deutsche Handelsbank AG is the 1295th largest bank in Germany in terms of total assets. In 2016 its total assets were 180,78 mln EUR, providing the bank with the market share of 0.00%. In 2016 the bank's net income was -22,08 mln EUR.
Deutsche Handelsbank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Deutsche Handelsbank AG is headquartered in München.
|time deposit accounts (0.10 - 0.40 %)|
Deutsche Handelsbank AG provides products and services in the areas of private banking, wealth management, retail banking. The range of products offered by Deutsche Handelsbank AG includes time deposit accounts (0.10 - 0.40 %).
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with Deutsche Handelsbank AG are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. Deutsche Handelsbank AG offers the following time deposit accounts.
Updated on 15 February 2019
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
|Total Assets (2016)|
|180.78 mln EUR (+85.24%)|
In 2016 total assets of Deutsche Handelsbank AG were 180.78 mln EUR. Growth compared to the previous period (2015) was 85.24%. The evolution of the total assets of Deutsche Handelsbank AG is shown at Chart 1 below.
Chart 1. Total Assets of Deutsche Handelsbank AG.
|Net Income (2016)|
|-22 083 164.94 EUR (+188.00%)|
In 2016 net income of Deutsche Handelsbank AG was -22 083 164.94 EUR. Growth compared to the previous period (2015) was 188.00%. The evolution of the net income of Deutsche Handelsbank AG is shown at Chart 2 below.
Chart 2. Net Income of Deutsche Handelsbank AG.
|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 Handelsbank AG 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|
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 Handelsbank AG and its components are shown in the table below.
|Bank BIC Code||DEKT|
|Country Code||DE (Germany)|
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 Handelsbank AG is shown in the table below.