Degussa Bank

Degussa Bank
Company typeAktiengesellschaft
IndustryUniversal bank
Founded1873[1]
HeadquartersFrankfurt, Germany[1]
Total assets€ 6,106 million (2018)[2]
Number of employees
687 (2018)[2]
Parent
  • OLB (2024–present)
Websitewww.degussa-bank.de

The Degussa Bank AG, based in Frankfurt, is a German universal bank.[3] With a balance sheet total of €6.106 million in 2018,[2] it has more than 250 branches in Germany, mainly in industrial, business and technology parks as well as at corporate locations.

On April 30, 2024, it was announced that Oldenburgische Landesbank (OLB) had completed the acquisition of the Frankfurt-based financial institution.[4]

  1. ^ a b "Company Overview of Degussa Bank AG". Bloomberg. Retrieved 9 December 2018.
  2. ^ a b c "Geschäftsbericht 2018". Degussa Bank. Retrieved 30 July 2019.
  3. ^ "Degussa Bank AG". relbanks.com. 7 December 2017. Retrieved 9 December 2018.
  4. ^ "OLB successfully completes acquisition of Degussa Bank". EQS News. 30 April 2024. Retrieved 2024-05-27.