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.
Deutsche Pfandbriefbank AG is the 20th largest bank in Germany in terms of total assets. In 2018 its total assets were 53 453,00 mln EUR, providing the bank with the market share of 0.75%. In 2018 the bank's net income was 134,00 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 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. Deutsche Pfandbriefbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Deutsche Pfandbriefbank AG is headquartered in Garching.