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 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. netbank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
netbank AG was headquartered in Hamburg.