DKB has been an issuer of covered and senior unsecured bonds in the capital market for many years. It primarily issues bearer and registered Pfandbriefe in a broad range of maturities as well as selected Green Bonds in the senior unsecured format. They are used to refinance wind and solar project loans in Germany. Since 2018 DKB has also been very successful in issuing social bonds for refinancing lending business that creates a social value add. For further information, please refer to our Green and Social Bond Programmes.
The volume of outstanding DKB bonds, which have been placed on the capital market through the issuance of public and mortgage covered bonds (Pfandbriefe) and senior unsecured bonds amounts to around EUR 8 billion as of December 31, 2021. Of these, the volume of issued Green and Social Bonds is currently approx. EUR 2 billion.
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DKB AG is a 100% subsidiary of BayernLB. You will find further information regarding the rating overview of BayernLB here.
With total assets of more than EUR 134.9 billion, Berlin-based DKB is one of Germany's largest banks. The company was set up in 1990 and is a wholly owned subsidiary of BayernLB. Its business activities are focused on the German market. DKB's business is based on two pillars. As an online bank, we help more than 5 million retail customers via the internet, offering them intuitive products on transparent terms. And, as a commercial bank, we provide local authorities and companies in selected industries with tailor-made financing and investment solutions from our branches.
A considerable part of DKB’s business is sustainable, either from an ecological or social perspective. For instance, DKB finances the construction of energy-efficient housing adapted to the needs of the elderly as well as in- and outpatient healthcare facilities and projects in schools and nurseries. The bank has been providing loans for a large number of renewable energy projects mostly in the wind, solar and bioenergy sectors since 1996 and is one of the German key lenders in this field with a loan volume of more than EUR 11 billion.
DKB is an active member of the Association of German Public Banks (VÖB), the Association of German Pfandbrief Banks (vdp), the Banking Association and the AEFMA, for which it pays the corresponding membership subscriptions.
All annual, half-year reports and compensation reports since 2002
All information on DKB's Sustainable Bond Programmes.