Deutsche Pfandbriefbank AG

Deutsche Pfandbriefbank AG was formed in June 2009 when two Pfandbriefbanks (eng - mortgage bond banks), Hypo Real Estate Bank AG and DEPFA Deutsche Pfandbriefbank AG were merged. Deutsche Pfandbriefbank specializes in financing of commercial real estate investments and public investment projects. The bank is the largest issuer of Pfandbriefe and an important issuer of covered bonds in Europe. Since 16 July 2015, Deutsche Pfandbriefbank AG is listed in the Prime Standard segment of the Regulated Market of the Frankfurt Stock Exchange.

Services

Retail Banking
Public Investment Finance
Real Estate Finance

Products

Financials

Total Assets (2017)
53 341.00 mln EUR  (-6.07%)
Net Income (2017)
144.00 mln EUR  (+2.13%)

In 2017 total assets of Deutsche Pfandbriefbank AG were 53 341,00 mln EUR. In 2017 the bank's net income was 144,00 mln EUR.

Deutsche Pfandbriefbank AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality).

Deutsche Pfandbriefbank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Freisinger Straße 5, 85716, Unterschleißheim, Germany

Deutsche Pfandbriefbank AG is headquartered in Unterschleißheim.

Bank Identifiers

BIC (SWIFT)
REBMDEMMXXX
MFI ID
DE03249

Business Summary

Services
retail banking
public investment finance
real estate finance
Products
savings accounts (0.00 - 0.70 %)
time deposit accounts (0.10 - 3.00 %)

Deutsche Pfandbriefbank AG provides products and services in the areas of retail banking, public investment finance, real estate finance. The range of products offered by Deutsche Pfandbriefbank AG includes savings accounts (0.00 - 0.70 %), time deposit accounts (0.10 - 3.00 %).

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with Deutsche Pfandbriefbank AG are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. Deutsche Pfandbriefbank AG offers the following savings accounts.

Updated on 15 December 2018

Tagesgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
1 - 99
Investment Amount
5000 - 500000 EUR
Interest Frequency
4 times a year
Tagesgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.00 %
Deposit Term (months)
1 - 99
Investment Amount
500001 - 999999 EUR
Interest Frequency
4 times a year
USD-Tagesgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
USD-Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
1 - 99
Investment Amount
5000 - 500000 EUR
Interest Frequency
1 times a year
USD-Tagesgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
USD-Tagesgeld
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term (months)
1 - 99
Investment Amount
500001 - 999999 EUR
Interest Frequency
1 times a year

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.

See Also

Time Deposit Accounts

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 Pfandbriefbank AG are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. Deutsche Pfandbriefbank AG offers the following time deposit accounts.

Updated on 15 December 2018

Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
6
Investment Amount
5000 - 999999 EUR
Interest Frequency
2 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.25 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.25 %
Deposit Term (months)
12
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
USD-Festgeld
Sales Region
Germany
Account Currency
USD
Interest Rate (p.a.)
1.75 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
USD-Festgeld
Account Currency
USD
Interest Rate (p.a.)
1.75 %
Deposit Term (months)
12
Investment Amount
5000 - 999999 USD
Interest Frequency
1 times a year
FestgeldPLUS
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.15 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
FestgeldPLUS
Account Currency
EUR
Interest Rate (p.a.)
0.15 %
Deposit Term (months)
12
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
24
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
USD-Festgeld
Sales Region
Germany
Account Currency
USD
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
USD-Festgeld
Account Currency
USD
Interest Rate (p.a.)
2.00 %
Deposit Term (months)
24
Investment Amount
5000 - 999999 USD
Interest Frequency
1 times a year
FestgeldPLUS
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.45 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
FestgeldPLUS
Account Currency
EUR
Interest Rate (p.a.)
0.45 %
Deposit Term (months)
24
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
USD-Festgeld
Sales Region
Germany
Account Currency
USD
Interest Rate (p.a.)
2.40 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
USD-Festgeld
Account Currency
USD
Interest Rate (p.a.)
2.40 %
Deposit Term (months)
36
Investment Amount
5000 - 999999 USD
Interest Frequency
1 times a year
FestgeldPLUS
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
FestgeldPLUS
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
36
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
36
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
60
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
USD-Festgeld
Sales Region
Germany
Account Currency
USD
Interest Rate (p.a.)
2.70 %
Deposit Term (months)
60
Time Deposit Account Details
Product Name
USD-Festgeld
Account Currency
USD
Interest Rate (p.a.)
2.70 %
Deposit Term (months)
60
Investment Amount
5000 - 999999 USD
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.40 %
Deposit Term (months)
120
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
1.40 %
Deposit Term (months)
120
Investment Amount
5000 - 999999 EUR
Interest Frequency
1 times a year
USD-Festgeld
Sales Region
Germany
Account Currency
USD
Interest Rate (p.a.)
3.00 %
Deposit Term (months)
120
Time Deposit Account Details
Product Name
USD-Festgeld
Account Currency
USD
Interest Rate (p.a.)
3.00 %
Deposit Term (months)
120
Investment Amount
5000 - 999999 USD
Interest Frequency
1 times a year

