Interest
|
|
| Nominal interest rate | 2.67% pa |
|---|---|
| Effective interest rate | 2.67% pa |
| Compound interest | No |
| Duration | 1 year |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €20,000.00 - €100,000.00 |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | In Lithuania, a withholding tax of 15% is levied, which can be reduced to 10% if this option is stated in the product information sheet. To qualify for a withholding tax reduction, please submit a certificate of residence and another tax form no later than four weeks before the interest payment date (due date). |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Finora Bank is part of the Finora Group, which has been operating since 2014. The bank operates in Estonia and Lithuania, offering loans, leasing, and factoring services to small and medium-sized enterprises (SMEs). The bank's founders and managers are highly qualified professionals with more than 25 years of experience in the financial sector. In its daily business, the bank aims to be a well-known and trusted bank in the SME segment. Finora Bank therefore offers its services using digital solutions.
Lithuania, the southernmost and largest state in the Baltic region, has been an independent semi-presidential democracy since 1990. Like the rest of the Baltic region, Lithuania has been strongly oriented politically and economically towards Europe since its independence and has been a member of the European Union (EU) since 2004 and part of the Eurozone since 2015. Lithuania's economic growth is stable, and its national debt, at 40.2% of GDP (as of 2016), is very low by European standards. Due to its geographical location and long history, Lithuania is culturally diverse and influenced by a wide variety of cultures.
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
|
Interest
|
|
| Nominal interest rate | 2.65% pa |
|---|---|
| Effective interest rate | 2.65% pa |
| Compound interest | No |
| Duration | 1 year |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Extension | No |
| Withholding tax | European Merchant Bank UAB will withhold a withholding tax of 15%, which cannot be reduced. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
The European Merchant Bank (EMBank) was licensed by the European Central Bank in December 2018. Based in the Lithuanian capital Vilnius, the bank is distinguished by its many years of experience and management expertise in the European banking sector. The European Merchant Bank's offering primarily consists of financial products for small and medium-sized enterprises (SMEs). Its product portfolio includes lending, fixed-term deposit products, and commercial loans. The bank's goal is always to achieve high customer satisfaction through financial expertise and modern technology solutions.
Lithuania, the southernmost and largest state in the Baltic region, has been an independent semi-presidential democracy since 1990. Like the rest of the Baltic region, Lithuania has been strongly oriented politically and economically towards Europe since its independence and has been a member of the European Union (EU) since 2004 and part of the Eurozone since 2015. Lithuania's economic growth is stable, and its national debt, at 40.2% of GDP (as of 2016), is very low by European standards. Due to its geographical location and long history, Lithuania is culturally diverse and influenced by a wide variety of cultures.
| Additional bank information | |
| Year of foundation | 2018 |
|---|---|
| Place of foundation | Vilnius |
| Number of employees | 64 |
| Sales focus | Corporate banking, corporate loans, working capital loans, leasing, deposit business |
| Countries in which the bank has branches | Lithuania |
| Total capital ratio | 17.60% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100.00% |
| Country of deposit insurance | Lithuania |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: A2, S&P: A, Fitch: A, DBRS: A high |
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.45% pa |
|---|---|
| Effective interest rate | 2.45% pa |
| Compound interest | No |
| Duration | 3 months |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | There is no withholding tax in Malta. Interest income in Germany is subject to withholding tax, the solidarity surcharge, and, if applicable, church tax. Allianz Bank is obligated to withhold tax. The tax treatment depends on the investor's personal circumstances. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
FIMBank plc is a licensed credit institution headquartered in Malta. It is listed on the Malta Stock Exchange and just celebrated its 25th anniversary in 2019. FIMBank is a leading international provider of trade finance, factoring, and forfaiting services, operating in several key financial and trading centers around the world. As a customer-centric service provider, FIMBank focuses on optimizing business performance and growth strategies. It offers customized trade finance solutions for corporate clients in over 50 countries around the globe. FIMBank is a member of the KIPCO Group, one of the largest holding companies in the Middle East and North Africa. The KIPCO Group employs over 16,000 people across 60 companies in over 24 countries.
Malta is a member of the European Union and, since 2008, of the Eurozone. Malta is classified as a modern economy by the International Monetary Fund and a high-income country by the World Bank. The World Economic Forum describes Malta as particularly innovation-oriented. The strengths of the Maltese economy lie in its strategic location in the middle of the Mediterranean, in the triangle between Europe, North Africa, and the Middle East, its open market economy, its multilingual population (88% of Maltese people speak English), and its well-developed financial and information and communications technology centers. At the beginning of 2018, Malta was rated A- by Standard & Poor's and A3 by Moody's. At 69.8% of GDP, Malta's public debt is lower than that of Germany, France, the United Kingdom, and Austria.
