Investor Relations

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. Since 2018, DKB has also been very successful in issuing social bonds and has received a Bond Award from Environmental Finance for the second time in a row. For further information, please refer to our Green and Social Bond Programmes.

Around EUR 9 billion outstanding volume

Since its debut in 2006, the volume of outstanding DKB bonds has risen to around EUR 9 billion as of 31.12.2020 due to the issuance of public-sector and mortgage Pfandbriefe as well as senior unsecured bonds. Of these, the volume of issued Green and Social Bonds is currently EUR 2 billion.

DKB AG's ratings

  Public sector -
Mortgage -
Issuer rating
Moody's rating Aaa Aaa A1
ISS ESG rating - - B-
imug rating very positive (A) positive (BBB) positive (BB)


DKB AG is a 100% subsidiary of BayernLB. You will find further information regarding the rating overview of BayernLB here.

A bank with a focus on retail and corporate customers

With total assets of more than EUR 109.8 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 4.6 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.

Sustainability is our core business

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 building 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 nearly EUR 11 billion.

Financial Reports

The Annual Report 2020 can be downloaded here.

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Further information

Social and Green Bond Programmes

 All information on DKB's Social and Green Bond Programmes

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

Base Prospectus

Social & Green Bonds

All information on DKB's Sustainable Bond Programmes.