German Pfandbriefbank

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  Deutsche Pfandbriefbank AG
logo
Country GermanyGermany Germany
Seat Garching near Munich
legal form Corporation
ISIN DE0008019001
Bank code 700 105 00
BIC REBM DEMM XXX
founding April 12, 1869 (as Bayerische Handelsbank AG)
Website www.pfandbriefbank.com
Business data 2019
Total assets 56.8 billion euros
insoles 7.679 billion euros
Customer credit 40.316 billion euros
Employee 752
management
Board Andreas Arndt (Chairman)
Thomas Köntgen (Deputy Chairman)
Andreas Schenk
Marcus Schulte
Supervisory board Günther Bräunig (chairman)

The German Pfandbriefbank AG (promotional abbreviation pbb ) is a German financial institution headquartered in Garching near Munich . It emerged from the merger of various commercial banks and mortgage lenders. The founding institute was Bayerische Handelsbank AG on April 12, 1869 (later renamed, first HVB Real Estate Bank AG, later Hypo Real Estate Bank AG) to which Nürnberger Hypothekenbank AG and Süddeutsche Bodencreditbank AG merged from 2001 . After the takeover of Hypo Real Estate Bank International AG (the previously renamed Württembergische Hypothekenbank AG) and its merger, DEPFA Deutsche Pfandbriefbank AG was merged from the acquired DEPFA group into Hypo Real Estate Bank AG. In 2009, Hypo Real Estate Bank AG was renamed Deutsche Pfandbriefbank AG. The Deutsche Pfandbriefbank AG, renamed Bayerische Handelsbank, is one of the oldest existing banks in Germany. The founding documents are part of the Bavarian Main State Archives in Munich (BayHStA, MF 58455).

After the state rescue in the financial crisis from 2007 , Hypo Real Estate Holding AG had to privatize Deutsche Pfandbriefbank by 2015 at the behest of the EU Commission . Pbb's IPO on the Frankfurt Stock Exchange took place on July 16, 2015. A few days later, the asset manager MainFirst reported a stake of 5.1 percent and Lancaster Investment Management a stake of 4.83 percent in pbb's shares . The Federal Republic of Germany was the largest single shareholder via HRE with 20 percent until this share was reduced to 3.5 percent in May 2018.

Deutsche Pfandbriefbank has been a member of the SDAX since June 22, 2020 .

Business areas

The Deutsche Pfandbriefbank is a German specialist bank for real estate finance and public investment finance . It is refinanced through deposit transactions (fixed-term deposits and overnight money) and by issuing Pfandbriefe . As early as May 3, 1871, the Bayerische Handelsbank was entitled to issue bonds secured by fundamental rights.

Locations

Deutsche Pfandbriefbank AG has its headquarters in Garching near Munich and domestic branches in Eschborn , Berlin , Düsseldorf and Hamburg . Foreign offices are located in Paris , London , Stockholm , Madrid and New York .

Web links

Individual evidence

  1. ↑ a b Master data of the credit institute at the Deutsche Bundesbank
  2. ↑ Annual Report 2019 , accessed on April 21, 2020
  3. ↑ Management of the Deutsche Pfandbriefbank AG
  4. ↑ Detail page - Archivportal-D. In: www.archivportal-d.de. Retrieved September 26, 2016 .
  5. ↑ Financial investors bid for Depfa. In: Handelsblatt. January 31, 2014, accessed May 16, 2018 .
  6. ↑ The state gets rid of all Pfandbriefbank shares. In: handelsblatt.com. July 22, 2015, accessed May 16, 2018 .
  7. ↑ Shareholder structure. (No longer available online.) Archived from the original on December 10, 2017 ; Retrieved December 9, 2017 .
  8. ↑ HRE significantly reduces stake in pbb Deutsche Pfandbriefbank. In: handelsblatt.com. May 15, 2018. Retrieved May 16, 2018 .
  9. ↑ Bayerische Handelsbank (Munich): Regulations for the Boden-Credit-Anstalt of the Bayerische Handelsbank in Munich: approved by the highest resolution of May 3, 1871 . Weisenbach, January 1, 1871 ( google.de [accessed September 26, 2016]).

Coordinates: 48 ° 17 ′ 19.8 ″  N , 11 ° 35 ′ 5 ″  E