| Additional bank information | |
| Year of foundation | 1994 |
|---|---|
| Place of foundation | St. Julian's |
| Number of employees | 172 |
| Number of branches / offices | 2 |
| Sales focus | Deposit business, factoring, commercial real estate financing, corporate loans |
| Countries in which the bank has branches | Malta, Greece, United Arab Emirates |
| Total capital ratio | 18.20% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Average return on equity over the last three years | -3.30% |
| Listed on the stock exchange | Yes |
| Bank rating | Fitch: B |
| Parent company shares in the bank | 100.00% |
| Country of deposit insurance | Malta |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: A2, S&P: A-, Fitch: A+, DBRS: A high |
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 2.43% pa |
|---|---|
| Effective interest rate | 2.43% pa |
| Compound interest | No |
| Duration | 3 months |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 10,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
IBL Banca is a major player in Italy's personal lending sector and is among the most competitive banks offering interest-bearing accounts. Founded in 1927 as the Istituto Nazionale di Credito agli Impiegati (National Institute for Credit for Undergraduates), the bank was transformed into a bank in 2004 and into a banking group in 2008. The IBL Banca Group operates in Italy with over 55 branches and representative offices. In 2018, IBL Banca received its first official rating (BBB) from the European agency Scope. This rating was confirmed in 2021, making the bank an investment-grade issuer. The final rating is based on the bank's market-leading position and very solid financial data, such as capitalization and asset quality.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 1927 |
|---|---|
| Place of foundation | Rome |
| Number of employees | 733 |
| Number of branches / offices | 53 |
| Sales focus | Insurance, consumer loans, payment solutions |
| Countries in which the bank has branches | Italy |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 7.85% |
| Average return on equity over the last three years | 8.87% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100.00% |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
|
Interest
|
|
| Nominal interest rate | 2.31% pa |
|---|---|
| Effective interest rate | 2.36% pa |
| Compound interest | No |
| Duration | 6 months |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension is not possible. |
| Withholding tax | In Austria, a withholding tax of 25% is levied, but this tax is waived if the "Declaration of Natural Persons for the Purposes of Domestic Withholding Tax Relief" is submitted on time. We will provide you with this declaration pre-filled in your online banking system with confirmation of the attachment. The document is valid for five years from the date of signature by the tax office – and thus also for further attachments during this period. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Austrian Anadi Bank AG is a challenger to the status quo, headquartered in Klagenfurt am Wörthersee. It operates in the core areas of digital banking, corporate banking, and public finance. Its primary goal is to provide simple and cost-effective digital services to its customers. From Carinthia to all of Europe: Anadi Bank was founded in 1896 as a state mortgage institution. Since then, it has stood the test of time and overcome numerous financial and geopolitical crises. Throughout its history, Anadi Bank has required a great deal of staying power and has repeatedly had to prove its ability to adapt to a new environment. This resilience is even reflected in its name: "Anadi" means "eternal" in Hindu. Regional value creation and support for the people of the region: Anadi Bank employs around 180 people. Almost 140 of them work in the digital sector. In recent years, it has created almost 100 digital jobs in Carinthia, thus making a tangible contribution to strengthening Carinthia as a business location. The strategic cooperation with the University of Klagenfurt, launched in 2023 to promote young talent, is also driving forward promising topics such as digitalization and AI. In the coming years, the bank plans to create additional new jobs in Carinthia. The state of Carinthia has close ties to Anadi Bank. Based on its history, the bank also sees a responsibility to make a contribution beyond job creation. With its association "Anadi hilft," the bank does just that: It supports selected social projects in the region and thus aims to strengthen social cohesion.
The Republic of Austria is a democratic and federal landlocked country in Central Europe, a member of the EU since 1995 and a founding member of the OECD. With a higher per capita gross domestic product than Germany, Austria is one of the wealthiest countries in the EU. The Austrian economy is characterized primarily by the high proportion of renewable energy used in energy consumption, which is primarily due to the use of hydropower in the Alps. The country maintains high standards regarding banking secrecy, compliance, and investor protection and enjoys an Aa1/AA+ financial rating. Austria as a banking center is governed by strict legal requirements, compliance with which is continuously monitored by the supervisory authorities.
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
Detailed information can be found in the offer
details in the sustainability data sheet
Sustainable
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 1.90% pa |
|---|---|
| Effective interest rate | 1.91% pa |
| Compound interest | No |
| Duration | 6 months |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | In Germany, interest income is subject to withholding tax, the solidarity surcharge, and, if applicable, church tax. Allianz Bank is obligated to withhold tax. The tax treatment depends on the investor's personal circumstances. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Sustainability data sheet
Creditplus Bank was founded in 1960 in Stuttgart, where it is still headquartered today. With its clear focus on consumer loans and the diversity of its sales channels, Creditplus Bank is unique in Germany. Its activities focus on simple yet responsible lending. As a wholly owned subsidiary of CA Consumer Finance, Creditplus Bank is part of the Crédit Agricole banking group, one of the largest banking groups in the world. As part of this banking group, Creditplus Bank is committed to cooperative principles and builds on values such as solidarity, democracy, and reciprocity. The satisfaction and interests of customers, employees, shareholders, and cooperative members are always at the heart of its actions.
