abcbank is affiliated Werhahn Group, a group of companies with over 170 years of tradition and a very close connection to medium-sized companies. abcbank provides savings accounts, time deposit accounts, business loans and insurance to private individuals, SMEs and large companies. abcfinance, a sister company of abcbank, offers medium-sized companies a comprehensive range of products in the areas of leasing, sales financing and factoring.
Becoming a client of abcbank GmbH can be done in a few steps:
Due to regulatory requirements abcbank GmbH performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual abcbank GmbH will ask him/her to provide the following documents: passport; proof of address. For corporate clients abcbank GmbH will ask to provide corporate documentation as well as information about controlling persons. abcbank GmbH may request additional documentation or information depending on the case.
abcbank GmbH is the 335th largest bank in Germany in terms of total assets. In 2017 its total assets were 2 365,85 mln EUR, providing the bank with the market share of 0.03%. In 2017 the bank's net income was 3,94 mln EUR.
abcbank 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. abcbank GmbH is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
abcbank GmbH is headquartered in Köln.