Joh. Berenberg, Gossler & Co. KG

Joh. Berenberg, Gossler & Co., commonly known as Berenberg Bank was established in 1590 and is one of the oldest private banks in Germany. Berenberg Bank specializes in private banking, investment banking, asset management and corporate banking.

Financials

Total Assets (2017)
4 741.34 mln EUR  (+0.53%)

In 2017 total assets of Joh. Berenberg, Gossler & Co. KG were 4 741,34 mln EUR.

Joh. Berenberg, Gossler & Co. KG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Neuer Jungfernstieg 20, 20354, Hamburg, Germany
30 05 47

Joh. Berenberg, Gossler & Co. KG is headquartered in Hamburg.

Bank Identifiers

BIC (SWIFT)
BEGODEHHXXX
MFI ID
DE00223

Financial Positions

Total Assets (2017)
4 741.34 mln EUR  (+0.53%)

In 2017 total assets of Joh. Berenberg, Gossler & Co. KG were 4 741.34 mln EUR. Growth compared to the previous period (2016) was 0.53%. The evolution of the total assets of Joh. Berenberg, Gossler & Co. KG is shown at Chart 1 below.

Total Assets of Joh. Berenberg, Gossler & Co. KG.

Chart 1. Total Assets of Joh. Berenberg, Gossler & Co. KG.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
159th (market share 0.07%)

In 2016 Joh. Berenberg, Gossler & Co. KG was ranked the 159th largest bank in Germany in terms of total assets, having 0.07% of the domestic market share.

Market share of Joh. Berenberg, Gossler & Co. KG (among banks in Germany)

Chart 2. Market share of Joh. Berenberg, Gossler & Co. KG (among banks in Germany)

Several banks having the market shares and ranks closest to Joh. Berenberg, Gossler & Co. KG are shown below.

RankNameTotal AssetsMarket Share
158CreditPlus Bank AG4725.13 mln EUR0.07%
159Joh. Berenberg, Gossler & Co. KG4716.31 mln EUR0.07%
160Stadt- und Kreissparkasse Erlangen Höchstadt Herzogenaurach4693.10 mln EUR0.07%
 

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 Joh. Berenberg, Gossler & Co. KG 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 Joh. Berenberg, Gossler & Co. KG and its components are shown in the table below.

BIC  BEGODEHHXXX
Bank BIC Code  BEGO
Country Code  DE (Germany)
Location Code  HH
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 Joh. Berenberg, Gossler & Co. KG is shown in the table below.

MFI ID  DE00223

European Presence: 6 banks in 6 countries

Joh. Berenberg, Gossler & Co. KG operates under the brand name Berenberg. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

France

Germany

  • (this bank) Joh. Berenberg, Gossler & Co. KG (Hamburg)

Luxembourg

Switzerland

United Kingdom