DZ PRIVATBANK S.A.

DZ PRIVATBANK specializes in private banking, currency financing and fund services. DZ PRIVATBANK S.A. operates as a subsidiary of DZ PRIVATBANK (Germany).

Financials

Total Assets (2017)
15 659.00 mln EUR  (-1.60%)
Annual Profit (2017)
11.00 mln EUR 
Number of Employees (2017)
912  (+0.33%)

In 2017 total assets of DZ PRIVATBANK S.A. were 15 659,00 mln EUR. In 2017 the bank's annual profit was 11,00 mln EUR. DZ PRIVATBANK S.A. had 912 employees in 2017.

DZ PRIVATBANK S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

DZ PRIVATBANK S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 DZ Bank (Germany)

Contacts

4, rue Thomas Edison, 1445, STRASSEN, Luxembourg
661
+352 44 903 1
+352 44 903 2001

DZ PRIVATBANK S.A. is headquartered in STRASSEN.

Bank Identifiers

BIC (SWIFT)
GENOLULL
MFI ID
LUB00107
Start Date
January 1978

Financial Positions

Total Assets (2017)
15 659.00 mln EUR  (-1.60%)

In 2017 total assets of DZ PRIVATBANK S.A. were 15 659.00 mln EUR. Decline compared to the previous period (2016) was -1.60%. The evolution of the total assets of DZ PRIVATBANK S.A. is shown at Chart 1 below.

Total Assets of DZ PRIVATBANK S.A..

Chart 1. Total Assets of DZ PRIVATBANK S.A..

Profit and Loss

Annual Profit (2017)
11.00 mln EUR 

Recent changes in gross profit of DZ PRIVATBANK S.A. and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 77.0 65.0 -15.58%
Net Commission Income 125.0 131.0 +4.80%
Table 1. Recent changes in gross profit of DZ PRIVATBANK S.A. (mln EUR).

In 2017 annual profit of DZ PRIVATBANK S.A. was 11.00 mln EUR. The value didn't change compared to the previous period (2016). The evolution of the annual profit of DZ PRIVATBANK S.A. is shown at Chart 2 below.

Annual Profit of DZ PRIVATBANK S.A..

Chart 2. Annual Profit of DZ PRIVATBANK S.A..

Number of Employees

Number of Employees (2017)
912  (+0.33%)

In 2017 there were 912 employees of DZ PRIVATBANK S.A.. Growth compared to the previous period (2016) was 0.33%. The evolution of the number of employees of DZ PRIVATBANK S.A. is shown at Chart 3 below.

Number of Employees of DZ PRIVATBANK S.A..

Chart 3. Number of Employees of DZ PRIVATBANK S.A..

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. DZ PRIVATBANK S.A. is rated by Fitch.

Credit ratings assigned to DZ PRIVATBANK S.A. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for DZ PRIVATBANK S.A. it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for DZ PRIVATBANK S.A. is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  WD
Support Rating Floor  -

Viability rating for DZ PRIVATBANK S.A. is not set support rating is WD; support rating floor is not set.

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 credit institutions operating in Luxembourg are obliged to participate in Luxembourg deposit guarantee scheme.

In the case of DZ PRIVATBANK S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, small businesses with headquarters in EU
Covered Accounts  all cash deposits
Covered Currencies  all
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 DZ PRIVATBANK S.A. and its components are shown in the table below.

BIC  GENOLULL
Bank BIC Code  GENO
Country Code  LU (Luxembourg)
Location Code  LL
Branch Code  -

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 DZ PRIVATBANK S.A. is shown in the table below.

MFI ID  LUB00107

European Presence: 3 banks in 3 countries

DZ PRIVATBANK S.A. operates under the brand name DZ Privatbank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

Luxembourg

  •  (this bank) DZ PRIVATBANK S.A. (STRASSEN)

Switzerland