EQS-News

DenizBank AG with excellent operating result for 2023 - Seite 2

Specialist for foreign trade financing and commodity trade finance
DenizBank AG, as a specialist in foreign trade financing, business transactions and initiations in the context of dynamically growing bilateral trade and investment volumes, is an important partner for companies and customers with business relationships.

DenizBank AG also provides financing for enterprises' imports of investment goods with insurance from state supported export credit agencies (ECA Credits). DenizBank AG also provides letters of credit for various types of trade financing and has built up a strong and knowledgeable staff to successfully meet the high demand. 

Given the dynamic nature of commodity markets, DenizBank AG also places emphasis on providing tailored financial solutions to commodity traders. By prioritizing commodity trade finance, the bank aims to strengthen its position as a reliable partner in this sector.

Strategic priorities for DenizBank AG 
DenizBank AG’s commitment to digitalization is unwavering. The bank’s upcoming digital strategy, including the launch of new digital products this year, underscores its dedication to innovation. DenizBank AG aims to enhance customer experiences and stay ahead in the rapidly evolving financial landscape.

By enhancing its private banking offerings, the bank acknowledges the importance of personalized wealth management services for high-net-worth individuals. It provides tailored investment strategies and comprehensive advisory services.

The customers of DenizBank AG benefit from the Group-internal synergies within the DenizBank Financial Services Group and ENBD. DenizBank AG’s strategic focus on trade finance, commodity trade finance, private banking and digitalization reflects its commitment to delivering value to clients, fostering growth, and remaining at the forefront of the banking industry.

All figures and data: Austrian UGB
Link to the annual report: https://www.denizbank.de/en/about-us/annual-reports


Legal notice:
This media information is a marketing communication prepared for non-binding information purposes. It is not a financial analysis and does not constitute investment advice or an offer or recommendation or an invitation to make an offer to buy or sell financial instruments, investments or other banking services. This information has been carefully prepared by DenizBank AG to the best of its knowledge and belief. However, it has not been checked and verified by an independent third party; therefore, no guarantee is given with regard to the accuracy, completeness or correctness of the information and opinions contained herein. Errors and misprints excepted.