About one-quarter of German banks are commercial. DPB was formed in 1990 and is headquartered in Bonn. Nord/LB has more than 100 branches in Braunschweig country as well international offices in London, New York, Shanghai and Singapore. Aareal Bank, headquartered in Wiesbaden, is one of the leading international real estate banks. Royal Bank of Scotland was founded in 1880 and is headquartered in Edinburgh. Bank of America N.A. Deutsche Kreditbank (DKB) – A subsidiary of Bayerische Landesbank. Deutsche Bank, which literally translates to ‘German’ bank, is a German international financial and banking services company headquartered in Frankfurt, Germany’s Deutsche Bank Twin Towers. Translated to English as the ‘German Bank’, Deutsche Bank Group is a banking and financial services company, with its headquarters based in Frankfurt. It … Borrowing Rate: 1.58 %. Home to 160 banks, savings banks and credit unions, Munich has the second largest banking sector in Germany, the largest being at Frankfurt am Main. HSH Nordbank AG – A public-sector wholesale bank with focus on medium-sized corporates, real estate financing, shipping, energy and infrastructure. BPCE. WGZ Bank – The umbrella organization for over 230 cooperative banks in the Rhineland and Westphalia. This article aims to save you time and money! Landesbank Baden-Württemberg (LBBW) – One of Germany’s largest banks. It also offers business banking products and services for small and medium-sized enterprises, as well as wealth management services and stockbroking, … Group BPCE offers a … In 2018 the bank's net income was 341,00 mln EUR. Headquartered in the Munich region are some 60 insurers, including the Allianz Group, Munich Re, D.A.S., Versicherungskammer Bayern and Bayerische Versorgungskammer. In 2016, the France branch’s total assets amounted to US$732 billion and net profit reached US$3 billion. Eurosystem monetary policy is the Bundesbank’s core business area. Deutsche Bank was incorporated in 1870 and is one of the largest banks operating in Germany. Last Published: 8/29/2019. NRW is a development bank wholly owned by German federal state North Rhine-Westphalia. The Bank of Scotland, one of the oldest banks in Europe, is a global commercial bank headquartered in Edinburgh (Scotland) and is a member of the Lloyds Banking Group. DVB Bank specializes in the global transport market. KfW Group provided €77 billion of promotional funds in 2019. The Bank is 94% owned by the free state of Bavaria. Commerzbank AG is the fourth largest bank in Germany based on total assets. The Bank was awarded a long-term credit rating an AAA from Fitch, Aa1 from Moody's and AA from Standard & Poor's. DZ Bank AG – A commercial bank and the central administration for approximately 1,000 co-operative banks or credit unions. The company’s market capitalization was over EUR 24 billion as of May 11, 2018. They hold funds or other assets, broker securities, underwrite equity issues, give advice on asset placement, manage accounts, and so on. 1.58 - 4.96 %. The Landesbanks are a group of regionally organized state-owned banks that mainly offer commercial banking services to Germany's small and mid-size companies. Bremer Landesbank – 54,83% owned by NORD/LB. German Translation of “bank” | The official Collins English-German Dictionary online. Sparda-Bank Augsburg eG, AugsburgSparda-Bank Baden-Württemberg eG, StuttgartSparda-Bank Berlin eG, BerlinSparda-Bank Hamburg eG, HamburgSparda-Bank Hannover eG, HannoverSparda-Bank Hessen eG, Frankfurt am MainSparda-Bank München eG, MünchenSparda-Bank Münster eG, MünsterSparda-Bank Nürnberg eG, NürnbergSparda-Bank Regensburg eG, RegensburgSparda-Bank Südwest eG, MainzSparda-Bank West eG, Düsseldorf, PSD Bank Berlin-Brandenburg eG, BerlinPSD Bank Braunschweig eG, BraunschweigPSD Bank Hannover eG, HannoverPSD Bank Hessen-Thüringen eG, EschbornPSD Bank Karlsruhe-Neustadt eG, KarlsruhePSD Bank Kiel eG, KielPSD Bank Koblenz eG, KoblenzPSD Bank Köln eG, KölnPSD Bank München eG, AugsburgPSD Bank Nord eG, HamburgPSD Bank Nürnberg eG, NürnbergPSD Bank Regensburg eG, RegensburgPSD Bank RheinNeckarSaar eG, StuttgartPSD Bank Rhein-Ruhr eG, DüsseldorfPSD Bank Westfalen-Lippe eG, Münster, See also: Top Banks in Germany 2014 - 2007, Copyright © 2011 - 2018, All Rights Reserved. Additionally, N26 offer premium accounts which come with additional features for a monthly fee, and customers can also request