Deutsche Bank (Malta) Ltd

In June 2016 Deutsche Bank (Malta) Ltd voluntary surrendered its banking license.

Deutsche Bank (Malta) Ltd offered a range of administrative and banking services to hedge funds, fund of funds and other alternative investment vehicles. Deutsche Bank (Malta) Ltd provided administration services to support investment managers, financial sponsors and institutional investors internationally.

Financials

Total Assets (2014)
538.00 mln EUR  (-80.98%)
Number of Employees (2014)
 (-44.44%)

Deutsche Bank (Malta) Ltd was the 10th largest bank in Malta in terms of total assets. In 2014 its total assets were 538,00 mln EUR, providing the bank with the market share of 2.18%. Deutsche Bank (Malta) Ltd had 5 employees in 2014.

Deutsche Bank (Malta) Ltd participates in deposit guarantee scheme of Malta. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Deutsche Bank (Malta) Ltd is a member of Deutsche Bank (Germany).

Contacts

1E Forni, FRN 1913, Floriana, Malta
21373666
21377741

Deutsche Bank (Malta) Ltd was headquartered in Floriana.

Bank Identifiers

MFI ID
MTCIDEUT
Close Date
July 2016

Financial Positions

Total Assets (2014)
538.00 mln EUR  (-80.98%)

In 2014 total assets of Deutsche Bank (Malta) Ltd were 538.00 mln EUR. Decline compared to the previous period (2013) was -80.98%.

Profit and Loss

Annual Profit (2014)
9.00 mln EUR  (-80.85%)

Recent changes in gross profit of Deutsche Bank (Malta) Ltd and its main components are shown in Table 1.

2013 2014 % change
Net Interest Income 52.0 15.0 -71.15%
Net Commission Income 3.0 1.0 -66.67%
Table 1. Recent changes in gross profit of Deutsche Bank (Malta) Ltd (mln EUR).

In 2014 annual profit of Deutsche Bank (Malta) Ltd was 9.00 mln EUR. Decline compared to the previous period (2013) was -80.85%.

Number of Employees

Number of Employees (2014)
 (-44.44%)

In 2014 there were 5 employees of Deutsche Bank (Malta) Ltd. Decline compared to the previous period (2013) was -44.44%.

Market Share and Rank (among banks in Malta)

Total Assets (2014)
10th (market share 2.18%)

In 2014 Deutsche Bank (Malta) Ltd was ranked the 10th largest bank in Malta in terms of total assets, having 2.18% of the domestic market share.

Market share of Deutsche Bank (Malta) Ltd (among banks in Malta)

Chart 1. Market share of Deutsche Bank (Malta) Ltd (among banks in Malta)

Several banks having the market shares and ranks closest to Deutsche Bank (Malta) Ltd are shown below.

RankNameTotal AssetsMarket Share
9BNF Bank plc619.00 mln EUR2.01%
10Deutsche Bank (Malta) Ltd (closed)538.00 mln EUR2.18%
10Sparkasse Bank Malta plc442.00 mln EUR1.86%
 

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 Malta are obliged to participate in Maltese deposit guarantee scheme.

In the case of Deutsche Bank (Malta) Ltd failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  most types of deposit are covered, including current, deposit and savings accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  in the same currency as the deposit

Further Information

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 Deutsche Bank (Malta) Ltd is shown in the table below.

MFI ID  MTCIDEUT

Domestic Presence

Branches (2014)
1

In 2014 Deutsche Bank (Malta) Ltd had 1 branches in Malta.

European Presence: 32 banks in 19 countries

Deutsche Bank (Malta) Ltd operated under the brand name Deutsche Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Cayman Islands

Czech Republic

France

Germany

Greece

Hungary

Ireland

Italy

Luxembourg

Netherlands

Poland

Portugal

Spain

Sweden

Switzerland

Turkey

United Kingdom

Defunct Banks: 7 banks in 7 countries

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

Denmark

Finland

Hungary

Malta

  • (this bank) Deutsche Bank (Malta) Ltd (Floriana)

Netherlands

Norway

Spain