The Federal Republic of Germany is by far the strongest trading nation among the member states of the European Union. Germany is one of the few countries worldwide to boast the highest possible AAA rating (highest credit rating) from all three major rating agencies.
| Additional bank information | |
| Year of foundation | 1960 |
|---|---|
| Place of foundation | Stuttgart |
| Number of employees | 727 |
| Number of branches / offices | 20 |
| Sales focus | Consumer loans, deposit business, sales financing, insurance, building society |
| Countries in which the bank has branches | Germany |
| Total capital ratio | 14.99% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 1.80% |
| Average return on equity over the last three years | years 3.97% |
| Listed on the stock exchange | No |
| Bank rating | Moody's: Aa2, S&P: A+, Fitch: A+, DBRS: A high |
| Parent company shares in the bank | 100.00% |
| Country of deposit insurance | Germany |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Aaa, S&P: AAA, Fitch: AAA, DBRS: AAA |
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 2.39% pa |
|---|---|
| Effective interest rate | 2.40% pa |
| Compound interest | No |
| Duration | 9 months |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €1,050,000 SEK per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1,000.00 € - 85,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | There is no withholding tax in Sweden. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Qred is a Swedish bank founded in 2015 with the mission to improve small business banking and prioritize customer needs. Headquartered in Stockholm, the company operates in several Northern European markets and is the market leader in small business financing in the Nordic region. In its day-to-day operations, Qred focuses particularly on flexible and fair financing—including providing a credit card specifically for entrepreneurs, lending, and factoring services.
Sweden is a parliamentary democracy with a monarchical head of state and is located in Northern Europe. The country has been a member of the European Union since 1995, but has its own currency, the Swedish krona (SEK). Sweden has a high per capita income and a healthy economy, which is why it has been awarded an AAA credit rating by leading rating agencies.
In accordance with EU Directive 2014/49/EU on deposit guarantee schemes, your deposits – including accrued but not yet credited interest – are protected by the Swedish statutory deposit guarantee scheme up to a maximum of SEK 1,050,000 (the equivalent in euros) per account holder and bank (if you still have balances at the relevant bank outside of World Savings, all amounts are added together and together fall below the limit). Repayment will be made to your World Savings account in euros. The refundable amount will be transferred to the account holder within 7 business days of the deposit guarantee scheme coming into effect. The protection applies to all natural persons, regardless of whether they reside in Sweden or elsewhere. The administrator and enforcer of the deposit guarantee scheme is the Riksgälden (https://www.riksgalden.se/en/).
|
Interest
|
|
| Nominal interest rate | 2.45% pa |
|---|---|
| Effective interest rate | 2.42% pa |
| Compound interest | No |
| Duration | 2 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 50,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | In Latvia, a withholding tax of 25.5% will be levied on interest payments starting January 1, 2025. However, this tax can be reduced. To reduce the withholding tax to 10%, a certificate of residency must be submitted to the bank no later than eight weeks before the due date. This certificate can then be fully credited against capital gains tax in Germany. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Signet Bank was founded in 1992 under the name Latvian Business Bank and is one of Latvia's first banks. Since 2013, Signet Bank's strategy has been focused on business people and their companies. The bank focuses particularly on managing client capital and structuring investment projects. Signet Bank provides customized services for clients' families and businesses.
Latvia, located in the center of the Baltic states, has been an independent parliamentary democracy since 1991, a member of the European Union (EU) since 2004, and part of the Eurozone since 2014. The Latvian economy is characterized by a high degree of business friendliness, which is also reflected in a large number of successful start-ups, particularly in the capital, Riga. Latvian economic growth is stable, and at 37.9% of GDP (as of 2016), public debt is very low by European standards. Culturally, Latvia is characterized by strong Northern European influences, Hanseatic architecture, and its famous musical folklore.
Deposits, including accrued interest, are legally protected by the Latvian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
|
Interest
|
|
| Nominal interest rate | 1.42% pa |
|---|---|
| Effective interest rate | 1.42% pa |
| Compound interest | No |
| Duration | 1.5 years |
| Availability | Can be terminated early at any time |
| Interest on early termination | 0.00% pa |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Cost | No |
|---|
Product information sheet
Founded in 1872, Podravska banka dd is one of the oldest banks in Croatia. It is a modern financial institution based in Koprivnica, which stands for innovative banking and personalized customer service.
The Republic of Croatia is a country in Central Europe, a member of the European Union since July 1, 2013, and a member of the Eurozone since 2023. The Croatian economy has been on the upswing since the beginning of 2015 and was further strengthened by the structural reforms adopted in January 2016. Accordingly, EU forecasts for Croatia's economic outlook are positive, not least due to significant increases in trade with Germany.
