The Pax bank EEC with seat in Cologne is a "bank for church and Caritas" and a cooperative. Their members are predominantly mechanisms of the catholic church as well as private people. The establishment took place in the year 1917 in Cologne.
It is beside the bank for church and Caritas EEC, Paderborn, the DKM Darlehnsgenossenschaft and the bank in the diocese meal the smallest one of the four catholic church banks in North Rhine-Westphalia. Their clientele are main dioceses, medal communities, church municipalities and their social mechanisms. Their seven branches in Aachen, Berlin (since 1992), Erfurt, meal, Mainz (since 1985), Trier (since 1980), and Cologne have 160 coworkers, by whom beside that about 5,000 big customers further 24,000 private customers are cared for.
Apart from the achievements the Pax bank offers custom-made services and products to a Universalbank on the clientele. For this count for example European Union conveyance consultation, its own fund pallet (League Pax union fund), the donation consultation and the administration of an estate/Portfoliomanagement. Ethics and lastingness play an important role with the enterprise. Thus the Pax bank presented its own ethics Kodex, which documents economic acting in the area of conflict between ethics and winning vines.
With a balance sheet total of 1.4 billion euro 2004 were reached by the Pax bank a own capital funds profitability by 20 per cent before taxes, a height, which is reached only by few German banks. Beside the branches in Germany the Pax bank maintains a representative office in the Vatikan in Rome since 2001 also.
The PB Assekuranzvermittlung GmbH is a subsidiary company of the Pax bank, which appears as independent insurance brokers at the market and zugeschneiderte in such a way on the Pax bank clientele, individual insurance products to offer can.
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