Banks in Germany

Banks in Germany The German banking system can be divided into three sectors: private, public, and cooperative. The cooperative sector is represented by 1,144 credit unions and 2 cooperative central banks. The public sector employs 431 savings bank, 10 land banks and other institutions. Private banks are represented by 4 transnational banks, 42 investment banks and 176 regional banks. There are 167 registered branches of foreign financial institutions, including 60 investment banks.

List of German banks



Sparkassen-Finanzgruppe (or Savings Banks Finance Group) is a group of credit institutions in Germany consisting of 600 companies with around 354,500 employees.

Deutsche Kreditbank


Deutsche Kreditbank (or DKB) is a bank headquartered in Berlin, wholly owned subsidiary of Bayerische Landesbank.



Targobank is a financial company headquartered in Dusseldorf, operating in Germany in retail banking area. Since 2008, it is part of the French Crédit Mutuel Banking Group.

Hanseatic Bank


Hanseatic is a German bank headquartered in Hamburg. The company offers consolidated and non-consolidated customer installments and real estate-related loans through various channels: branches, internet and service centers.

SEB Germany


SEB AG is one of the largest foreign banks in Germany, providing services as a subsidiary of one of the Sweden’s largest banks Skandinaviska Enskilda Banken.



ING-DiBa AG is a direct bank, based in Frankfurt am Main, subsidiary of the Dutch ING Groep.

Svenska Handelsbanken Germany


Handelsbanken operates in the country since 1972 as a branch of Svenska Handelsbanken AB, a Swedish banking institution providing universal banking services.

BNP Paribas Germany


BNP Paribas Group is represented in Germany since 1947 and currently considered as one of the leading foreign banks in the country.

Barclays Deutschland


Barclays Deutschland is a subsidiary of the London-based Barclays Bank PLC, operating on the German market since the 1920s.

Landesbank Baden-Württemberg


LBBW (or Landesbank Baden-Württemberg) is a German credit institution with headquarters in Stuttgart and branches in Karlsruhe, Mainz, and Mannheim.



Bayerische Landesbank (or BayernLB) is a public regional bank in Germany, central institution for the Bavarian savings banks, headquartered in Munich.



NORD/LB (or Norddeutsche Landesbank) is a credit institution, one of the largest commercial banks in the country.

WGZ Bank


WGZ Bank (or West German Cooperative Central Bank) is a financial network consisting of approximately 200 cooperative banks in Rhineland and Westphalia.



Helaba (or Landesbank Hessen-Thuringen Girozentrale) is a commercial bank focused on wholesale banking mainly in in Hesse and Thuringia.



WestLB was an international regional bank headquartered in Dusseldorf, Germany which was allowed to operate as a credit institution with all banking transactions.

Berliner Sparkasse


Berliner Sparkasse is one of the largest savings banks in Germany. It was founded in 1818, and in 1920 was integrated with Girozentrale Berlin (Landesbank Berlin AG). 

Deutsche Postbank


Deutsche Postbank AG is a German financial institution, headquartered in Bonn, subsidiary of Deutsche Bank AG.

Deutsche Bank


Deutsche Bank AG is a leading global investment bank with a substantial capital share of individuals, as well as complementary businesses.

Sparda Bank


Sparda Banks is an association of twelve co-operative banks in Germany, traditionally specialized in retail banking. 



HypoVereinsbank (brand of Unicredit Bank AG) is the sixth largest German bank in terms of total assets, and fifth largest by number of employees in the country.



Germany’s second largest bank, Commerzbank, serves more than a million business and ten million personal clients all over the world.



Since 2012, Norisbank has been an online-only financial institute. The restructuring came after Deutsche Bank AG purchased Norisbank following a series of acquisitions and mergers since its inception as Noris Credit Bank back in 1965.

Volksbank Raiffeisenbank


Being Germany’s leading cooperative banking institute, BVR (or Volksbank-Raiffeisen Bank) has an extensive network includes savings, cooperative, and PSD banking institutions.

Deutsche Bundesbank


Deutsche Bundesbank is the central bank of the Federal Republic of Germany with head office located in Frankfurt.

Berliner Bank


Berliner Bank was established on 21st June 1950 in West Berlin by the mayor, Ernst Reuter with the aim of promoting economic recovery of Berlin anter WW2. 

DZ Bank


DZ BANK (Deutsche Zentral-Genossenschaftsbank) is a part of the cooperative financial network, which includes more than 1,100 local cooperative banks. The bank is one of the largest private financial institutions in Germany in terms of assets. 



ReiseBank is the market leader in Germany in the area of travel financing for 85 years. As a 100% subsidiary of DZ Bank AG, the Bank is involved in joint financial groups of local cooperative banks with more than 1,200 credit unions. 

PSD Bank (Postal Savings System)


PSD Bank Group is the oldest direct banking group in Germany, which today consists of 15 independently operating cooperative banks (Berlin-Brandenburg, Brunswick, Hessen-Thüringen, Hanover, Karlsruhe-Neustadt, Kiel, Koblenz, Cologne, Munich, Germany, Lower Bavaria, Upper Palatinate, North, Nuremberg, RheinNeckarSaar, Rhine-Ruhr, Westphalia-Lippe).

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