Here is a list of the top 40 banks in Germany based on total assets, according to data from the Bank for International Settlements (BIS):
- Deutsche Bank
- Commerzbank
- DZ Bank
- Deutsche Postbank
- Landesbank Baden-Württemberg (LBBW)
- Landesbank Berlin (LBB)
- Landesbank Hessen-Thüringen (Helaba)
- Norddeutsche Landesbank (NordLB)
- BayernLB (Bayerische Landesbank)
- Landesbank Nordrhein-Westfalen (LBBW)
- Landesbank Rheinland-Pfalz (LRP)
- Landesbank Sachsen (LB Sachsen)
- Landesbank Schleswig-Holstein (LB Kiel)
- Landesbank Thüringen (LBT)
- Bremer Landesbank (BLB)
- Hamburger Sparkasse (Haspa)
- Sparkasse Hannover
- Sparkasse KölnBonn
- Sparkasse München
- Sparkasse Nürnberg
- Sparkasse Oldenburg-Bremen
- Sparkasse Pforzheim Calw
- Sparkasse Ulm
- Sparkasse Westmünchen
- Bank of China (Germany)
- Bank of Montreal (Germany)
- BNP Paribas (Germany)
- Citibank (Germany)
- Crédit Agricole (Germany)
- HSBC Trinkaus (Germany)
- ING Bank (Germany)
- JPMorgan Chase (Germany)
- Santander Consumer Bank (Germany)
- Société Générale (Germany)
- UBS (Germany)
- UniCredit Bank (Germany)
- ABN AMRO (Germany)
- BMO Financial Group (Germany)
- CIBC (Germany)
- Scotiabank (Germany)
Note: This list includes both domestic and foreign-owned banks operating in Germany.
overview Deutsche Bank Commerzbank DZ Bank Deutsche Postbank Landesbank Baden-Württemberg (LBBW) Landesbank Berlin (LBB) Landesbank Hessen-Thüringen (Helaba) Norddeutsche Landesbank (NordLB) BayernLB (Bayerische Landesbank)
Deutsche Bank is a leading global investment bank with a strong presence in Europe, the Americas, and Asia. It offers a wide range of financial products and services, including corporate and investment banking, asset management, and retail banking. As of 2021, it is the largest bank in Germany by total assets.
Commerzbank is a major German bank with a focus on corporate and retail banking. It offers a range of financial products and services, including lending, payment processing, and investment advice. Commerzbank is also active in the capital markets, providing financing and risk management services to corporate clients.
DZ Bank is a cooperative bank that serves as the central institution for more than 1,000 local German banks and credit unions. It offers a wide range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Deutsche Postbank is a retail bank that is majority-owned by Deutsche Bank. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers in Germany.
Landesbank Baden-Württemberg (LBBW) is a state-owned bank that serves as a central institution for savings banks in the German states of Baden-Württemberg and Rhineland-Palatinate. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Berlin (LBB) is a state-owned bank that serves as a central institution for savings banks in the German state of Berlin. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Hessen-Thüringen (Helaba) is a state-owned bank that serves as a central institution for savings banks in the German states of Hesse and Thuringia. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Norddeutsche Landesbank (NordLB) is a state-owned bank that serves as a central institution for savings banks in the German states of Lower Saxony and Saxony-Anhalt. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
BayernLB (Bayerische Landesbank) is a state-owned bank that serves as a central institution for savings banks in the German state of Bavaria. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
overview Landesbank Nordrhein-Westfalen (LBBW) Landesbank Rheinland-Pfalz (LRP) Landesbank Sachsen (LB Sachsen) Landesbank Schleswig-Holstein (LB Kiel) Landesbank Thüringen (LBT) Bremer Landesbank (BLB) Hamburger Sparkasse (Haspa) Sparkasse Hannover
Landesbank Nordrhein-Westfalen (LBBW) is a state-owned bank that serves as a central institution for savings banks in the German state of North Rhine-Westphalia. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Rheinland-Pfalz (LRP) is a state-owned bank that serves as a central institution for savings banks in the German state of Rhineland-Palatinate. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Sachsen (LB Sachsen) is a state-owned bank that serves as a central institution for savings banks in the German state of Saxony. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Schleswig-Holstein (LB Kiel) is a state-owned bank that serves as a central institution for savings banks in the German state of Schleswig-Holstein. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Landesbank Thüringen (LBT) is a state-owned bank that serves as a central institution for savings banks in the German state of Thuringia. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Bremer Landesbank (BLB) is a state-owned bank that serves as a central institution for savings banks in the German state of Bremen. It offers a range of financial products and services, including lending, payment processing, and asset management, to both retail and corporate customers.
