PSD Bank West eG

 (4.0; 4 ratings)
4.0 4
Business Focus
cooperative retail banking

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

Bank Category

Cooperative banks

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

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

Financials

Total Assets of PSD Bank West eG
Market Share of PSD Bank West eG
Total Assets (2019)
1,719.70 mln EUR  (+7.21%)

In 2019 total assets of PSD Bank West eG were 1 719,70 mln EUR. PSD Bank West eG is the 152nd largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.18% 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 West eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

Deposit Guarantee

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

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

Contacts

Laurenzplatz 2, 50667, Köln, Germany
102755

PSD Bank West eG is located in Köln.

Bank Identifiers

BIC (SWIFT)
GENODEF1P1O
LEI
529900COPYLMXONPTC24
MFI ID
DE01792

Bank History

Previous Name
PSD Bank Köln eG