net-m Privatbank AG 1891 is a 100% subsidiary of net mobile AG and a part of NTT DOCOMO Group (Japan). In the areas of retail and corporate banking, net-m Privatbank AG in 1891 specializes in products that are innovative and tailored to the needs of each target group. Since December 2017 net-m Privatbank 1891 AG is doing business as Privatbank 1891. net-m privatbabnk 1891 AG (PrivatBank 1891) ceased its banking operations with effect from March 25, 2022 and declared to the Federal Financial Supervisory Authority (BaFin) that it would waive its license to operate banking transactions in accordance with Section 24 (1) No. 4 KWG.
In 2020, net-m privatbank 1891 AG achieved the position of 1281st largest bank in Germany with a market share of 0.00%; its total assets dropped by 49.75%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in net-m privatbank 1891 AG.
net-m privatbank 1891 AG ranked as the 1281st largest bank in Germany by total assets. In 2020 its total assets were 134.82 mln EUR, representing a 0.00% market share. In 2020 the bank's net income was -6.09 mln EUR.
net-m privatbank 1891 AG protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Entschädigungseinrichtung deutscher Banken GmbH (EdB), making regular contributions into it.
net-m privatbank 1891 AG was headquartered in Bielefeld.