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Multi-channel sales decisively strengthened through
– the acquisition of 850 Deutsche Post retail outlets
– the purchase of BHW Holding AG, Hamelin -
Postbank now no. 1 in Germany in private mortgage lending, with portfolio amounting to €62.3 billion
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With 14.6 million customers, largest single institution among German banks
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Consolidation of activities in Luxembourg: In May 2006, inclusion of branch in Deutsche Postbank Int. S.A. (PBI)
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July 17, 2006: Establishment of Postbank Finanzberatung AG and, with it, the integration of the mobile sales forces of BHW and Postbank
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September 18, 2006: Admission to the DAX® stock index of the 30 most important listed companies in Germany
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November 22, 2006: Announcement of the acquisition of payment transaction settlement for HypoVereinsbank AG, Munich, starting on January 1, 2007: Market share in transaction banking now over 20%
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Focus on the core markets: Fourth quarter sale of
– Modrá Pyramida home loan and savings bank, Czech Republic
– BHW Rückversicherung, Luxembourg