Hamburg Commecrical Bank (formerly known as HSH Nordbank) was established in 2003 as a result of the merger between Hamburgische Landesbank and Landesbank Schleswig-Holstein. Hamburg Commecrical Bank is focused on providing private and corporate banking products and services to large- and medium-sized German business entities and their owners.
Hamburg Commercial Bank AG is the 18th largest bank in Germany in terms of total assets. In 2017 its total assets were 70 330,50 mln EUR, providing the bank with the market share of 1.02%. Hamburg Commercial Bank AG is the 5th largest landesbanken in Germany (out of 8 landesbanken) having market share of 8.10% amongst the banks of this category. In 2017 the bank's net income was -753,91 mln EUR.
Hamburg Commercial Bank 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 Baa3 (lower medium grade).
Hamburg Commercial Bank 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. Hamburg Commercial Bank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Hamburg Commercial Bank AG is headquartered in Hamburg.