DSK Hyp

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  DSK Hyp AG
Corporate Headquarters
Country GermanyGermany Germany
Seat Frankfurt am Main
legal form Corporation
Bank code 500 101 11
BIC ESSE DE5F XXX
founding 2001 (merger)
Website www.dskhyp.de
Business dataTemplate: Infobox credit institute / maintenance / data out of dateTemplate: Infobox credit institute / maintenance / year missing
Employee 200
management
Board Michael Boldt (Chairman)
Günther Held
Supervisory board Johan Andersson (Chairman)

The DSK Hyp AG (formerly SEB AG ), the German subsidiary of one of the largest Swedish banks , the Skandinaviska Enskilda Banken (SEB).

history

In Germany, the bank began its business activities in 1976 with its own subsidiary ( Deutsch-Scandinavische Bank , later Skandinaviska Enskilda Banken AG). In 2000 the SEB Group acquired the former Bank für Gemeinwirtschaft (BfG), which it renamed SEB AG in 2001 . In the private customer business, SEB had 174 branches and one million customers in Germany. At the end of January 2011, SEB sold its private customer business in Germany to the Spanish Santander Consumer Bank . Since then, the bank has concentrated on its core activities in Germany, business with companies and institutional customers. As part of this strategy, SEB AG sold its subsidiary SEB Asset Management AG at the end of August 2015, including its major participation SEB Investment GmbH. At the beginning of 2018, SEB transferred its main business activities - the cooperation with companies, institutional customers and international real estate investors - to a branch (SEB AB Frankfurt Branch) of Skandinaviska Enskilda Banken AB (publ). SEB's head office in Germany is in Frankfurt am Main, and the bank also has a location in Munich.

On December 4, 2018, SEB AG renamed DSK Hyp AG.

business

In Germany, the company was active in the business areas of corporate clients, institutional clients and structured real estate finance. In 2005 it was the first commercial bank to receive permission to issue mortgage Pfandbriefe . The previous SEB Hypothekenbank was therefore incorporated into SEB AG as mortgage and Pfandbrief banking . The Pfandbrief business of SEB in Germany will continue to be operated by DSK Hyp AG.

Creditworthiness

The DSK Hyp AG was approved by the rating agency Moody's with Aa2 (long term) rates. The Public Pfandbriefe and Mortgage Pfandbriefe rated Moody's Aaa (January 2019).

Subsidiaries

  • SEB Leasing GmbH - leasing services
  • Frankfurter Vermögens Holding GmbH (FVH)

Web links

Individual evidence

  1. a b Master data of the credit institute at the Deutsche Bundesbank
  2. Annual reports SEB AG
  3. Rating. In: DSK Hyp website. Retrieved January 19, 2019 .

Coordinates: 50 ° 7 ′ 0.1 ″  N , 8 ° 40 ′ 56 ″  E