The DAB bank AG was created in May 1994 as directly plant bank AG in Munich as first Direct a broker of Germany. The executive committee of many years Matthias separated 2002 from the enterprise; it is now executive committee with the piggy bank AG. The enterprise is led cooperatively by Jens Hagemann and Alexander of Uslar same ones. Supervisory board chairman is Andreas successor of Christine Licci, which laid down its offices after the Unicredito assumption and the going power Poker in the HVB as well as in the DAB bank AG.
In the year 2001 renaming took place in DAB bank AG (a redundant acronym) in the context of the assumption of the Direct of broker Selftrade. 2002 were sold Selftrade as well as the DAB bank (Switzerland) again.
The DAB is a direct bank, which offers private people a free depot guidance. All usual securities can be acted and kept over the bank.
Institut belongs to the HypoVereinsbank group, which it platzierte 1999 at the stock exchange. 2001 were listed the bank at the "“Nouveau (new market) that Paris stock exchange. In the year 2005 the HypoVereinsbank 76.36% portions, of 23,64% held was in Streubesitz.Das the enterprise is at present noted in the SDax.
As one of the first institutes, which work without own branch system on the market, the DAB bank AG competes among other things with Comdirect, a daughter of the Commerzbank. This concerns a head on head running, with which both customer number and generated conversion are very near more beeinander. Further direct bank competitors in Germany e.g. are. ING DiBa, Cortal Consors and 1822direkt. The DAB bank is at present (conditions February 2006), after number of customers and customer ability in the range security business the prominent direct bank in Germany and Austria. 2005 (3. Quarter) had the DAB bank AG group of 941,208 customers and administered 23.21 billion euro capital. 2004 accomplished it 3.218.905 customer transactions. To the DAB bank AG group belongs direktanlage.at in the context of the assumption of the bank Austria by the HypoVereinsbank was bought. To 29 September 2005 the rear service bank GmbH with the DAB bank was fused.
On-line Banking portal of the DAB bank is to be characterised after firm names by good barrier liberty and an adjustable meeting duration. Contrary to its competitors the DAB bank does without transaction numbers and works instead with a Traderpasswort.
At the beginning of of 2006 announced the DAB bank to the 1,000 customers, who had locked 2002 a so-called WM-austerity plan, it cannot the contractually guaranteed WM-tickets because of foreign being to blame for of their ticket supplier not supply. Customers concerned based since that time thereupon by Internet sides a community of interests and demand from the bank a remuneration. In the meantime complaint before the regional court Munich was submitted.
In addition the change Dienstleisters for substantial delays and irregularities of the assigned the production of the accounts provided with the production of the security accounts in paper and electronic form.
For at the beginning of of 2007 the bank plans the removal into the office building Laimer cube in Munich, developing at present.
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