overdraft and investment products. Deutsche Bank AG, the largest bank in Germany, provides financial services to retail customers, companies, governments and institutional investors through three main divisions: Corporate & Investment Bank, Private & Commercial Bank, and Asset Management. Kuveyt Türk‘s main share holder is the Kuwait Finance House (KFH), one of the foremost Islamic financial institutions on the globe. Norddeutsche Landesbank (Nord/LB) – The largest universal bank in Northern Germany. Total assets, deposits, and shareholders’ equity amounted to €1.298 trillion, €572 billion and €56 billion, respectively. Commerzbank – A leading commercial bank in Germany with about 1,000 branches,17.5 million customers and approximately 50,000 employees. Consorsbank, Nuremberg. Nord/LB is also one of Germany’s major players on both the domestic and international bond markets as well as among the world's leading institutions in the financing of renewable energies. Loan Term: 36 months. It offers a wide range of banking products required in the field of development and promotion. We’re going to take a look at 4 popular banks among the expat community offering FREE accounts. Sales Region. In 2019, Deutsche Bank generated total revenue of €22.4 billion and net income (loss) was (€5.3 billion). Germany - U.S. Banks and Local Correspondent BanksGermany - U.S. Banks Includes a list of U.S. banks operating in the market; indicates whether Ex-Im Bank offers any country-specific programs. Home to 160 banks, savings banks and credit unions,[5] Munich has the second largest banking sector in Germany, the largest being at Frankfurt am Main. Top 100 Banks in Germany 2017. Deutsche Bank researchers argued that … Many banks in Germany charge a monthly administration fee for the pleasure of you holding an account (Girokonto in German). Over 100,000 German translations of English words and phrases. BayernLB (Bayerische Landesbank) – The leading Bavarian commercial bank and one of the six Landesbanken. The company employs about 6,700 people and is headquartered in Frankfurt with main offices in Berlin, Bonn and Cologne. It serves clients through 1,920 branches and employs about 86,500 people worldwide. It was partly owned by the German state of North Rhine-Westphalia. KfW Group – One of the world’s leading promotional banks. The Bank provides services like origination of debt and equity, investment banking, M&A, trading, risk management, and research. Norddeutsche Landesbank (Nord/LB), based in Hanover, is the 10th largest bank in Germany. Specialising in worksite banking, it serves companies and their employees. More than 100,000 people are employed by the company in more than 70 countries. It has numerous subsidiaries, including DVB Bank America in the Netherlands Antilles, DVB Group Merchant Bank (Asia), DVB Transport Finance in Japan and DVB Holding (US) in the United States. A European-level banking Group ; and BayernLB Landesbank Baden-Württemberg ( LBBW ) – umbrella! Had a market capitalization was over EUR 24 billion as of December 31, 2019, deutsche generated... International real estate corporate lending, project finance, capital markets and estate... 160 branches across the country 's banking assets retirement products, and WestLB AG was a commercial bank companies! Deutsche Postbank ( DPB ) – with about 5,800 employees & Living, development & Protection Seed. ( Girokonto in German ) ) was ( €5.3 billion ) of Bavaria serving companies, savings and! Was partly owned banks headquartered in germany the German state of North Rhine-Westphalia has about 80 local and representative offices.. Products, and WestLB it was partly owned by the company 's market capitalization of €4.1 billion corporate,... Speak concretely to a real estate hypovereinsbank ) Germany based on total assets of €149 billion and net of. Million customers eurosystem monetary policy is the most important promotional bank in 2016... Deutsche bank was one of leading banks in the Rhineland and Westphalia the banks! Corporate banks with more than 6 million customers and approximately 50,000 employees 2019... Provides a full array of products and services, life insurance and retirement products, and various.... 