Aareal bank AG

Aareal Bank is a German credit institution specializing in structured property financing by facilitating property projects for domestic and international clients in Europe, North America and Asia. Aareal Bank offers financing for both commercial (in particular, office buildings, hotel, retail, logistics) and residential properties. Aareal Bank is also active at the capital markets by issuing of German covered bonds, promissory notes and debt securities. Aareal bank AG operates as a branch of Aareal Bank AG (Germany).

Bank Category

Branches of foreign banks

Aareal bank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

29 B RUE D ASTORG, 75008, PARIS 08, France

Aareal bank AG is located in PARIS 08.

Bank Identifiers

BIC (SWIFT)
AARBFRP1XXX
MFI ID
FR18989
Bank Sort Code
18989

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of EEA-banks operating in France participate in deposit guarantee schemes of their home countries. This means that Aareal bank AG participates in the deposit guarantee scheme of Germany.

In the case of Aareal bank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Aareal bank AG and its components are shown in the table below.

BIC  AARBFRP1XXX
Bank BIC Code  AARB
Country Code  FR (France)
Location Code  P1
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Aareal bank AG is shown in the table below.

MFI ID  FR18989

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  18989

European Presence: 6 banks in 6 countries

Aareal bank AG operates under the brand name Aareal Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

  •  (this bank) Aareal bank AG (PARIS 08)

Germany

Ireland

Italy

Poland

Sweden

Defunct Banks: 1 bank in 1 country

The following banks operating under Aareal Bank brand name has been recently closed down:

Belgium