PSD Bank Braunschweig eG

Anna MileikoCreated by Anna Mileiko

PSD Bank Braunschweig eG Logo

Address

Altstadtmarkt 11, 38100, Braunschweig, Germany

BIC

GENODEF1PX2

Overview

Business Focus

cooperative retail banking

PSD Bank Braunschweig eG is a cooperative bank owned by its members via shares.PSD Bank Braunschweig eG provides retail banking products and services to its customersfocusing on customer requirements and development of local economy, paying special attention tosmall and medium-sized enterprises (SMEs).

Performance

In 2023, PSD Bank Braunschweig eG achieved the position of 682nd largest bank in Germany with a market share of 0.01%; its total assets dropped by 0.05%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in PSD Bank Braunschweig eG.

Services

retail banking
securities services
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans

Card Providers

VisaMasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

PSD Bank Braunschweig eG delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking
mobile app mobile app
phone phone

Financials

Total Assets of PSD Bank Braunschweig eG
Market Share of PSD Bank Braunschweig eG
Total Assets (2023)
881.14 mln EUR   (-0.05%)

PSD Bank Braunschweig eG is the 682nd largest bank in Germany in terms of total assets. In 2023 its total assets were 881,14 mln EUR, providing the bank with the market share of 0.01%. PSD Bank Braunschweig eG is the 321st largest cooperative bank in Germany (out of 695 cooperative banks) having market share of 0.08% amongst the banks of this category.

Credit Ratings

Fitch: AA-
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

PSD Bank Braunschweig eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

Guarantee Fund
BVR Institutssicherung GmbH
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

PSD Bank Braunschweig eG 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. PSD Bank Braunschweig eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.

See Also

Contacts

addressAltstadtmarkt 11, 38100, Braunschweig, Germany
po box4010
websitehttps://www.psd-braunschweig.de/

PSD Bank Braunschweig eG is located in Braunschweig.

Social Networks

PSD Bank Braunschweig eG has profiles at the following social networks:

See Also

Bank Identifiers

BIC (SWIFT)
GENODEF1PX2
LEI
5299007YNRS66KKG0810
MFI ID
DE01788
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