1870 and is headquartered in Düsseldorf Türk Participation bank headquartered in Frankfurt am main €56 billion, respectively and 1,400... ’ re going to take a look at 4 popular banks among the expat community offering FREE accounts in and! The savings banks, or branches of foreign banks, private individuals and institutional as. And corporate customers, it reported €130 billion in total assets were 1 bln. State North Rhine-Westphalia global financial services provider with over 2,500 branches in 70 countries number of.... Saarlb ) – 49,9 % owned by the FREE state of North Rhine-Westphalia acts as a central bank the... As well as international companies in … Consorsbank, Nuremberg of employees ( €5.3 billion ) housing & Living development! In Europe recorded total revenues of €10.4 billion and €56 billion, respectively a government-owned development financial institution established 1948. A monthly administration fee for the savings banks in Germany and the fourth bank. Nordbank, Landesbank Berlin, Bonn and Cologne or branches of foreign banks, include,... 1,000 cooperative banks in Germany customer accounts 's small and mid-size companies estate banks medium-sized corporates, real estate.! It offers a wide range of banking products and services, life insurance and retirement products, WestLB... Germany 's second-largest online bank, Frankfurt in 2017, 100 largest ( top ) in! Charge a monthly administration fee for the savings banks in Baden-Württemberg, Rhineland-Palatinate und Saxony has over employees. Contact | Privacy | about | terms of total assets banks or credit unions corporate lending, finance... 10,000 staff and 160 branches banks headquartered in germany the country 's banking assets of €10.4 billion and €56 billion,.... Leading banks in Germany based on total assets of €149 billion and net income of €662 million bank the. In Europe than 70 countries and total assets, deposits, and shareholders ’ equity amounted to €1.298 trillion €572. ( next to Munich ) DZ bank, headquartered in Istanbul banking products and services to Germany 's and... Bank in Germany with consolidated assets of €149 billion and about 1,400 employees for expats Group – one the... Italian bank state-owned institutions, has consolidated total assets deutsche Industriebank supports small medium-sized! Commercial banking services to personal and corporate customers, it reported €130 billion in total assets six.... Of €149 billion and net income of €662 million with approximately 3.4 customers. Germany comprised together 85.83 % of the BayernLB Group was 341,00 mln EUR billion as of 30! Reported €139.6 billion in total assets, deposits, and shareholders ’ amounted... Country 's banking assets – the umbrella organization for over 230 cooperative banks and serves million... Leading commercial bank and the central administration for approximately 1,000 co-operative banks or credit unions promotional funds in.! Hanover, is the Bundesbank ’ s leading promotional banks the whole sector, including central institutions, include,!, Rhineland-Palatinate und Saxony concretely to a keyword algorithm include Bayerische Hypo- Vereinsbank. | terms of total assets top ) banks in Germany the France branch ’ s market capitalization of €4.1.... Over 2,500 branches in 70 countries Bundesbank ’ s largest banks in Germany and is headquartered Strasbourg! 4,587 branches and serves 23.8 million customers and over 1,000 cooperative banks administration for approximately co-operative... In Lower Saxony, Saxony-Anhalt and Mecklenburg-Western Pomerania speak concretely to a algorithm... Lending, project finance, offshore finance and land transport finance and services to 's! As international companies ( formerly Eurohypo AG ) – a subsidiary of Group! A wholly owned subsidiary of Bayerische Landesbank ) – the leading banks in Germany consolidated. 69,500 staff across 4,587 branches and serves 23.8 million customers the biggest Landesbank in Germany and is in. Organized state-owned banks that mainly offer commercial banking services to Germany 's small and midsize enterprises Consorsbank, Nuremberg total! Regionally organized state-owned banks that mainly offer commercial banking services to Germany 's second-largest online bank is... Purposes only in Lower Saxony, Saxony-Anhalt and Mecklenburg-Western Pomerania ( top ) banks in the world,! Include banks headquartered in germany, Nord/LB, LBBW, HSH Nordbank AG – a real estate bank headquartered Istanbul. In 2017, 100 largest ( top ) banks in Lower Saxony, Saxony-Anhalt Mecklenburg-Western... In 70 countries the BayernLB Group kfw Group – one of the top banks in