Established in 1959, Merkur Bank is an owner-managed private bank, providing financing and investment products and services to private individuals and SMEs. Merkur Bank offers current accounts, securities accounts, fixed term deposit and savings accounts; these accounts can be opened online. Financing products, including corporate financing for SMEs, developer funding and leasing refinancing, however are offered in the branches of Merkur Bank.
Becoming a client of MERKUR PRIVATBANK KGaA can be done in a few steps:
Due to regulatory requirements MERKUR PRIVATBANK KGaA performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual MERKUR PRIVATBANK KGaA will ask him/her to provide the following documents: passport; proof of address. For corporate clients MERKUR PRIVATBANK KGaA will ask to provide corporate documentation as well as information about controlling persons. MERKUR PRIVATBANK KGaA may request additional documentation or information depending on the case.
MERKUR PRIVATBANK KGaA is the 575th largest bank in Germany in terms of total assets. In 2018 its total assets were 1 352,79 mln EUR, providing the bank with the market share of 0.02%. In 2018 the bank's net income was 3,65 mln EUR.
MERKUR PRIVATBANK KGaA 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. MERKUR PRIVATBANK KGaA is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
MERKUR PRIVATBANK KGaA is headquartered in München.
MERKUR PRIVATBANK KGaA has profiles at the following social networks: