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.
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%. In 2014 the bank's profit before taxes was 14,00 mln EUR. 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 (Germany)Deutsche Bank (Malta) Ltd is a member of Deutsche Bank (Germany).
Deutsche Bank (Malta) Ltd was headquartered in Floriana.
| 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 before Taxes (2014) |
|---|
| 14.00 mln EUR (-80.56%) |
| 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 profit before taxes of Deutsche Bank (Malta) Ltd was 14.00 mln EUR. Decline compared to the previous period (2013) was -80.56%.
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 (2014) |
|---|
| 5 (-44.44%) |
In 2014 there were 5 employees of Deutsche Bank (Malta) Ltd. Decline compared to the previous period (2013) was -44.44%.
| 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.
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.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 9 |  BNF Bank plc | 619.00 mln EUR | 2.09% |
| 10 | Deutsche Bank (Malta) Ltd (closed) | 538.00 mln EUR | 2.18% |
| 10 |  Sparkasse Bank Malta plc | 442.00 mln EUR | 1.92% |
| 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, except for branches of non-EEA banks, 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 |
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 |
| Branches (2014) |
|---|
| 1 |
In 2014 Deutsche Bank (Malta) Ltd had 1 branches in Malta.
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:
DB Investment Services GmbH (Frankfurt am Main)DB Privat- und Firmenkundenbank AG (Frankfurt am Main)Deutsche Bank AG (Frankfurt am Main)Deutsche Bank Bauspar-Aktiengesellschaft (Frankfurt am Main)Deutsche Bank Europe GmbH (Frankfurt am Main)Deutsche Bank AG, Frankfurt (Allemagne), succursale de Luxembourg (LUXEMBOURG)Deutsche Bank Luxembourg S.A. (LUXEMBOURG)Postbank Luxemburg - eine Niederlassung der DB Privat- und Firmenkundenbank AG (MUNSBACH)Deutsche Bank (Suisse) SA (Genève)Deutsche Bank AG, Frankfurt a.M., Zweigniederlassung Zürich (Zürich)The following banks operating under Deutsche Bank brand name has been recently closed down:
(this bank) Deutsche Bank (Malta) Ltd (Floriana)
