Depfa Public Finance Bank (Ireland)

Depfa Public Finance Bank

Address

1 Commons Street, 1, Dublin, Ireland

BIC

HYVEIE2XXXX

Overview

Business Focus

asset covered securities

DePfa Bank (Deutsche Pfandbriefbank) was until 2014 a Dublin-based German-Irish bank providing financial services to the public sector and financing infrastructure projects. In 2008-2010, DePfa Bank was bailed out by German government and restructured. Depfa Public Finance Bank was used as a 'bad bank' during the DePfa's bailout by the German government.

Deposit Protection

Deposits up to 100,000 EUR are covered by Irish deposit guarantee scheme in Depfa Public Finance Bank.

Credit Ratings

Fitch: BBB+

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: -

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Depfa Public Finance Bank is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Irish Deposit Guarantee Scheme (DGS)

Covered Accounts

any credit balance on an account with a bank

Eligible Depositors

natural persons
small companies

Depfa Public Finance Bank protects deposits up to up to 100,000 EUR per depositor through Ireland's deposit guarantee scheme. The scheme applies to any credit balance on an account with a bank made by natural persons, small companies. The bank participates in the Irish Deposit Guarantee Scheme (DGS), making regular contributions into it.