December 30, 2004
In 2005, Postbank is celebrating its tenth birthday. On January 1, 1995, the Federal Minister of Post of the day, Wolfgang Bötsch, launched Postbank as an independent successor company to Deutsche Bundespost Postbank.
December 23, 2005
As of 1 January 2005, Deutsche Postbank AG acquires the London branch of ING-BHF Bank. The contract regulating this was signed on 23 December 2004. With its 58 staff, the ING-BHF London branch operates primarily in the area of commercial property financing in Great Britain.
December 09, 2004
Germany's retailers intend to further expand sales on the Internet. 84.4 percent of pure-play online retailers and 69.4 percent of offline retailers with additional online sales will invest in Internet sales in 2005.
December 06,2005
Aktion MENSCH and the Stiftung Digitale Chancen (Digital Opportunities Foundation) have honored Postbank with a golden BIENE award. In Berlin on December 3, the judges awarded the golden prize for the first time in the category “e-commerce” for the best barrier-free online banking in Germany.
November 15, 2005
Consumer satisfaction in online retail is increasing. In particular, online auctions and international shops are gaining more and more importance. Many shoppers still have security concerns. However, with increasing use of online retail the fear of misuse is decreasing.
November 09, 2005
With the best nine months in its history, the positive trend at Deutsche Postbank continued in the third quarter of 2004. As against the very good prior-year period, profit before tax rose by 33% to €160 million. It was also higher than the second quarter of 2004 by almost 10%. On a cumulative basis, profit before tax increased by approximately 39% to €449 million. After taxes and minorities, net profit for the first nine months totaled €291 million.
September 29, 2005
Postbank has launched its new software for consumer lending. From today, the program, which was developed jointly with SAP, will be used to process all mortgage lending and annuity loans for Postbank's private customers.
August 09, 2005
With a considerable upturn in profit before tax to €289 million, Deutsche Postbank AG published its figures for the first half of 2004. For the first time since the IPO on 23 June, the Bonn-based bank presented figures on the development of business.
July 01, 2005
In connection with the Deutsche Postbank AG IPO, Morgan Stanley Bank AG announced in its function as stabilization manager the placement of up to 50 million Deutsche Postbank AG shares as well as the placement of conversion bonds on Deutsche Postbank AG shares for EUR 983 million and that the syndicate banks exercised their greenshoe for the purchase of a further approximately 4.5 million shares and further convertible bonds at a nominal value of approx. €98.3 million.
June 28, 2004
Further to the announcements on 23 June 2004 regarding the offering of an aggregate amount of EUR 1,425 million of equity of Deutsche Postbank AG (base deal excluding greenshoe option), Deutsche Post AG announces that the Joint Bookrunners have exercised today the option to subscribe for additional approx. 4.5 million shares of Deutsche Postbank AG.
June 23, 2004
The Postbank share and the conversion bond were placed successfully. The share was oversubscribed by a factor of two and a half. It was very well received by German and international institutional investors. Over 20 percent of the volume was allocated to retail investors. After the close of bookbuilding, an issue price of EUR 28.50 was determined.
June 07, 2005
The expected subscription period for the Postbank share is from Monday June 7 to Friday June 18, 2004. In commencing the bookbuilding process, Dr. Klaus Zumwinkel, Chairman of the Board of Management of Deutsche Post AG and Prof. Wulf von Schimmelmann, Chairman of the Deutsche Postbank AG Board of Management announced the further timetable for the initial public offering.
May 28, 2004
The Chairman of the Deutsche Post AG Board of Management, Dr. Klaus Zumwinkel reiterated the unchanged intention of his company to launch Postbank on the stock exchange as announced.
May 28, 2004
The Deutsche Postbank AG Annual General Meeting appointed three new Supervisory Board members. Wilfried Boysen and Elmo von Schorlemer joined the board with immediate effect. Dr. Peter Hoch will join them as of July 1, 2004.
May 18, 2004
Deutsche Postbank International S.A. once again increased its earnings in fiscal 2003. In the context of only hesitant recovery on the financial markets, the Luxembourg-based subsidiary of Deutsche Postbank AG increased its profit before tax by almost 2% to some €22.8 million.
May 17, 2004
Postbank direct, the online financial portal for private customers, is now being used to expedite banking transactions. With Postbank direct, customers can now track incoming and outgoing checking account payments to the minute – including all information about the intended use.
May 13, 2004
At the Annual General Meeting of Deutsche Post AG in Cologne on May 6, the Chairman of the Board of Management of Deutsche Post AG, Dr. Klaus Zumwinkel announced that even though the Postbank IPO was scheduled for 21 June 2004, the company was observing the market developments in a flexible fashion in order to obtain a optimum result for the shareholders.
May 06, 2004
The IPO of Postbank is scheduled for 21 June 2004, reported Dr. Klaus Zumwinkel, Chairman of the Deutsche Post World Net Board of Management and Prof. Wulf von Schimmelmann, Chairman of the Postbank Management Board to journalists in Cologne on Thursday. The determination of the price range was to take place on June 5/6. The subscription period would then last from June 7 to June 18, 2004.
May 03, 2004
The soccer event of the year is just around the corner and enthusiasm for the “most important triviality in the world” is growing. Postbank is launching a new credit card on the market in May for all soccer fans: the Postbank Fußball MasterCard.
April 06, 2004
Starting in July 2004, Postbank will process the German domestic and parts of the foreign payment transactions for Deutsche Bank. An agreement on this was signed today.
April 02, 2004
Postbank has set up its own company for the field of corporate customers, namely “PB Firmenkunden AG”. The new subsidiary is geared towards providing support for SMEs and large companies.
April 01, 2004
With immediate effect, Postbank is expanding its range of innovative savings and investment products in the form of “Postbank Bonus Volltreffer”. This is a six-month time deposit investment where the return depends on the success of the German national team in the football competition of the year in Portugal.
March 23, 2004
Deutsche Postbank AG intends to realize its IPO plans earlier than originally scheduled. "Should nothing unforeseen occur, the Postbank share will be listed on the German exchanges before the summer break."
March 23, 2004
The Supervisory Board of Deutsche Postbank AG appointed Andreas Bezold as CFO of the bank as of April 1. This position was previously held by Chairman of the Management Board of Postbank, Prof. Dr. Wulf von Schimmelmann.
March 11, 2004
T-Mobile Deutschland and Postbank are turning the cell phone into a mobile banking branch: both market leaders have agreed a strategic cooperation to further develop mobile banking in Germany.
March 11, 2004
As of May 2004, Postbank is set to settle payment transactions for Dresdner Bank. A corresponding contract was signed today. The partners view the long-term cooperation that has now been agreed as an important step towards implementing their strategic focus on their respective core business and exploiting synergies in the German payment transaction market.
February 24, 2004
Deutsche Postbank AG has taken on the settlement of cross-border euro payments for the Eurogiro network. The Bonn-based bank, a major payment transactions service provider, saw off competitors from several European countries to be appointed euro settlement service provider.
