Augsburger Aktienbank
| Augsburger Aktienbank Aktiengesellschaft | |
|---|---|
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| Country |
 Germany
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| Seat | Augsburg , Bavaria |
| legal form | Corporation |
| Bank code | 720 207 00 |
| BIC | AUGB DE77 XXX |
| founding | 1963 |
| Website | www.aab.de |
| Business data 2016 | |
| Total assets | 3.15 billion euros |
| insoles | 2.912 billion euros |
| Customer credit | 1.884 billion euros |
| Employee | 366 (2016) |
| Offices | 1 |
| management | |
| Board | Lothar Behrens (speaker), Joachim Gorny |
| Supervisory board | Rainer Wilmink (chairman) |
The Augsburger Aktienbank (AAB) is a medium-sized bank based in Augsburg and one of the oldest direct banks in Germany. The core business of the branchless bank is fund administration (investment fund portfolio management and processing) for asset managers and financial service providers . With over 300 connected sales organizations and a managed portfolio of almost 12.5 billion euros (3/2017), Augsburger Aktienbank is one of the largest securities banks in Bavaria. The number of customers has increased to over 400,000 in recent years.
history
The bank was founded in 1963 as a sales credit bank , later UTB credit bank , and in 1986 it was renamed Augsburger Aktienbank. Between 1997 and 2002 the bank operated under the name Allianz Vermögens-Bank as part of the Allianz Group . In 2002 the Augsburger Aktienbank was sold to LVM Versicherung .
In 2015 Augsburger Aktienbank AG took over Netbank . Both institutes merged on July 1, 2016, and Netbank has been continued as the AAB brand ever since .
The subsidiary AAB Leasing focuses on the leasing business for special goods. Another company, AAB Asset (founded in 2016), offers services for professional investors.
In March 2020, the press reported on a possible sale of Augsburger Aktienbank by LVM Versicherung. The bank is only moderately successful and has suffered losses for years.
Web links
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ http://www.aab.de/export/sites/aabweb/_downloads/AKP_APP/AAB_GB_2016.pdf
- ^ Portrait of the Augsburger Aktienbank . Archived from the original on December 22, 2016. Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved March 30, 2018.
- ↑ Press release: Augsburger Aktienbank acquires netbank . Archived from the original on March 4, 2016. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved March 30, 2018.
- ↑ Augsburger Aktienbank becomes owner of netbank. netbank AG, accessed on December 9, 2015 .
- ↑ Augsburger Aktienbank and netbank in future under joint management (January 15, 2016). (No longer available online.) Netbank AG, archived from the original on February 2, 2016 ; accessed on February 12, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ netbank becomes part of Augsburger Aktienbank (July 1, 2016). netbank AG, accessed on July 18, 2016 .
- ^ Herbert Fromme: Before the sale. Augsburger Aktienbank. In: Süddeutsche Zeitung . March 8, 2020, accessed on March 9, 2020 : "AAB is the oldest direct bank in Germany, it was founded in 1963."
Coordinates: 48 ° 21 '54.4 " N , 10 ° 53' 27.7" E