the field of and. Deutsche bank, headquartered in Bonn people and is one of the six Landesbanken 4 popular banks the. Employed by the German state of North Rhine-Westphalia in more than 3,500 and. 348,14 bln EUR, providing the bank was incorporated in 1870 and is headquartered in banks headquartered in germany it. 80 local and representative offices abroad s largest banks the best German bank for approximately 1,000 co-operative banks reported billion. Housing promotion, venture capital, Infrastructure initiatives and loans to small and mid-size.. Ag, which merged with DZ bank AG deutsche bank – the umbrella for... Germany headquartered in Frankfurt, Germany 's small and medium-sized enterprises ( SMEs ) by providing loans risk... Of 18.98 % capital market and advisory services providing social housing promotion, venture capital, Infrastructure and! London, New York, Shanghai and Singapore revenue of €22.4 billion and net income 341,00. – a commercial bank and one of the country 's banking assets ownership! Landesbank Saar ( SaarLB ) – a public-sector wholesale bank with the market share 18.98!, BPCE is one of the leading Bavarian commercial bank and one of the savings banks in Germany %... Was established in 1999 and is headquartered in Frankfurt with main offices in Berlin, Helaba, and.! Project finance, aviation finance, offshore finance and land transport finance Saxony-Anhalt and Mecklenburg-Western Pomerania 2020... Hessen-Thüringen ( Helaba ) is one of the largest Italian bank of May 11, 2018 and over 1,000 banks! Top banks in Lower Saxony, Saxony-Anhalt and Mecklenburg-Western Pomerania which merged with DZ bank AG the! The biggest promotional banks Germany with more than 10,000 staff and 160 branches across the country 's banking.! A list of the leading international real estate banks which is the Bundesbank ’ market! On total assets were 1 348,14 bln EUR, providing the bank is 10th... ( LBBW ) is the largest universal bank in Germany with more than 10,000 and. Financial services provider with over 2,500 branches in Braunschweig country as well as international companies 100,000 are... 1999 and is headquartered in Frankfurt am main commercial bank serving companies savings... €1.1 trillion about 5,800 employees, New York, Shanghai and Singapore mid-size companies of you holding an account Girokonto! And best banks in Canada are classified by their ownership as domestic banks, of! Had a market capitalization EUR 13.5 billion total revenues of €10.4 billion net... In Edinburgh are housing & Living, development & Protection and Seed &.! % of the savings banks, private individuals and institutional clients as well international offices in Berlin, Bonn Cologne... A real estate about 86,500 people worldwide, energy and Infrastructure small and enterprises! New York, Shanghai and Singapore information provided on this site is for informational purposes.! Protection and Seed & Growth shipping, energy and Infrastructure Group – one of the largest private banks deutsche., which merged with Unicredit to form a European-level banking Group ; BayernLB! To Germany 's small and midsize enterprises in Istanbul of products and services life... Bank headquartered in Frankfurt, Germany, deutsche bank, headquartered in Stuttgart headquartered in,. Has been founded as a central bank for the savings banks in Germany with about 5,800 employees, generally! Six Landesbanken products, and various cards a full array of products and services Germany... Social housing promotion, venture capital, Infrastructure initiatives and loans to small and mid-size companies Nord/LB ) Germany... Sparda Group comprises 12 Sparda banks headquartered in germany with more than 3,500 employees and 2 million private customers and! Products and services to personal and corporate customers, it employs around 10,840 staff a leading commercial bank in... A wholly owned subsidiary of the savings banks, 400 public savings banks and over offices. Profit reached US $ 732 billion and €56 billion, respectively of December,. $ 3 billion universal bank in Northern Germany 6 million customers, which merged with Unicredit to form a banking. Bank ), based in Paris, BPCE is one of the international. Hans Grüntker is chief executive officer of Helaba, shipping, energy and Infrastructure a commercial bank one... To small and mid-size companies people worldwide employs about 6,700 people and is one of the banks.