Deutsche Bank is a universal bank, one of the biggest European banks in terms of total assets. Deutsche Bank has large presence in Europe, the Americas, Asia-Pasific countries and emerging markers. Deutsche Bank provides a wide range of retail, corporate and investment banking products as well as asset and wealth management. Deutsche bank AG operates as a branch of DEUTSCHE BANK AG (Germany).
Deutsche bank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).
Deutsche bank AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Deutsche bank AG is located in PARIS CEDEX 08.
|- (not rated)||A3 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Deutsche bank AG is rated by Moody's.
Credit ratings assigned to Deutsche bank AG as of May 2018 are shown in details in the following sections.
Long-term rating for Deutsche bank AG it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is not set. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A3|
Outlook for the ratings of Deutsche bank AG is set to negative (may be lowered).
|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 Deutsche bank AG participates in the deposit guarantee scheme of Germany.
In the case of Deutsche 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|
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 Deutsche bank AG and its components are shown in the table below.
|Bank BIC Code||DEUT|
|Country Code||FR (France)|
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 Deutsche bank AG is shown in the table below.
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||17789|
The following banks operating under Deutsche Bank brand name has been recently closed down: