DekaBank is the Wertpapierhaus of the German savings banks and, together with its subsidiaries, forms the Deka Group. With total customer assets totalling approximately € 313 billion as at december 2019 and around four and a half million managed securities accounts, the Deka Group ranks among Germany’s major securities service providers. It ensures access to a wide range of investment products and services for retail and institutional investors.
The Deka Group works closely with German Sparkasse savings banks as its exclusive distributors for a broad range of investment instruments designed for retail and institutional investors – from basic products for structured investments all the way to custom-tailored solutions and services for implementing individual investment strategies in different market scenarios.
In addition to the close cooperation in distribution, DekaBank’s strong ties to the world’s largest financial alliance, the Sparkassen-Finanzgruppe, are also shown by its shareholder structure: the German Sparkasse savings banks are the sole shareholders of DekaBank.
DekaBank's roots date back to the year 1918, when Deutsche Girozentrale (DGZ) was founded. Deka as an investment company was founded in 1956; DGZ and Deka joined forces to create DekaBank in 1999.
The Deka Group has arranged its activities in five business divisions. These work closely together with one another and with the Savings Banks Sales & Marketing head office unit and the Corporate Centres.