Deutsche Kreditbank (DKB) is the second-largest direct bank in Germany with 5.8 million customers, fully owned by Bayerische Landesbank.[1][2] In 2018 the company, with its parent company, ranked 7th on the list of the biggest banks in Germany.[3]
The bank is located in Berlin and its infrastructure consists of a small number of branches. The focus on a selected group of customers including retail clients, business clients, and public clients are part of the bank's corporate.
History
Deutsche Kreditbank was founded on 19 March 1990 as the first private bank in East Germany, and was set up as a stock corporation. One of the founders was Edgar Most, the last vice president of the Staatsbank (State Bank of the GDR). The share capital was held by the Staatsbank of the GDR, the Verband deutscher Konsumgenossenschaften, the Interhotels