Wüstenrot Bank AG Pfandbriefbank

Founded in 1968, Wüstenrot Bank AG Pfandbriefbank is a universal bank with the business focus on financing construction. The bank also offers current accounts, various deposit accounts, personal loans and securities transactions.

Services

Retail Banking
Securities Services

Products

Financials

Total Assets (2017)
1 513.04 mln EUR  (-84.00%)
Net Income (2017)
233.20 mln EUR

In 2017 total assets of Wüstenrot Bank AG Pfandbriefbank were 1 513,04 mln EUR. In 2017 the bank's net income was 233,20 mln EUR.

Wüstenrot Bank AG Pfandbriefbank is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Wüstenrot Bank AG Pfandbriefbank participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Hohenzollernstraße 46/Wüstenrotstraße 1, 71638, Ludwigsburg, Württ, Germany

Wüstenrot Bank AG Pfandbriefbank is headquartered in Ludwigsburg, Württ.

Bank Identifiers

BIC (SWIFT)
WBAGDE6LXXX
MFI ID
DE05633

Business Summary

Business Focus
financing construction
Services
retail banking
securities services
Products
current accounts
savings accounts
credit cards
consumer loans
mortgage loans
securities transactions
trading accounts

Wüstenrot Bank AG Pfandbriefbank is focused on financing construction. Wüstenrot Bank AG Pfandbriefbank provides products and services in the areas of retail banking, securities services. The range of products offered by Wüstenrot Bank AG Pfandbriefbank includes current accounts, savings accounts, credit cards, consumer loans, mortgage loans, securities transactions, trading accounts.

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with Wüstenrot Bank AG Pfandbriefbank are covered by deposit guarantee scheme of Germany up to 100 000 EUR per depositor. The following current accounts are offered by Wüstenrot Bank AG Pfandbriefbank.

Updated on 15 December 2018

Top Giro
Sales Region
Germany
Account Currency
EUR
Annual Costs (EUR)
0
Overdraft Rate (p.a.)
10.87 %
Current Account Details
Product Name
Top Giro
Account Currency
EUR
Overdraft Rate (p.a.)
10.87 %
Debit Card
Visa Credit Card
Visa Credit Card Costs (p.a.)
19 EUR
MasterCard Credit Card
Telephone Banking
Branch Banking
Online Banking

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by Wüstenrot Bank AG Pfandbriefbank.

Updated on 15 December 2018

Visa Gold
Sales Region
Germany
Card Currency
EUR
Card Provider
Visa
Card Type
Gold
Annual Costs (EUR)
0 - 39
Credit Card Details
Product Name
Visa Gold
Card Provider
Visa
Card Type
Gold
Card Currency
EUR
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
1.50 %
Current Account Necessary
Bonus Program
Visa Premium
Sales Region
Germany
Card Currency
EUR
Card Provider
Visa
Card Type
Standard
Annual Costs (EUR)
0 - 79
Credit Card Details
Product Name
Visa Premium
Card Provider
Visa
Card Type
Standard
Card Currency
EUR
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
1.50 %
Current Account Necessary
Bonus Program

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts made with Wüstenrot Bank AG Pfandbriefbank are covered by investor compensation scheme of Germany up to 20 000 EUR per investor. Trading accounts offered by Wüstenrot Bank AG Pfandbriefbank are shown in the table below.

Updated on 15 December 2018

Sales Region
Germany
Annual Costs (EUR)
0.00
Costs per Order (EUR)
11.40 - 24.90
Trading Account Details
Annual Costs
0.00 EUR
Costs per Order
11.40 - 24.90 EUR
Traded Instruments
stocks
bonds
options
certificates
Stock Exchanges
XETRA
Frankfurt
NYSE

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2017)
1 513.04 mln EUR  (-84.00%)

In 2017 total assets of Wüstenrot Bank AG Pfandbriefbank were 1 513.04 mln EUR. Decline compared to the previous period (2016) was -84.00%. The evolution of the total assets of Wüstenrot Bank AG Pfandbriefbank is shown at Chart 1 below.

Total Assets of Wüstenrot Bank AG Pfandbriefbank.

Chart 1. Total Assets of Wüstenrot Bank AG Pfandbriefbank.

Profit and Loss

Net Income (2017)
233.20 mln EUR

In 2017 net income of Wüstenrot Bank AG Pfandbriefbank was 233.20 mln EUR.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
79th (market share 0.13%)

In 2016 Wüstenrot Bank AG Pfandbriefbank was ranked the 79th largest bank in Germany in terms of total assets, having 0.13% of the domestic market share.

Market share of Wüstenrot Bank AG Pfandbriefbank (among banks in Germany)

Chart 2. Market share of Wüstenrot Bank AG Pfandbriefbank (among banks in Germany)

Several banks having the market shares and ranks closest to Wüstenrot Bank AG Pfandbriefbank are shown below.

RankNameTotal AssetsMarket Share
78Investitions- und Strukturbank Rheinland-Pfalz (ISB)10178.15 mln EUR0.14%
79Wüstenrot Bank AG Pfandbriefbank9455.94 mln EUR0.13%
80Sparda-Bank Südwest eG9437.23 mln EUR0.13%
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Wüstenrot Bank AG Pfandbriefbank is rated by Fitch.

Credit ratings assigned to Wüstenrot Bank AG Pfandbriefbank as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Wüstenrot Bank AG Pfandbriefbank it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Wüstenrot Bank AG Pfandbriefbank is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb
Support Rating  2
Support Rating Floor  WD

Viability rating for Wüstenrot Bank AG Pfandbriefbank is set to bbb (good fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is WD (withdrawn).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Wüstenrot Bank AG Pfandbriefbank failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Wüstenrot Bank AG Pfandbriefbank and its components are shown in the table below.

BIC  WBAGDE6LXXX
Bank BIC Code  WBAG
Country Code  DE (Germany)
Location Code  6L
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Wüstenrot Bank AG Pfandbriefbank is shown in the table below.

MFI ID  DE05633

European Presence: 3 banks in 2 countries

Wüstenrot Bank AG Pfandbriefbank operates under the brand name Wuestenrot Bausparkasse. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

Luxembourg