Flatex Bank
| flatex Bank AG | |
|---|---|
|
|
| Country |
 Germany
|
| Seat | Frankfurt am Main |
| legal form | Corporation |
| Bank code | 101 308 00 |
| BIC | BIWB DE33 XXX |
| founding | 2005 |
| Website | www.flatex-bank.com |
| Business data 2018 | |
| Total assets | 1,224.8 million euros |
| insoles | 979.8 million euros |
| Customer credit | 275.0 million euros |
| Employee | 205 (December 31, 2018) |
| management | |
| Board | Frank Niehage (Chairman) Jörn Engelmann |
| Supervisory board | Martin Korbmacher (Chairman) |
The flatex Bank AG is authorized in Germany and Austria bank based in Frankfurt am Main . The object of the company is the operation of all types of banking business and related business. Flatex Bank AG is a wholly owned subsidiary of flatex AG .
history
Flatex Bank AG started its business operations on December 1, 2005 as biw Bank for Investments and Securities AG ( biw AG for short ) with its registered office in Willich .
On January 1, 2012, XCOM Finanz GmbH took over all shares in biw AG and fully integrated the bank into XCOM AG. In March 2015, today's flatex AG acquired the majority stake in XCOM AG, thus also the majority in biw AG.
Based on the resolution of the Annual General Meeting in May 2016, the registered office was relocated from Willich to Frankfurt am Main in June 2016. On June 15, 2016, biw AG was renamed FinTech Group Bank AG .
The name was changed to flatex Bank AG in March 2019 .
Business model
As a full bank, flatex Bank is able to conduct all banking transactions in accordance with the German Banking Act . The business activities of flatex Bank AG are divided into several operational business areas, whereby the flatex online brokerage business in the business-to-consumer (B2C) division is by far the main focus of business activities.
Flatex Bank also operates as a so-called white label provider on the market. Customers of the bank have the opportunity to use the banking technology, the safeguarding of all regulatory matters and the membership in the organizations usual for a German bank, to operate their own business model even without their own banking license.
Deposits are covered by the statutory deposit insurance (up to 100,000 euros per person). This security limit applies to all deposits at flatex Bank together.
Web links
- Flatex Bank website
- Flatex Bank in the BaFin company database
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ a b We are writing a success story . ( Memento of January 24, 2017 in the Internet Archive ) website of biw AG, accessed on February 15, 2019.
- ↑ Frankfurt am Main Local Court, file number HRB 105687, new entry dated June 27, 2016, accessed in the company register on January 24, 2017.
- ↑ Frankfurt am Main Local Court, file number: HRB 105687, notification of amendment dated March 20, 2019: “The General Meeting of March 15, 2019 resolved to change the Articles of Association in Section 1.2 (Company). New company: flatex Bank AG. "