Dresdner Bank

What Dresdner Bank does

Dresdner Bank, founded in 1872, was a major German universal bank historically headquartered in Frankfurt. Following Commerzbank AG's acquisition of Dresdner Bank in 2009 — one of the largest banking transactions in German history — the Dresdner franchise was consolidated under Commerzbank AG (the legal entity described in source material), a publicly listed German bank (ticker: CBK) headquartered at Kaiserplatz, Frankfurt am Main. The combined entity operates four primary segments: Privatkunden (retail), Unternehmerkunden (entrepreneurs/SMBs), Wealth Management, and Firmenkunden (corporate), serving exclusively the domestic German market.

Its core product portfolio spans accounts (GiroKonto, Geschäftskonto), credit cards (Visa, Mastercard, American Express), savings products (Tagesgeldkonto/Topzinskonto Plus at 2.25% p.a. variable), investment products including the DirektDepot online securities account with access to 50,000+ securities, ETF and fund savings plans (Sparpläne from €25/month), and the "money mate" managed-investment service. Lending products include Ratenkredit, Sanierungskredit for climate-friendly renovations, Baufinanzierung (mortgages from 4.09% effective), and Gewerbefinanzierung for commercial clients. The technology backbone is a digital banking platform comprising an online portal and the Banking App, distributed alongside a physical branch network and dedicated relationship managers for corporate and wealth clients.

The business model is a multi-stream universal banking model: interest income on loans and deposits, securities trading commissions and transaction fees, recurring account/asset management fees, and subscription-based deposit products. Sub-brands include comdirect (digital banking) and money mate; a strategic partnership with European asset manager Amundi supports ETF distribution. Awards include "Safest Banks" recognition in Germany (Focus Money/Deutschland Test) for online, mobile app, and overall rankings. The bank combines digital-first distribution with traditional branch coverage and is regulated as a full German bank under Commerzbank AG.

Name

Dresdner Bank

Legal name

Commerzbank AG

Website

https://dresdner-bank.de

Company type

Public

Founded year

1870

Operating status

Operating

Headcount range

51–100 employees

Short description

Dresdner Bank, founded in 1872, is now part of Commerzbank AG following its 2009 acquisition. The combined entity is a publicly listed German universal bank serving retail customers, entrepreneurs, wealth management clients, and corporations across Germany with accounts, lending, securities trading, and digital banking.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Commercial Banking (522110)

SIC

National Commercial Banks (6021), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Retail banking services
• Corporate banking
• Wealth management
• Mortgage lending
• Securities trading

Headquarters

HQ city

Frankfurt am Main

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Interest earned on loans, mortgages, and credit facilities offered to retail and corporate customers
2. Securities Trading Commissions: Transaction fees and commissions from securities trading, ETF Sparpläne, and investment products through the DirektDepot platform
3. Account Fees: Monthly account maintenance fees and transaction fees for current accounts (Girokonto, Geschäftskonto)
4. Asset Management Fees: Fees from wealth management services and investment advisory including money mate managed investment service

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Dresdner Bank, since its 2009 acquisition by Commerzbank AG, provides a full-service universal banking offering including retail and business checking accounts, credit cards, savings and call money accounts, securities trading (50,000+ instruments), personal and commercial lending, real estate financing, and wealth management services. Distribution is conducted through online banking, a mobile banking app, physical branches, and dedicated relationship managers serving private customers, entrepreneurs, wealth management clients, and corporate customers within Germany.

Product overview

Commerzbank operates as a multi-channel banking platform offering a comprehensive suite of banking products and services for private customers, entrepreneurs, wealth management clients, and corporate customers. The core product portfolio includes various checking account types (GiroKonto, Geschäftskonto), credit card options (Visa, Mastercard, American Express), and the Banking App for digital banking access. Savings and investment products encompass Tagesgeldkonto/Topezinskonto Plus for call money savings, ETF- and Fonds-Sparpläne for systematic investment, money mate for automated portfolio management, and DirektDepot for self-directed securities trading. The lending range includes Ratenkredit for personal loans, Sanierungskredit for climate-friendly property renovation, Baufinanzierung for real estate purchases, and Gewerbefinanzierung for commercial financing needs. The Amundi partnership enables discounted ETF offerings for customers. The bank combines digital channels with traditional branch services to serve its diverse customer segments.

