Established in 1998, netbank is a direct bank offering banking products and services to retail and corporate customers. The bank is focused on providing consumer loans, current accounts and savings accounts. The product range of netbank is characterized by transparency, favorable conditions and high cost efficiency. Since July 2016 netbank operates under the brand of Augsburger Aktienbank AG.
In 2015 total assets of netbank AG were 909,89 mln EUR. In 2015 the bank's net income was -18,78 mln EUR.
netbank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
netbank AG was headquartered in Hamburg.