Deposits, including interest income, are legally protected by the Croatian Deposit Guarantee Fund up to an amount of EUR 100,000 (as of January 1, 2023) per customer and per bank. Further information on deposit guarantees can be found at https://www.haod.hr/en/. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. Please note that this guarantee applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if this customer has additional deposits at the respective bank.
|
Interest
|
|
| Nominal interest rate | 1.50% pa |
|---|---|
| Effective interest rate | 1.48% pa |
| Compound interest | No |
| Duration | 2.5 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 SEK per customer and per bank - payout in CZK |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 10,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | A withholding tax of 15% is generally levied, but this can be reduced to 0%. To qualify for a withholding tax reduction, a certificate of residency must be submitted no later than four weeks before the first interest payment (interest capitalization), and for multi-year fixed-term deposit products, also before the maturity date. |
| Documents to be submitted | To open an account, you must submit an account opening application, a tax form or a scanned supporting document via online banking (see product information sheet). |
Product information sheet
J&T Banka was founded in Prague in 1998 and is part of the Czech-Slovak J&T Finance Group, which holds investments in various industries, including the energy sector, healthcare, real estate, and media. The Czech football club Sparta Prague is also part of its portfolio. Over the past few years, the bank has established itself as one of the largest private banks on the Czech market. Additional bank branches are operated in Slovakia, Russia, and Croatia, among others. The bank is a reliable partner, especially for clients with high demands on service and product quality. In addition to complex private banking services, J&T Banka offers specialized financing for real estate and corporate acquisitions, as well as securities transactions for private investors.
The Czech Republic is located in the center of Europe and has been a member of the European Union for over a decade (May 2004), ensuring barrier-free access to the EU market. In terms of economic strength, both countries are highly developed industrial nations and are among the key economies of Central and Eastern Europe. The Czech Republic's national debt-to-GDP ratio is among the lowest in the entire EU and is lower than Germany's. The Czech Republic has received an investment-grade rating with a stable outlook from all major rating agencies. The Czech banking system is considered healthy and stable.
The Czech Republic's statutory deposit guarantee scheme guarantees a maximum protection amount equivalent to EUR 100,000 per bank and customer. In the event of a payout by the Deposit Guarantee Fund, this is made in Czech crowns (CZK) at the exchange rate on the day the deposit guarantee event is determined. Therefore, a currency/exchange rate risk exists. Further information on deposit guarantee schemes can be found at https://www.garancnisystem.cz/de. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if this customer has additional deposits at the respective bank.
No withholding tax
No withholding tax
Recommended by Stiftung AllianzTest: This offer is
part of the current best list of the specialist
magazine Finanztest of Stiftung AllianzTest.
Financial test best list
|
Interest
|
|
| Nominal interest rate | 2.62% pa |
|---|---|
| Effective interest rate | 2.62% pa |
| Compound interest | No |
| Duration | 3 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 5,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | There is no withholding tax in Luxembourg. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
RiverBank is a Luxembourg-based credit institution. Founded in 2017, it specializes in financing solutions for small and medium-sized enterprises (SMEs) in the Benelux countries, France, and Germany. To this end, RiverBank collaborates with a network of diverse advisors and partners—including law firms, tax advisors, and financial institutions. Within its lending business, RiverBank combines banking with the best of financial technology. This allows the bank to offer its customers digitalized and simple processes that have, among other things, significantly simplified and shortened the processing of loan applications.
Located between Germany, France, and Belgium, Luxembourg, with an area of 2,586 km² and a population of approximately 602,000, is one of the smallest member states of the European Union. However, due to its strategic geographical location, the continuous expansion of its foreign relations, and its integration into a larger economic environment, Luxembourg's economy and domestic market extend beyond the narrow confines of the Grand Duchy. Luxembourgers enjoy the second-highest per capita gross domestic product in the world after Qatar. Luxembourg's most important economic sector is finance, with many banks and insurance companies located here. Among the eurozone member states, only Germany, Luxembourg, and the Netherlands enjoy a AAA rating, which was reaffirmed in March 2019. All of Luxembourg's major banks have passed the ECB (European Central Bank) stress tests with excellent results over the past four years. Luxembourg's financial world is increasingly making its mark in the green finance sector, for example with the Luxembourg Green Exchange (LGX), which, as an ecologically oriented stock index, now lists more than 50% of the world's green bonds.
Deposits, including accrued interest, are legally protected by the Luxembourg Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
No withholding tax
No withholding tax
Recommended by Stiftung AllianzTest: This offer is
part of the current best list of the specialist
magazine Finanztest of Stiftung AllianzTest.
Financial test best list
|
Interest
|
|
| Nominal interest rate | 2.55% pa |
|---|---|
| Effective interest rate | 2.55% pa |
| Compound interest | Yes |
| Duration | 4 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to 1,050,000 SEK per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €500.00 - €85,000.00 |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | There is no withholding tax in Sweden. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Rediem Capital AB is a Swedish credit market company operating in several European countries, including Sweden, Germany, Norway, and Finland. Founded in 2015, the bank is a wholly-owned subsidiary of TF Bank, which specializes in managing non-performing loans.
