Top List of Banks in Germany

In Germany, there are several different banks to choose from. Whether you're looking for a bank with low-interest rates or one with a great financial advisor, the right bank is out there. But finding the best can be challenging. We've done the research and found the top 10 banks in Germany. These banks have been rated high by customers and have excellent customer service ratings. Check them out!

Deutsche Bank AG

Deutsche Bank AG is one of the largest financial institutions in the world. It provides a wide range of products and services in investment banking, asset management, private banking, and transaction banking. In addition, it is a leading provider of retail banking products and services to private individuals and small- to medium-sized companies in Germany. The bank is also active in the field of real estate finance as well as corporate finance (capital markets and global markets).

The firm's business activities are divided into global markets, Corporate & Investment Banking (CIB), and Private & Business Clients (PBC). The Global Markets segment comprises Deutsche Bank's sales, trading and structuring businesses for debt securities and currencies, interest rate products, commodities, and equity securities. It also includes the bank's principal financing activities.

Total Assets: €1.324 trillion (2021)

Employees: 84,659

Branches: 1,931

Commerzbank AG

Based in Frankfurt am Main, Commerzbank AG is a multinational German banking and financial services company serving more than eleven million private and institutional clients. Commerzbank is Germany's second-largest bank by total assets, although its market capitalization was fifth among German companies. The bank was founded in 1870, and its headquarters were located in the city of Frankfurt am Main throughout its history.

Commerzbank offers a full range of investment banking and corporate finance products and services to its customers and clients worldwide, including mergers and acquisitions (M & M&A) advisory services, debt, equity underwriting, private placements, institutional sales, trading, and research. 

Total Assets: 462 billion EUR

Employees: 49,174

Branches: 1,237

KfW Bankengruppe

KfW is a leading German development bank headquartered in Frankfurt am Main. KfW Bankengruppe, owned by the Federal Republic of Germany (80%) and the federal states of Germany (20%), is one of the largest European promotional banks. It supports the federal government and federal states with promotional financing, international project business, and advisory services. KfW Bankengruppe offers a wide range of banking services to private and corporate customers:

Assets: 472.3 billion EUR

Employees: 6,705

Branches: 80

Private Customers: Savings accounts, mortgages, retirement provision

Corporate Customers: Working capital loans, investment loans, advice on setting up businesses abroad

HypoVereinsbank (UniCredit Bank AG)

The HypoVereinsbank (UniCredit Bank AG) is one of the largest banks in Germany with total assets of EUR 300.8 billion as of December 31, 2014, and 12,194s in its 600 branches throughout Germany in 2019.

HypoVereinsbank (UniCredit Bank AG) offers a wide range of products and services for private clients, including savings accounts, investment funds, bonds, securities and certificates, mortgages, and loans. For corporate clients, it provides leasing and factoring services, cash management products, loans, guarantees, letters of credit, and support for mergers and acquisitions.

DZ Bank AG

DZ Bank's primary business areas are corporate finance, capital market operations, foreign exchange and money market trading, and securities services for institutional investors. As a central institution for approximately 800 cooperative banks, it provides retail customers with personal advice on investment products and insurance products throughout Germany via its subsidiary DVAG (Deutsche Vermgensberatung).

  • Assets under management are 596 billion EUR.

  • DZ Bank employs 31,410 staff members and has 8,500 branches.

Landesbank Baden-Württemberg

Landesbank Baden-Württemberg, or LBBW, is one of the largest banks in Germany, with total assets of EUR 304 billion. Headquartered in Stuttgart, it employs around 10,017 staff and has a network of more than 200 branches throughout Baden-Württemberg.

LBBW offers a full range of commercial banking services to private and corporate customers. In addition to its core activities, LBBW also provides investment banking and asset management services.

LBBW was formed in 1999 when the former state development bank Landesgirokasse merged with the state savings bank Landesbank Baden-Württemberg (LBBW). 

Bayerische Landesbank (BayernLB)

Bayerische Landesbank (BayernLB) is the central institution of the cooperative financial network in Bavaria. It has been owned since its founding in 1946 by the Free State of Bavaria, Bavaria's counties, cities, and municipalities, as well as more than 450 cooperative banks and their associations. The bank is headquartered in Munich.

BayernLB is active globally with a strong regional presence in Germany. Its core business areas are Real Estate Finance, Corporate Banking, Capital Markets, and Special Asset Management. The bank's key markets are Germany and Europe. The bank also maintains branches in New York City, Shanghai, Singapore, and Sydney and has representative offices in various countries worldwide.

Assets: 151,92 bln EUR

Employees: 7,703

Norddeutsche Landesbank (Nord/LB)

The Norddeutsche Landesbank (Nord/LB), founded in 1970, is an institution with a regional focus. As such, it is a strong partner for our customers and shareholders.

With total assets of 160 billion EUR and 6,453 employees worldwide, Nord/LB is the number one commercial bank of Lower Saxony, Saxony-Anhalt, and Mecklenburg-Western Pomerania. In addition, the Group’s national and international business activities make it a leader in Germany.

The Group’s core business comprises corporate banking services and retail banking services in its home markets. Nord/LB also offers its leasing subsidiaries and ship and aircraft financing to customers worldwide.

Landesbank Hessen-Thüringen (Helaba)

Landesbank Hessen-Thüringen (Helaba) is the central institution of the savings banks in Hesse and Thuringia. The Bank is a full-service bank with a nationwide focus and the statutory mandate to promote savings banks. As a member of the Savings Banks Finance Group, Helaba operates as an independent bank serving public-law institutions, regional savings banks, cooperative banks, and private customers. With around 5,947 employees and total assets of about 2.193 trillion EUR, we are one of the largest national banks in Germany.

Headquarter: Frankfurt am Main

Services offered: Leasing, Factoring, Asset management, Fund management

NRW Bank

The NRW Bank is the central institution for financing economic and social development in North Rhine-Westphalia. The Bank provides financial services for the state government, local authorities, and the public sector. As a business bank, we also offer products and services to private enterprises.

The NRW Bank supports the state's development policy by providing loans, guarantees, and equity capital. The investments are made in up-and-coming enterprises, research institutions, schools and universities, and hospitals. It aims to promote economic growth in North Rhine-Westphalia.

Assets: 147 billion EUR

Employees: 1348


Q: Which bank is the most popular in Germany?

A: The Deutsche Bank.

Q: Why is the Deutsche Bank so popular?

A: Because it has excellent customer service.