Deutsche Postbank

The first board of Postbank consisted of Günter Schneider, Rudolf Bauer and Bernhard Zurhorst.

On 1 January 1995, following the new postal reform legislation (Gesetze zur Postreform II) of 1994, Postbank became an independent, joint stock company.

The IPO of Postbank on 23 June 2004 was the largest stock market launch in Germany for the past 2 years.

On 25 October 2005 Postbank announced its intention to acquire a 76.4 percent stake of the home financing specialist, Beamten-Heimstättenwerk (BHW).

With the acquisition of BHW Deutsche Postbank became Germany’s leading financial services provider for retail customers.

[9] Since May 2018, Postbank has been merged with the DB Privat- und Firmenkundenbank as a subsidiary of Deutsche Bank.