Sweden is a parliamentary democracy with a monarchical head of state and is located in Northern Europe. The country has been a member of the European Union since 1995, but has its own currency, the Swedish krona (SEK). Sweden has a high per capita income and a healthy economy, which is why it has been awarded an AAA credit rating by leading rating agencies.
| Additional bank information | |
| Year of foundation | 2015 |
|---|---|
| Place of foundation | Stockholm |
| Sales focus | Deposit business, corporate loans |
| Countries in which the bank has branches | Sweden, Germany, Finland, Norway |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Average return on equity over the last three years | 3.60% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100% |
| Country of deposit insurance | Sweden |
| Amount of statutory deposit protection | 1,050,000.00 SEK |
| Country rating | Moody's: Aaa, S&P: AAA, Fitch: AAA, DBRS: AAA |
In accordance with EU Directive 2014/49/EU on deposit guarantee schemes, your deposits – including accrued but not yet credited interest – are protected by the Swedish statutory deposit guarantee scheme up to a maximum of SEK 1,050,000 (the equivalent in euros) per account holder and bank (if you still have balances at the relevant bank outside of World Savings, all amounts are added together and together fall below the limit). Repayment will be made to your World Savings account in euros. The refundable amount will be transferred to the account holder within 7 business days of the deposit guarantee scheme coming into effect. The protection applies to all natural persons, regardless of whether they reside in Sweden or elsewhere. The administrator and enforcer of the deposit guarantee scheme is the Riksgälden (https://www.riksgalden.se/en/).
|
Interest
|
|
| Nominal interest rate | 2.56% pa |
|---|---|
| Effective interest rate | 2.47% pa |
| Compound interest | No |
| Duration | 4 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €20,000.00 - €95,000.00 |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | In Lithuania, a withholding tax of 15% is levied, which can be reduced to 10% if this option is stated in the product information sheet. To qualify for a withholding tax reduction, please submit a certificate of residence and another tax form no later than four weeks before the interest payment date (due date). |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Saldo Bank UAB is a specialized bank founded in 2006. A subsidiary of the Finnish fintech company Saldo Finance, it is authorized by the European Central Bank and regulated by the Bank of Lithuania (Central Bank of the Republic of Lithuania). In its daily business, Saldo Bank offers, among other things, credit solutions for consumers and small and medium-sized enterprises (SMEs). The bank uses a fully automated approval system to adapt its credit services to the specific characteristics of each market.
Lithuania, the southernmost and largest state in the Baltic region, has been an independent semi-presidential democracy since 1990. Like the rest of the Baltic region, Lithuania has been strongly oriented politically and economically towards Europe since its independence and has been a member of the European Union (EU) since 2004 and part of the Eurozone since 2015. Lithuania's economic growth is stable, and its national debt, at 40.2% of GDP (as of 2016), is very low by European standards. Due to its geographical location and long history, Lithuania is culturally diverse and influenced by a wide variety of cultures.
| Additional bank information | |
| Year of foundation | 2006 |
|---|---|
| Place of foundation | Vilnius |
| Sales focus | Corporate loans, consumer loans, deposit business |
| Countries in which the bank has branches | Lithuania, Finland, Sweden |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100% |
| Country of deposit insurance | Lithuania |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: A2, S&P: A, Fitch: A, DBRS: A high |
Deposits, including accrued interest, are legally protected by the Lithuanian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
No withholding tax is payable
No withholding tax
No withholding tax is payable
Financial test best list
|
Interest
|
|
| Nominal interest rate | 2.20% pa |
|---|---|
| Effective interest rate | 2.20% pa |
| Compound interest | Yes |
| Duration | 5 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €2,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | In France, no withholding tax is levied on interest income for persons permanently residing abroad. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Younited Credit SA is an online banking platform for loans, founded in 2009 by young bankers in Paris. Today, Younited Credit SA is the leading platform for online lending institutions in France. It also operates in Spain and Italy. The platform's goal is to provide borrowers with a faster, easier, and cheaper way to obtain a loan than through the traditional banking system. Similar to the principle of a credit marketplace, the platform brings borrowers and lenders together. Younited Credit SA's offerings include loans, car financing, personal loans, and debt consolidation.
The French Republic is a democratic centralized state in Western Europe with overseas islands and territories on various continents. France is the sixth-largest economy in the world and, alongside Germany, the most important industrialized country in Europe. The country has been part of the Eurozone since 1999, and France's creditworthiness is currently rated "AA" by leading rating agencies, which corresponds to an investment-grade rating with a stable outlook.
| Additional bank information | |
| Year of foundation | 2009 |
|---|---|
| Place of foundation | Paris |
| Sales focus | Consumer loans, insurance |
| Countries in which the bank has branches | France, Germany, Italy, Portugal, Spain |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | No |
| Country of deposit insurance | France |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Aa3, S&P: AA-, Fitch: AA-, DBRS: AA high |
Deposits, including accrued interest, are legally protected by the French Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
|
Interest
|
|
| Nominal interest rate | 1.45% pa |
|---|---|
| Effective interest rate | 1.41% pa |
| Compound interest | No |
| Duration | 5 years |
| Availability | Can be terminated early at any time |
| Interest on early termination | 0.00% pa |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | Croatia normally imposes a withholding tax of 12%. However, this can be reduced to 0% by submitting a certificate of residence, provided it is provided no later than four weeks before each interest payment. |
| Documents to be submitted | To open an account, an original application must be submitted by post. |
Product information sheet
Founded in 1872, Podravska banka dd is one of the oldest banks in Croatia. It is a modern financial institution based in Koprivnica, which stands for innovative banking and personalized customer service.
