PSD Bank Nord eG is a cooperative bank owned by its members via shares. PSD Bank Nord 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).
Becoming a client of PSD Bank Nord eG can be done in a few steps:
Due to regulatory requirements PSD Bank Nord eG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual PSD Bank Nord eG will ask him/her to provide the following documents: passport; proof of address. For corporate clients PSD Bank Nord eG will ask to provide corporate documentation as well as information about controlling persons. PSD Bank Nord eG may request additional documentation or information depending on the case.
In 2019 total assets of PSD Bank Nord eG were 2 093,04 mln EUR. PSD Bank Nord eG is the 111th largest cooperative bank in Germany (out of 839 cooperative banks) having market share of 0.22% amongst the banks of this category.
PSD Bank Nord eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).
PSD Bank Nord 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 Nord eG is a member of BVR Institutssicherung GmbH and makes its contributions into it.
PSD Bank Nord eG is located in Hamburg.
PSD Bank Nord eG has profiles at the following social networks: