The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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DekaBank Deutsche Girozentrale is the central asset manager for the German Sparkassen-Finanzgruppe<br />
(Savings Banks Financial Group). With assets under management (AMK and AMI) of approximately<br />
€ 155 billion, DekaBank group is ranked amongst Germany’s largest financial service providers. Private<br />
and institutional investors can choose from a wide range of equity, bond and property as well as mixed<br />
funds. Germany’s savings banks and Landesbanken are exclusive sales partners for our funds. <strong>The</strong> Deka-<br />
Bank group is active in the business areas of capital market asset management, real estate asset management<br />
as well as corporates & markets. In our business division Asset Management Capital Markets, we<br />
focus on management of 621 public funds, 364 special funds, 136 advisory/management mandates as well<br />
as fund-linked asset management (as at 31 December 2010). <strong>The</strong> range of services also includes activities<br />
of the Master KAG (136 mandates), which institutional customers use to pool their assets under management<br />
with one investment company. <strong>The</strong> Group’s property expertise is pooled in the Asset Management<br />
Property (AMI) business division. It offers products based on property investments and property finance<br />
for private and institutional investors. <strong>The</strong> business division is the largest provider of open-ended property<br />
funds in Germany and one of the leading property asset managers in Europe. <strong>The</strong> Property Finance<br />
sub-division complements the range of services with tailored financing solutions for professional property<br />
investors across the globe. <strong>The</strong> lending, trading and sales activities of the Capital Markets and Treasury<br />
business have been grouped togehter in the Corporates & Markets (C&M) business division. <strong>The</strong> three subdivisions<br />
Credits, Treasury and Markets make C&M the service provider for the Asset Management business<br />
divisions. In addition C&M acts as a partner for institutional investors. In its capacity as a <strong>Pfandbrief</strong><br />
issuer, DekaBank has a longstanding history as an important partner for institutional investors.<br />
94<br />
Rating: Mortgage Public Short-term Long-term Financial<br />
<strong>Pfandbrief</strong>e <strong>Pfandbrief</strong>e liabilities liabilities strength<br />
Moody’s – Aaa P-1 Aa2 C<br />
Standard & Poor‘s – AAA A-1 A –<br />
Selected key figures<br />
Total assets<br />
Mortgage loan portfolio<br />
Mortgage loan commitments<br />
Public-sector loan portfolio 1)<br />
Public-sector loan commitments 1)<br />
Total funds outstanding (registered and bearer bonds)<br />
Mortgage <strong>Pfandbrief</strong>e<br />
Public <strong>Pfandbrief</strong>e<br />
Unsecured bonds<br />
Promissory notes<br />
Jumbo issues outstanding<br />
Refinancing funds raised<br />
Mortgage <strong>Pfandbrief</strong>e<br />
Public <strong>Pfandbrief</strong>e<br />
Unsecured bonds<br />
Promissory notes<br />
Own funds as shown in the balance sheet – total –<br />
Core capital (without net income) 2)<br />
Profit-sharing capital<br />
Subordinated liabilities<br />
Net interest income<br />
Administrative expenditure<br />
Provisions for risks<br />
Earnings before tax<br />
Economic result<br />
2010<br />
€ million<br />
130,304<br />
7,970<br />
2,504<br />
39,891<br />
4,969<br />
30<br />
19,513<br />
32,464<br />
8,585<br />
2,500<br />
20<br />
2,262<br />
1,419<br />
1,164<br />
4,080<br />
83<br />
853<br />
422<br />
836<br />
52<br />
877<br />
925<br />
2009<br />
€ million<br />
133,283<br />
7,243<br />
1,988<br />
45,136<br />
2,875<br />
10<br />
22,000<br />
31,166<br />
8,620<br />
4,000<br />
0<br />
2,945<br />
4,229<br />
1,529<br />
3,471<br />
83<br />
1,078<br />
473<br />
806<br />
-352<br />
520<br />
662<br />
1)<br />
public sector loans + securities of public sector issuers<br />
2)<br />
incl. fund for general banking risks (§ 340 g HGB)
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