The Republic of Croatia is a country in Central Europe, a member of the European Union since July 1, 2013, and a member of the Eurozone since 2023. The Croatian economy has been on the upswing since the beginning of 2015 and was further strengthened by the structural reforms adopted in January 2016. Accordingly, EU forecasts for Croatia's economic outlook are positive, not least due to significant increases in trade with Germany.
Deposits, including interest income, are legally protected by the Croatian Deposit Guarantee Fund up to an amount of EUR 100,000 (as of January 1, 2023) per customer and per bank. Further information on deposit guarantees can be found at https://www.haod.hr/en/. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. Please note that this guarantee applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if this customer has additional deposits at the respective bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.71% pa |
|---|---|
| Effective interest rate | 2.54% pa |
| Compound interest | No |
| Duration | 6 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | There is no withholding tax in Luxembourg. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
BTG Pactual Europe SA is part of the BTG Pactual Group, Latin America's largest investment bank, offering specialized services in wealth management, asset management, investment banking, corporate lending, and sales and trading. Since its founding in 1983, the BTG Pactual Group has embraced a performance-oriented, collaborative culture centered on client focus, excellence, and a long-term vision. BTG Pactual currently employs over 7,000 people in offices in Brazil, the United States, Luxembourg, the United Kingdom, Portugal, Spain, Mexico, Colombia, Chile, Peru, and Argentina. The group boasts a solid balance sheet, state-of-the-art technology, and is poised to offer a global advisory service to protect and grow its clients' wealth. BTG Pactual Europe is a Luxembourg-based credit institution supervised by the Commission de Surveillance du Secteur Financier (CSSF). The bank places particular emphasis on serving European clients with financial or business ties to South America.
Located between Germany, France, and Belgium, Luxembourg, with an area of 2,586 km² and a population of approximately 602,000, is one of the smallest member states of the European Union. However, due to its strategic geographical location, the continuous expansion of its foreign relations, and its integration into a larger economic environment, Luxembourg's economy and domestic market extend beyond the narrow confines of the Grand Duchy. Luxembourgers enjoy the second-highest per capita gross domestic product in the world after Qatar. Luxembourg's most important economic sector is finance, with many banks and insurance companies located here. Among the eurozone member states, only Germany, Luxembourg, and the Netherlands enjoy a AAA rating, which was reaffirmed in March 2019. All of Luxembourg's major banks have passed the ECB (European Central Bank) stress tests with excellent results over the past four years. Luxembourg's financial world is increasingly making its mark in the green finance sector, for example with the Luxembourg Green Exchange (LGX), which, as an ecologically oriented stock index, now lists more than 50% of the world's green bonds.
Deposits, including accrued interest, are legally protected by the Luxembourg Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were invested at the respective bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.02% pa |
|---|---|
| Effective interest rate | 2.02% pa |
| Compound interest | No |
| Duration | 6 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €10,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | For private customers, the following applies: withholding tax and, if applicable, church tax. An exemption order can be applied for; we will provide you with the "exemption order" form in your online banking after you open your account. All income must be declared in your tax return. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Südtiroler Sparkasse – Cassa di Risparmio di Bolzano is the largest credit institution in South Tyrol, Italy. Founded in 1854, it is considered independent. Headquartered in Bolzano, the bank currently operates more than 100 branches, primarily in South Tyrol, the neighboring province of Trentino, and the northeastern province of Veneto. The bank also maintains an EU branch in Munich. The branch network is complemented by advisory centers in the most important economic centers of northern Italy, such as Milan, Verona, Padua, and Venice-Mestre. In its daily business, Südtiroler Sparkasse focuses on financing solutions for private customers, small and medium-sized enterprises (SMEs), and public administration. In addition to traditional banking, the bank offers corporate finance services and—in collaboration with specialized partners—wealth management and insurance products.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 1854 |
|---|---|
| Place of foundation | Munich |
| Sales focus | Private banking, corporate banking, deposit-taking, securities trading, consumer loans, corporate loans, real estate financing for private individuals, insurance, leasing, factoring |
| Countries in which the bank has branches | Italy, Germany |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Average return on equity over the last three years | 9.22% |
| Listed on the stock exchange | No |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.90% pa |
|---|---|
| Effective interest rate | 2.90% pa |
| Compound interest | No |
| Duration | 7 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | In Germany, interest income is subject to withholding tax, the solidarity surcharge, and, if applicable, church tax. Allianz Bank is obligated to withhold tax. The tax treatment depends on the investor's personal circumstances. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Founded in 1952 and headquartered in Frankfurt am Main, AKA Ausfuhrkredit-Gesellschaft mbH specializes in international export and trade finance. Its core product is the provision of government-backed loans to finance European export transactions. AKA's operations are strengthened by its close cooperation with its partner banks, which comprise leading German universal banks and specialized institutions, as well as European banks.
