Company profile of PSD Bank Berlin-Brandenburg eG

PSD Bank Berlin-Brandenburg emerged from the Post-Spar- und Darlehnsverein as a modern direct bank for private customers. Many of the more than 80,300 customers are employees of the postal service, Telekom, and Postbank or work in civil service. The bank offers excellent conditions that often place it at the top of product comparisons and list above average growth in the investment and credit sectors.

Concept
As an advisory direct bank with branches in Berlin-Friedenau, PSD Bank Berlin-Brandenburg eG has expanded its traditional orientation as a post and telephone bank with an attractive internet model. The guiding commercial idea is the cooperative principle of facilitating members and clients: competitive edges gained by efficient business transactions are combined with good conditions and transferred to borrowers and investors.

Structure
PSD Bank Berlin-Brandenburg eG belongs to the German federation of Peoples and Raiffeisen banks (Bundesverband der Volks- und Raiffeisenbanken, BVR) together with 14 other independent PSD banks and is a member of the BVRs Deposit Protection Fund.

The balance sheet total for fiscal year 2006 was 1,374.2 million.

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