Deutsche Postbank AG

Anna MileikoCreated by Anna Mileiko

Deutsche Postbank AG Logo

Address

Friedrich-Ebert-Allee 114-126, 53113, Bonn, Germany

BIC

PBNKDEFFXXX

Overview

Category

Commercial banks

Business Focus

retail banking

Deutsche Postbank was formed in 1990 as a result of de-merger postal savings division from Deutsche Post. Deutsche Postbank offers retail and corporate banking and insurance simple, low-priced and fair products and services to its individual and business customers via Internet and mobile banking, telephone, a wide branch network and postal offices. Since May 2018, Deutsche Postbank operates as a branch of DB Privat- und Firmenkundenbank AG.

Performance

In 2017, Deutsche Postbank AG achieved the position of 13th largest bank in Germany with a market share of 1.82%; its total assets dropped by 1.71%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Deutsche Postbank AG.

Services

retail banking
corporate banking
insurance

Area Served

DEGermany

Products

debit cards
credit cards
savings accounts
time deposit accounts

See Also

Financials

Total Assets of Deutsche Postbank AG
Net_income of Deutsche Postbank AG
Market Share of Deutsche Postbank AG
Total Assets (2017)
124.59 bln EUR   (-1.71%)
Net Income (2017)
0.00 EUR

Deutsche Postbank AG was the 13th largest bank in Germany in terms of total assets. In 2017 its total assets were 124,59 bln EUR, providing the bank with the market share of 1.82%. In 2017 the bank's net income was 0,00 EUR.

Credit Ratings

Fitch: BBB+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Deutsche Postbank AG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Deposit Guarantee

Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

Deutsche Postbank AG participates in the deposit guarantee scheme of Germany which applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Deutsche Postbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

See Also

Contacts

addressFriedrich-Ebert-Allee 114-126, 53113, Bonn, Germany
po box40 00
phone228 920 0
fax228 920 35151

Deutsche Postbank AG was headquartered in Bonn.

See Also

Bank Identifiers

BIC (SWIFT)
PBNKDEFFXXX
MFI ID
DE03485

Bank History

Close Date
May 2018
Flag of Germany

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