DVB Bank

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  DVB Bank SE
logo
Country GermanyGermany Germany
Seat Frankfurt am Main
legal form Societas Europaea
Bank code 501 103 00
BIC DVKB DEFF XXX
founding 1923
Website www.dvbbank.com
Business data 2018
Total assets € 20.425 billion
insoles € 9.057 billion
Customer credit € 16.643 billion
Employee 553
Offices 10
management
Board Ralf Bedranowsky (Chairman),
David Goring-Thomas,
Christian Hagemeyer
Supervisory board Wolfgang Köhler (Chairman)

The DVB Bank SE is a part of DZ Bank Group and a specialist in transport finance bank based in Frankfurt am Main .

It was listed on the Frankfurt Stock Exchange and employs 553 people in Frankfurt am Main, Amsterdam , Athens , Hamburg , London , Oslo , Singapore , Tokyo , New York City and Curaçao .

The bank sees itself as a provider of financing and advisory services in the global transport market, particularly in the shipping , aviation , offshore and land transport segments ; earlier activities in the private customer area were sold. It describes itself as the "specialist in international transport financing".

history

Share of 100 RM in Deutsche Verkehrs-Kredit-Bank AG from October 1925

The institute was first mentioned in a contract on May 18, 1923 as Deutsche Verkehrs-Kredit-Bank AG (DVKB) and was officially founded exactly one month later by several banks and industrial companies, initially to postpone freight for the Deutsche Reichsbahn . A year later, the Deutsche Reichsbahn acquired 51% of the shares and made DVKB their house bank. In 1925 it increased its share to 75%; the remaining 25% remained with a bank consortium . After that, the bank began setting up exchange offices at train stations and border crossing points. In 1935, the Reichsbahn designated it as a banking department of the Deutsche Reichsbahn and not as an external company .

After the Second World War , the special tasks of the DVKB, in particular with regard to freight deferral, were fixed by law. In 1949, following the merger of the two main offices in Frankfurt am Main and Hamburg, the headquarters were established in Frankfurt. There was also a branch in Berlin and 13 branches.

In 1988 the bank was listed on the stock exchange, with the Deutsche Bundesbahn holding 75.1% of the shares. In 1991 the name was changed to Deutsche Verkehrs-Bank AG , 1997 to Deutsche VerkehrsBank AG and 2002 to DVB Bank AG . Since October 1, 2008 it has been trading as DVB Bank SE .

In 1996 the brand business was spun off, and the Reisebank was created , today also a subsidiary of DZ Bank.

In order to strengthen the ship finance branch, Nedship Bank NV was taken over by Rabobank in 2000 , which was renamed DVB Bank NV in 2004 and merged with DVB Bank in 2008. In 2002 DZ Bank , which initially acquired 50.1% of the shares in 1995, took over DVB's stake in KRAVAG , so that its stake increased to 78.21%. At the end of 2003, this was expanded to 92.27% by taking over the Sparda share and the remaining 0.75% stake in Deutsche Bahn AG. Through a capital increase in 2008, DZ Bank's stake finally reached 95.44%.

In the course of a squeeze-out under stock corporation law , the shares of all minority shareholders in DVB were transferred to DZ Bank in August 2017. Trading in shares of DVB Bank SE on the Frankfurt Stock Exchange was then discontinued.

Shareholders

DZ Bank AG has been the sole owner of DVB Bank since August 17, 2017.

Business figures

In 2016, consolidated earnings before taxes fell by EUR 135.3 million (2015: EUR 46.1 million). The balance sheet total was EUR 27.7 billion and the nominal customer loan volume was EUR 25.9 billion. Of the latter, Shipping Finance accounted for 45.9% , Aviation Finance for 33.6% , Offshore Finance for 9.3% and Land Transport Finance for 6.2% .

Subsidiaries

The LogPay Financial Services GmbH is a wholly owned subsidiary with annual sales of 4 billion euros, the factoring for. As for freight - and passenger transport companies (u a.. HandyTicket Germany ) performs.

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ a b company history. (No longer available online.) Archived from the original on March 13, 2016 ; Retrieved April 8, 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. @1@ 2Template: Webachiv / IABot / www.dvbbank.com
  3. ↑ Annual Report 2018
  4. ↑ Board of Directors of the bank. Retrieved April 19, 2017 .
  5. ↑ Supervisory Board of the bank. Retrieved May 11, 2017 .
  6. ↑ Annual Report 2018. Retrieved on August 24, 2019 .
  7. ↑ strategy . DVB Bank SE website, accessed on April 19, 2017.
  8. ↑ Deutsche Reichsbahn-Gesellschaft (Ed.): Official Gazette of the Reichsbahndirektion Mainz of January 12, 1935, No. 3. Announcement No. 17, p. 9.
  9. ↑ Press release: DVB Bank is now a European Company (SE). October 1, 2008, archived from the original on April 21, 2012 ; Retrieved February 26, 2014 .
  10. ^ Shareholder structure of DVB Bank SE. August 2017. Retrieved April 9, 2018 .
  11. ↑ Group Annual Report 2016 (PDF; 9.2 MB) DVB Bank SE, March 2017, accessed on April 19, 2017 .
  12. ↑ DVB LogPay company profile. (PDF) Archived from the original on May 12, 2013 ; Retrieved February 26, 2014 .

Coordinates: 50 ° 6 ′ 35.9 ″  N , 8 ° 39 ′ 39.1 ″  E