Deutsche Kreditbank (DKB) is the second-largest direct bank in Germany with 4.5 million customers, fully owned by Bayerische Landesbank.

Deutsche Kreditbank was founded on March 19, 1990 as the first private bank in East Germany, and was set up as a stock corporation.

The share capital was held by the Staatsbank of the GDR, the Verband deutscher Konsumgenossenschaften, the Interhotels, the nationally owned Centrum Warenhaus, and VEB Synthesewerk Schwarzheide.

On 1 April 1990, the bank began operations in the GDR with an opening balance of 286.5 billion East German marks.

[5] In its closing balance on 30 June 1990, the bank's own funds amounted to 11 billion East German marks.

In the following years, the Treuhandanstalt bought the remaining shares from the founding shareholders until the beginning of 1993, when it became the sole owner of the DKB.

According to the report of the Bundesrechnungshof (Federal Audit Office), the buyers received access to the branches, the customer base, and buildings of the GDR banks for preferential prices.

Deutsche Bank subsequently took possession of shares of DKB including 112 branch offices for 310 million marks.

A subsidiary of Dresdner Bank paid 87,3 million Deutsche marks for 41 properties, including buildings that were formerly owned by DKB.

[8] When the Treuhandanstalt was closed on December 31, 1994, DKB was briefly owned by the Federal Ministry of Finance until the bank was sold to BayernLB on January 31, 1995.

The technology underlying the DKB banking app, with which customers can photograph, submit, and pay their bills, was designed by Gini.