Hamburger Sparkasse (Haspa) is a retail bank that serves customers in the German state of Hamburg. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Hannover is a retail bank that serves customers in the German state of Lower Saxony. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
overview Sparkasse KölnBonn Sparkasse München Sparkasse Nürnberg Sparkasse Oldenburg-Bremen Sparkasse Pforzheim Calw Sparkasse Ulm Sparkasse Westmünchen Bank of China (Germany)
Sparkasse KölnBonn is a retail bank that serves customers in the German cities of Cologne and Bonn. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse München is a retail bank that serves customers in the German state of Bavaria. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Nürnberg is a retail bank that serves customers in the German city of Nuremberg. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Oldenburg-Bremen is a retail bank that serves customers in the German states of Bremen and Lower Saxony. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Pforzheim Calw is a retail bank that serves customers in the German states of Baden-Württemberg and Bavaria. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Ulm is a retail bank that serves customers in the German state of Baden-Württemberg. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Sparkasse Westmünchen is a retail bank that serves customers in the German state of Bavaria. It offers a range of financial products and services, including checking and savings accounts, mortgages, and investment products, to retail customers.
Bank of China (Germany) is a foreign-owned bank that is part of the Bank of China Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
overview Bank of Montreal (Germany) BNP Paribas (Germany) Citibank (Germany) Crédit Agricole (Germany) HSBC Trinkaus (Germany) ING Bank (Germany) JPMorgan Chase (Germany)
Bank of Montreal (Germany) is a foreign-owned bank that is part of the Bank of Montreal Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
BNP Paribas (Germany) is a foreign-owned bank that is part of the BNP Paribas Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
Citibank (Germany) is a foreign-owned bank that is part of the Citigroup Inc. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
Crédit Agricole (Germany) is a foreign-owned bank that is part of the Crédit Agricole Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
HSBC Trinkaus (Germany) is a foreign-owned bank that is part of the HSBC Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
ING Bank (Germany) is a foreign-owned bank that is part of the ING Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
JPMorgan Chase (Germany) is a foreign-owned bank that is part of the JPMorgan Chase & Co. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
overview Santander Consumer Bank (Germany) Société Générale (Germany) UBS (Germany) UniCredit Bank (Germany) ABN AMRO (Germany) BMO Financial Group (Germany) CIBC (Germany) Scotiabank (Germany)
Santander Consumer Bank (Germany) is a foreign-owned bank that is part of the Santander Group. It offers a range of financial products and services, including retail banking and consumer finance, to customers in Germany.
Société Générale (Germany) is a foreign-owned bank that is part of the Société Générale Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
UBS (Germany) is a foreign-owned bank that is part of the UBS Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
UniCredit Bank (Germany) is a foreign-owned bank that is part of the UniCredit Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
ABN AMRO (Germany) is a foreign-owned bank that is part of the ABN AMRO Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
BMO Financial Group (Germany) is a foreign-owned bank that is part of the Bank of Montreal Group. It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
CIBC (Germany) is a foreign-owned bank that is part of the Canadian Imperial Bank of Commerce (CIBC). It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
Scotiabank (Germany) is a foreign-owned bank that is part of the Bank of Nova Scotia (Scotiabank). It offers a range of financial products and services, including corporate and investment banking, to customers in Germany.
German Bank advantage
There are several advantages to banking with a German bank:
- Strong financial system: Germany has a strong and well-regulated financial system, which can provide customers with a high level of security and stability.
- Wide range of products and services: German banks offer a wide range of financial products and services, including checking and savings accounts, loans, mortgages, and investment products, to both retail and corporate customers.
- Convenient locations: German banks often have a large network of branches and ATMs, making it convenient for customers to access their financial services.
- International reach: Many German banks have a global presence, which can be beneficial for customers with international banking needs.
- Good customer service: German banks generally have a reputation for good customer service and are often willing to work with customers to find solutions to their financial needs.
- Low fees: German banks often have lower fees than banks in other countries, which can be beneficial for customers who use their banking services frequently.
- Strong online presence: Many German banks have strong online and mobile banking platforms, which can make it easy for customers to manage their accounts and access their financial services from anywhere.
German Banks Disadvantage
There are also some disadvantages to banking with a German bank:
- Limited choice: While there are many banks to choose from in Germany, they may not offer the same range of products and services as banks in other countries.
- Strict lending criteria: German banks may have stricter lending criteria than banks in other countries, which can make it difficult for some customers to obtain loans or financing.
- Complex bureaucracy: The process of opening an account or obtaining a loan from a German bank may be more complex and bureaucratic than in other countries.
- Limited English-language support: Some German banks may not offer as much English-language support as banks in other countries, which can be a challenge for non-German speakers.
- Limited international banking options: German banks may not offer the same level of international banking options as banks in other countries, which can be a disadvantage for customers with international banking needs.
- Lower interest rates: German banks generally offer lower interest rates on deposits and loans than banks in other countries.
- High minimum deposit requirements: Some German banks may have high minimum deposit requirements for certain accounts, which may not be suitable for all customers.
