DekaBank

DekaBank Deutsche Girozentrale is a bank headquartered in Frankfurt am Main, Germany, which with its subsidiaries forms the Deka Group, the self-described securities house of the German Sparkassen savings banks, which wholly own it. It was formed in 1999 by the merger of Deutsche Girozentrale and DekaBank GmbH, and at June 30, 2026, its asset management volume was about €463.5 billion.

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Key facts

1918–1996Predecessors

Its predecessor Deutsche Girozentrale (DGZ) was founded in Berlin in 1918, and Deka Deutsche Kapitalanlagegesellschaft mbH was founded in Düsseldorf on August 17, 1956, becoming DekaBank GmbH in 1996.⁠[1]

1999–2011Merger and Ownership

DGZ and DekaBank GmbH merged on January 1, 1999, and the bank was renamed DekaBank Deutsche Girozentrale in 2002; in 2011 the Sparkassen became its sole owners.⁠[1]

2025Full-Year Results

Results for 2025, published on April 14, 2026, showed an economic result (Wirtschaftliches Ergebnis) of €962.9 million for the Deka Group, against €892.2 million a year earlier, and asset management net sales of €24.4 billion, up from €13.9 billion. At year-end its asset management volume was €431.4 billion, total assets about €87.2 billion and its common equity tier 1 ratio 21.2%.⁠[2]

First Half of 2026: Interim Figures

In the first half of 2026 the Deka Group’s economic result was €546.3 million, compared with €520.1 million a year earlier. At June 30, 2026, its asset management volume was about €463.5 billion, it had 6,075 employees and its common equity tier 1 ratio was 19.4%; its long-term ratings were Aa1 from Moody’s and A+ from S&P.⁠[3]

October 2026Crypto Trading Launch

On October 19, 2026, DekaBank announced the gradual rollout of “Krypto – powered by Deka” in the Sparkasse app, initially covering Bitcoin, Ethereum, Solana SolanaSolana is a proof-of-stake (PoS) public blockchain designed for high throughput and low latency, with SOL as its native token; it was developed by Solana Labs and launched Mainnet Beta in March 2020. It is known for design choices such as its Proof of History clock and parallel execution, suffered several network-wide outages in its early years, and became one of the crypto industry’s focal points in events including the FTX collapse, U.S. SEC lawsuits, and the listing of Solana ETFs.Open the full entry, XRP and Polygon for a fee of €0.99 per order. The assets and private keys are held in Deka’s own wallet, and the bank obtained the relevant MiCAR licence from BaFin in 2025.⁠[4]

Profile: Ownership and Business

The Deka Group is wholly owned by the German Sparkassen and manages assets mainly for the Sparkassen and their customers, with more than 6 million securities accounts. Its management board is chaired by Georg Stocker, and it is headquartered in Frankfurt am Main.⁠[5]