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Company Profile
Born out of the merger of Deutsche Girozentrale Deutsche Kommunalbank and DekaBank GmbH at the beginning of 1999, DekaBank is a central institution of the German Savings Banks Organisation and operates in the wholesale banking and investment fund segments.
With a Group balance sheet total of 102.8 billion at 30 June 2004, assets under management of more than 137 billion and equity capital of 3.6 billion, it is one of Germanys leading financial services providers. DekaBank Group is a major player in the domestic investment industry, with a 20 per cent share of the mutual fund market. Based in Frankfurt and Berlin, DekaBank is incorporated under public law and is owned jointly and equally by Germanys landesbanks and savings banks, the latter through their national umbrella organisation, the German Savings Banks and Giro Association (DSGV), to which all regional savings banks and giro associations belong.
The Group has a total workforce of around 3,200 including affiliates. The Bank is headed by a six-member management board and there is equal representation on all supervisory bodies. With offices and subsidiaries in Germany, Luxembourg, Switzerland and Ireland, DekaBank has a predominantly European focus.
With the merger of Deutsche Girozentrale -Deutsche Kommunalbank- und DekaBank GmbH in 1999, DekaBank attained a size and scale that gives it a promising position in the competitive European market. Throughout its different but complementary business segments, it has swiftly grasped the challenges of globalisation, representing both tradition and experience as well as innovative financial products and strong customer orientation.
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DekaBank International
