On 4 December 2018, SEB AG changed its name to DSK Hyp AG (Deutsch-Scandinavische Hypothekenbank). By the time of renaming the banking business of SEB AG consisted mainly of issuing mortgage-backed bonds (Pfandbriefe). In addition, using the name DSK Hyp AG allows to avoid confusion with SEB AB Frankfurt Branch, operating in Germany as a corporate bank providing comprehensive solutions for corporate and institutional clients.
DSK Hyp AG is the 53rd largest bank in Germany in terms of total assets. In 2017 its total assets were 17 294,80 mln EUR, providing the bank with the market share of 0.25%. DSK Hyp AG is the 5th largest mortgage bank in Germany (out of 7 mortgage banks) having market share of 10.62% amongst the banks of this category. In 2017 the bank's net income was 0,00 EUR.
DSK Hyp AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).
DSK Hyp AG 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. DSK Hyp AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
DSK Hyp AG is headquartered in Frankfurt Am Main.