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.
Germany
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.
Deutsche Postbank AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).
Deutsche Postbank 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 Postbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Deutsche Bank (Germany)Deutsche Postbank AG was headquartered in Bonn.
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