net-m privatbank 1891 AG

Anna Mileiko Created by Anna Mileiko

net-m privatbank 1891 AG Logo

Address

Ritterstraße 19, 33602, Bielefeld, Germany

BIC

BVWBDE2WXXX

Overview

Category

Commercial banks

Business Focus

retail and business banking

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.

Performance

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%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in net-m privatbank 1891 AG.

Services

retail banking
business banking

Products

current accounts
savings accounts
business loans
factoring

See Also

Ways to Bank

net-m privatbank 1891 AG delivered its products and services through both direct and indirect channels, namely:
net-m privatbank 1891 AG Ways to Bank
branch branch
online banking online banking

Financials

Total Assets of net-m privatbank 1891 AG
Net_income of net-m privatbank 1891 AG
Market Share of net-m privatbank 1891 AG
Total Assets (2020)
134.82 mln EUR   (-49.75%)
Net Income (2020)
-6,092,918.66 EUR   (-31.54%)

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.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Covered Accounts
all deposit accounts
Eligible Depositors
individuals
companies

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.

See Also

Contacts

addressRitterstraße 19, 33602, Bielefeld, Germany
websitehttps://www.privatbank1891.com/

net-m privatbank 1891 AG was headquartered in Bielefeld.

Bank Identifiers

BIC (SWIFT)
BVWBDE2WXXX
LEI
3912001LD8RUVNQECS69
MFI ID
DE00093

Bank History

Close Date
March 2022
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