DAB BNP Paribas

DAB BNP Paribas is a brand of the German branch of the French major bank BNP Paribas with business premises in Munich. The BNP Paribas brand for independent asset managers, fund brokers, investment advisers and institutional clients was founded on 18 January 1994 as the first discount broker in Germany, trading under Direkt Anlage- und Vermögensverwaltungs-GmbH, and started operations in May 1994 as Direkt Anlage Bank GmbH (DAB). As of 1 January 2016, the operating private customer business was transferred to the BNP Paribas S.A. branch Germany. On 12/13 November 2016, the DAB bank's online portal was shut down and all private customers transferred to Consorsbank.

DAB BNP Paribas
Company typeS.A. (corporation), Joint-stock company
Founded18 January 1994
HeadquartersMunich, Germany
Products
Total assets€5,526.8 billion (2014)
Number of employees
606 (2014)
ParentBNP Paribas
Websiteb2b.dab-bank.de
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.