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.

See Also

Financial Positions

Total Assets (2017)
53 341.00 mln EUR  (-6.07%)

In 2017 total assets of Deutsche Pfandbriefbank AG were 53 341.00 mln EUR. Decline compared to the previous period (2016) was -6.07%. The evolution of the total assets of Deutsche Pfandbriefbank AG is shown at Chart 1 below.

Total Assets of Deutsche Pfandbriefbank AG.

Chart 1. Total Assets of Deutsche Pfandbriefbank AG.

Profit and Loss

Net Income (2017)
144.00 mln EUR  (+2.13%)

In 2017 net income of Deutsche Pfandbriefbank AG was 144.00 mln EUR. Growth compared to the previous period (2016) was 2.13%. The evolution of the net income of Deutsche Pfandbriefbank AG is shown at Chart 2 below.

Net Income of Deutsche Pfandbriefbank AG.

Chart 2. Net Income of Deutsche Pfandbriefbank AG.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
21st (market share 0.80%)

In 2016 Deutsche Pfandbriefbank AG was ranked the 21st largest bank in Germany in terms of total assets, having 0.80% of the domestic market share.

Market share of Deutsche Pfandbriefbank AG (among banks in Germany)

Chart 3. Market share of Deutsche Pfandbriefbank AG (among banks in Germany)

Several banks having the market shares and ranks closest to Deutsche Pfandbriefbank AG are shown below.

RankNameTotal AssetsMarket Share
20Volkswagen Bank GmbH60671.30 mln EUR0.86%
21Deutsche Pfandbriefbank AG56788.00 mln EUR0.80%
22Landesbank Berlin AG45873.72 mln EUR0.65%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A- (high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Deutsche Pfandbriefbank AG is rated by Fitch.

Credit ratings assigned to Deutsche Pfandbriefbank AG 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 Pfandbriefbank AG it is set to A- (high credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for Deutsche Pfandbriefbank AG is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A-
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  bb+
Support Rating  1
Support Rating Floor  A-

Viability rating for Deutsche Pfandbriefbank AG is set to bb+ (speculative fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is A- (high credit quality).

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 Pfandbriefbank 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

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 Pfandbriefbank AG and its components are shown in the table below.

BIC  REBMDEMMXXX
Bank BIC Code  REBM
Country Code  DE (Germany)
Location Code  MM
Branch Code  XXX

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 Pfandbriefbank AG is shown in the table below.

MFI ID  DE03249

European Presence: 5 banks in 5 countries

Deutsche Pfandbriefbank AG operates under the brand name Deutsche Pfandbriefbank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Germany

  • (this bank) Deutsche Pfandbriefbank AG (Unterschleißheim)

Spain

Sweden

United Kingdom

Defunct Banks: 1 bank in 1 country

The following banks operating under Deutsche Pfandbriefbank brand name has been recently closed down:

Italy