PSD Bank Nord eG

 (3.3; 27 ratings)
3.3 27
Business Focus
cooperative retail banking

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).

Bank Category

Cooperative banks

Services

retail banking
securities services
insurance

Clients

natural persons
small- and medium-sized enterprises
companies

Area Served

DEGermany

Products

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

Account Opening

Becoming a client of PSD Bank Nord eG can be done in a few steps:

1.
Submit online application

Ways to Bank

PSD Bank Nord 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 Nord eG
Market Share of PSD Bank Nord eG
Total Assets (2019)
2,093.04 mln EUR  (+2.01%)

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.

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 Nord 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 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.

Contacts

Schloßstraße 10, 22041, Hamburg, Germany
701380

PSD Bank Nord eG is located in Hamburg.

Social Networks

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

Bank Identifiers

BIC (SWIFT)
PSNODE21XXX
LEI
529900WCSH33UUPXPH12
MFI ID
DE01786