DENIZBANK AG: Record profits are growing in Austria and Germany!

DENIZBANK AG: Record profits are growing in Austria and Germany!

Wien, Österreich - Denizbank AG achieved a strong result in 2024, which is reflected in various financial key figures. The annual surplus rose to EUR 161.39 million, compared to 154.24 million euros in the previous year. This marks a significant progress and shows the positive development of the bank.

The total assets were 6.30 billion euros, which represents an increase of 11.7 percent compared to 2023. These key figures underline the solid position of Denizbank in the Austrian and International Bank Sector. The return on equity (ROE) also improved considerably and is now 12.75 percent, after 9.45 percent in 2023.

result and business activity

The result before taxes was also significantly increased and is now 192.60 million euros, compared to 149.18 million euros in the previous year. The Denizbank, which is based in Vienna, employs more than 300 people: inside and has positioned itself as an important player in commercial financing and raw material trading financing. The deposits of its customers are secured by their membership in the statutory uniform security facility of the AUSTRIA GmbH deposit insurance company.

The bank was founded in 1996 and is subject to the Austrian Banking Act. She has been part of the Denizbank Financial Services Group since 2019 and is under the ownership of the Emirates NBD Group.

strategic orientation

The Denizbank specializes in trade financing and thus shows its expertise in international trade. The annual report, which offers detailed insights into the financial situation and strategic plans, is available on the bank's website: denizbank.at .

In summary, it can be said that Denizbank AG achieved strong results in 2024 that underpin its role as a reliable partner in banking and finance.