Provides digital banking services, focusing on sustainability and social housing.
Deutsche Kreditbank AG (DKB) is one of Germany's largest digital banks, headquartered in Berlin. Founded in 1990, it is a wholly-owned subsidiary of Bayerische Landesbank (BayernLB). DKB operates as a direct bank for retail customers across Germany and provides corporate banking services through 26 locations nationwide. DKB focuses on two main areas: retail banking for private customers (offering accounts, credit cards, and investments) and corporate banking (providing loans and financing). The bank has a strong emphasis on sustainability, with at least 85% of its funds reinvested in sustainable sectors such as agriculture, renewable energy, and social infrastructure. As of 2023, DKB serves over 5.4 million customers and has total assets of approximately €118 billion. The bank is particularly known for its free current account and credit card offerings, as well as its commitment to financing renewable energy projects. In March 2024, DKB received a €100 million framework loan from the European Investment Bank (EIB) to finance small and medium-sized onshore wind and solar photovoltaic projects in Germany. This initiative aims to support the energy transition, with individual sub-projects having investment costs of up to €50 million. The total investment, including DKB's contribution, is expected to reach at least €200 million.