The Federal Republic of Germany is by far the strongest trading nation among the member states of the European Union. Germany is one of the few countries worldwide to boast the highest possible AAA rating (highest credit rating) from all three major rating agencies.
Deposits, including accrued interest, are legally protected up to an amount of EUR 100,000 per customer and per bank by the German Banking Compensation Scheme (Bedarfseinrichtung deutscher Banken GmbH). Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only deposits from a customer brokered through this platform were invested at a specific bank, but also if additional deposits from this customer were also invested at the respective bank.
|
Interest
|
|
| Nominal interest rate | 2.50% pa |
|---|---|
| Effective interest rate | 2.50% pa |
| Compound interest | Yes |
| Duration | 7 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is not possible. |
| Withholding tax | In Belgium, a withholding tax of 30% is withheld if you either provide the bank with the tax form ("Withholding Tax Exemption for Non-Resident Savers") or agree to the explanations on the tax form during the account opening process in online banking. With either approach, the withholding tax can be reduced to 0%. The process varies from bank to bank. If a form is required, we will provide it pre-filled with your data in online banking during the account opening process. You then return it to us, signed and scanned, or by mail. For more detailed information, please refer to the product information sheet. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
BankB (formerly CKV Spaarbank) is an independent Belgian savings bank founded in 1956. Its headquarters are in Waregem (West Flanders). The bank offers a wide range of traditional savings products as well as customized credit solutions for private and business customers. As a non-listed financial institution, BankB is supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA).
The Kingdom of Belgium, with approximately 11 million inhabitants, is a Western European country with Brussels as its capital. Since 1957, the country has been a founding member of what was then the European Economic Community, now the European Union. Thanks to its location in the heart of Europe, not only are several European institutions, such as the Commission and the European Parliament, headquartered in Brussels, but Belgium is also one of the world's largest exporters of goods.
| Additional bank information | |
| Year of foundation | 1956 |
|---|---|
| Place of foundation | Waregem |
| Number of employees | 65 |
| Sales focus | Deposit business, consumer loans, deposit business, real estate financing for private individuals, commercial real estate financing |
| Countries in which the bank has branches | Belgium |
| Total capital ratio | 17.60% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 10.32% |
| Average return on equity over the last three years | 17.36% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 99.99% |
| Country of deposit insurance | Belgium |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Aa3, S&P: AA, Fitch: AA-, DBRS: AA high |
Deposits, including accrued interest, are legally protected by the Belgian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 3.40% pa |
|---|---|
| Effective interest rate | 2.97% pa |
| Compound interest | No |
| Duration | 10 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €20,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Banca Sistema, originally from Italy, was founded in Milan in 2011 and now also has offices in Rome and London. Its initial public offering (IPO) in the Star Segment of the Borsa Italiana took place in June 2015. Banca Sistema's offerings include the purchase of commercial receivables from Italian public administrations and tax receivables.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 2011 |
|---|---|
| Place of foundation | Milan |
| Number of employees | 208 |
| Sales focus | Private banking, corporate banking, deposit business, securities trading, factoring |
| Countries in which the bank has branches | Italy, Spain |
| Total capital ratio | 18.30% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | Yes |
| Parent company shares in the bank | 50.20% |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.90% pa |
|---|---|
| Effective interest rate | 2.90% pa |
| Compound interest | No |
| Duration | 7 years |
| Availability | At the end of the term |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | 1,000.00 € - 100,000.00 € |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | In Germany, interest income is subject to withholding tax, the solidarity surcharge, and, if applicable, church tax. Allianz Bank is obligated to withhold tax. The tax treatment depends on the investor's personal circumstances. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Aareal Bank AG, headquartered in Wiesbaden, is a leading international real estate specialist. The bank's origins date back to 1923. It offers financing, software products, and digital solutions for the real estate sector and related industries. Aareal Bank operates on three continents – Europe, North America, and Asia/Pacific – and supports real estate financing in more than 20 countries.
The Federal Republic of Germany is by far the strongest trading nation among the member states of the European Union. Germany is one of the few countries worldwide to boast the highest possible AAA rating (highest credit rating) from all three major rating agencies.
