DAB BNP Paribas
German corporate subsidiary / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Direkt Anlage Bank?
Summarize this article for a 10 year old
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.[1]
Company type | S.A. (corporation), Joint-stock company |
---|---|
Founded | 18 January 1994 |
Headquarters | Munich, Germany |
Products | |
Total assets | €5,526.8 billion (2014) |
Number of employees | 606 (2014) |
Parent | BNP Paribas |
Website | b2b |