Differentiator

Problem solved

Functional benefit

Brands

• comdirect: Online banking subsidiary offering digital banking services
• money mate

Products and services

• GiroKonto Primary checking account offering for private customers with account variants including KlassikKonto and PremiumKonto.
• Geschäftskonto Business checking account designed for founders, freelancers, and entrepreneurs, offering 2.75% p.a. on call money deposits.
• Kreditkarten (Credit Cards) Credit card offerings including Visa, Mastercard, and American Express options for secure and flexible worldwide payments.
• Banking App Mobile banking application enabling customers to manage their finances anytime and from anywhere.
• Tagesgeldkonto / Topzinskonto Plus Call money account with 2.25% p.a. variable interest offering daily availability of funds.
• ETF- und Fonds-Sparpläne (ETF/Fund Savings Plans) Investment savings plans in selected ETFs and funds starting at 25 euros monthly, with promotional periods offering zero purchase fees for three years.
• money mate Automated investment service where experts manage money allocation based on customer-specified investment amounts with comprehensive portfolio oversight.
• DirektDepot Online securities account enabling investment in over 50,000 stocks, ETFs, ETCs, funds, and certificates with free account management under certain activity conditions.
• Ratenkredit (Personal Installment Loan) Personal installment loan for flexible use with a quick and easy application process and fixed interest rates.
• Commerzbank Sanierungskredit (Renovation Loan) Renovation loan for property owners seeking to make climate-friendly renovations and sustainably increase property value.
• Baufinanzierung (Real Estate Financing) Real estate financing for property purchases and construction projects, offering 4.09% effective annual interest with binding interest certificate.
• Gewerbefinanzierung (Commercial Financing) Commercial financing solutions including working capital credits, investment loans, and leasing options for business liquidity and project realization.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• AmundicoreGTM or Marketing PartnerStrategic partnership with Amundi, a leading European asset manager, offering ETF investment products at promotional rates. The collaboration provides customers access to selected ETFs as savings plans or lump-sum investments with discounted conditions until August 18, 2026. Commerzbank acts as distribution partner for Amundi investment products.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• TARGOBANK: German retail and consumer credit bank owned by Crédit Mutuel. Competes directly on current accounts, consumer lending (Ratenkredit) and credit cards in the German mass market.
• ING-DiBa: Germany's largest direct bank, a subsidiary of ING Group. Competes head-on with Commerzbank's GiroKonto, Tagesgeld, DirektDepot and consumer lending products in the German retail market.
• Deutsche Bank: Germany's other large universal bank offering retail, wealth and corporate banking. Directly comparable to Commerzbank/Dresdner across customer segments, product breadth and digital channels.
• HypoVereinsbank (UniCredit): UniCredit's German subsidiary offering retail, wealth and corporate banking. Comparable in product mix and German market focus, particularly in the Firmenkunden and wealth segments.
• DKB (Deutsche Kreditbank): Direct bank owned by BayernLB serving retail and corporate clients with current accounts, brokerage and lending. Overlaps significantly with Commerzbank's online retail and SME offerings.
• Postbank (Deutsche Bank subsidiary): Major German retail bank with branch network and online platform, owned by Deutsche Bank. Directly competes for retail deposits, mortgages and consumer credit customers.

Broad incumbents

• Volksbanken und Raiffeisenbanken (BVR): Cooperative banking group with broad German retail and SME presence, organized similarly to Sparkassen. Significant competitor in local deposit-taking and SME lending.
• Sparkassen (Sparkassen-Finanzgruppe): Decentralized network of German public savings banks that dominate local retail and SME banking. Major incumbent competitor across deposits, lending and basic wealth management for German consumers and Mittelstand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dresdner-bank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dresdner Bank