Get Bank Guarantee Letter Sample 2011-2024

Depositors are protected by national DGSs which guarantee that deposits up to a certain level will always be repaid even if the bank holding them fails. The EU system of DGSs has been strengthened in recent years.

Deutsche Bank is different from its competitors because of its unique culture and values, its client-centric approach to business, and the fact the business is extremely profitable.

The statutory deposit guarantee scheme The German Deposit Guarantee Act applies to all the banks incorporated in Germany, including subsidiaries of foreign banks. Pursuant to this Act, deposits of retail clients, partnerships and corporations are guaranteed up to the amount of € 100,000 per depositor.

a leading European Corporate Bank based in Europe's largest economy, the Investment Bank focussing on its traditional strengths in financing, advisory, fixed income and currencies.

The Deposit guarantee scheme of German banks (Entschädigungseinrichtung deutscher Banken in German) is a private institution legally responsible for guaranteeing the deposits of account holders of German banks in ance with domestic legislation and EU directives.

Thus, following the 2022 Supervisory Review and Evaluation Process (“SREP”), the ECB has asked Deutsche Bank to maintain a common equity tier 1 (CET 1) capital ratio of at least 10.55%, on a consolidated basis, from Jan 1, 2023. This is up from the 10.43% required as of Sep 30, 2022.

The German Deposit Guarantee Act applies to all the banks incorporated in Germany, including subsidiaries of foreign banks. Pursuant to this Act, deposits of retail clients, partnerships and corporations are guaranteed up to the amount of € 100,000 per depositor.