Siemens Bank was established in 2010 as a wholly owned subsidiary of Siemens AG. Siemens Bank provides banking services primarily to companies, special purpose entities, and public-sector debtors. Siemens Bank does not offer products to retail banking customers.
Siemens Bank GmbH is the 110th largest bank in Germany in terms of total assets. In 2018 its total assets were 6 958,33 mln EUR, providing the bank with the market share of 0.10%. In 2018 the bank's net income was 0,00 EUR.
Siemens Bank GmbH is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).
Siemens Bank GmbH 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. Siemens Bank GmbH is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Siemens Bank GmbH is headquartered in München.