| Additional bank information | |
| Year of foundation | 1923 |
|---|---|
| Place of foundation | Berlin |
| Number of employees | 1045 |
| Number of branches / offices | 14 |
| Sales focus | Corporate banking, deposit-taking, payment solutions, commercial real estate financing |
| Countries in which the bank has branches | Germany, France, Ireland, Italy, Poland, Sweden, Singapore, Spain, Turkey, United Kingdom, United States of America |
| Total capital ratio | 23.50% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 1.40% |
| Average return on equity over the last three years | 2.83% |
| Listed on the stock exchange | Yes |
| Market capitalization (if listed) | 1990M EUR |
| Bank rating | Moody's: Baa1, Fitch: BBB |
| Parent company shares in the bank | 100.00% |
| Country of deposit protection | Germany |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Aaa, S&P: AAA, Fitch: AAA, DBRS: AAA |
Deposits, including accrued interest, are legally protected up to an amount of EUR 100,000 per customer and per bank by the German Banking Compensation Scheme (Bedarfseinrichtung deutscher Banken GmbH). Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only deposits from a customer brokered through this platform were invested at a specific bank, but also if additional deposits from this customer were also invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 2.90% pa |
|---|---|
| Effective interest rate | 2.78% pa |
| Compound interest | No |
| Duration | 5 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €10,000.00 - €90,000.00 |
| Cost | No |
| Extension | An extension will be initiated automatically unless you deactivate it in online banking. |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
The Italian Banca Progetto was founded in 1994 and has been part of Oaktree Capital Management LP, one of the world's largest investment firms, since December 2015. Headquartered in Milan, the bank maintains a branch in Rome and a network of offices throughout Italy. As a provider of financing solutions, Banca Progetto specializes in the public sector and small and medium-sized enterprises. Since March 21, 2025, the Italian financial regulator, the Bank of Italy, has temporarily assumed extraordinary management of the bank. The bank continues to operate normally. Additional information can be found in the press release.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 1994 |
|---|---|
| Place of foundation | Milan |
| Number of employees | 243 |
| Number of branches / offices | 63 |
| Sales focus | Retail banking, deposit-taking, consumer loans, corporate loans, factoring |
| Countries in which the bank has branches | Italy |
| Total capital ratio | 17.23% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 28.80% |
| Average return on equity over the last three years | 29.07% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 99.82% |
| Country of deposit protection | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
|
Interest
|
|
| Nominal interest rate | 2.80% pa |
|---|---|
| Effective interest rate | 2.76% pa |
| Compound interest | No |
| Duration | 2 years |
| Availability | At the end of the term |
| Interest credit | At the end of the term |
| Interest payment | At the end of the term |
| Interest rate changes | Fixed interest rate during the term. |
|
Investment
|
|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
|---|---|
| Currency | EUR |
| Minimum/maximum deposit | €5,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is possible and can be requested via online banking. |
| Withholding tax | A withholding tax of 19% is generally levied, but this can be reduced to 0%. To qualify for a withholding tax reduction, a certificate of residence must be submitted no later than 28 days before the first interest payment. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Privatbanka was founded in Slovakia in 2005. It was the first Slovak bank to focus on private banking for wealthy clients. Today, the bank offers specialized services to both private and business clients. In addition to traditional banking products, its offerings include the creation of individual investment strategies and customized investment solutions.
The Slovak Republic is a country in Central Europe and has been a member of the European Union and NATO since 2004. The euro has been the national currency since 2007. At 53% of gross domestic product in 2015, national debt was lower than in Germany. EU forecasts for the economic outlook in the Slovak Republic are positive; the country has been awarded an investment-grade rating by leading rating agencies, indicating a stable outlook.
| Additional bank information | |
| Year of foundation | 2005 |
|---|---|
| Place of foundation | Bratislava |
| Number of employees | 183 |
| Number of branches / offices | 12 |
| Sales focus | Asset management, deposit business, payment solutions |
| Countries in which the bank has branches | Slovakia, Czech Republic |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 19.10% |
| Average return on equity over the last three years | 14.06% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100% |
| Country of deposit protection | Slovakia |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: A3, S&P: A+, Fitch: A-, DBRS: A |
Deposits – including accrued interest – are guaranteed up to an amount of EUR 100,000 per customer and bank by the Slovak Deposit Guarantee Fund. Within the European Union, the minimum requirements for the deposit guarantee scheme of the individual member states have been harmonized by EU Directives 1994/19/EC, 2009/14/EC, and 2014/49/EU. Please note that deposit coverage refers to the total deposits a customer has with a bank. This is important if a customer has not only deposited money with a bank through Allianz but also holds other deposits with the bank.
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
|
Interest
|
|
| Nominal interest rate | 2.00% pa |
|---|---|
| Effective interest rate | 2.00% pa |
| Compound interest | Yes |
| Availability | Fully available daily. Investment amount and interest are paid out within 34 days. |
| Interest credit | Yearly |
| Interest payment | Yearly |
| Interest rate changes | The interest rate is subject to change at any time. We will notify you accordingly in advance. |
|
Investment
|
|
| Special Features | Deposits and withdrawals of partial amounts are not possible. Only the entire investment amount can be canceled. |
|---|---|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
| Currency | EUR |
| Minimum/maximum deposit | €10,000.00 - €100,000.00 |
| Cost | No |
| Extension | An extension is not possible. |
| Withholding tax | For private customers, the following applies: withholding tax and, if applicable, church tax. An exemption order can be applied for; we will provide you with the "exemption order" form in your online banking after you open your account. All income must be declared in your tax return. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Südtiroler Sparkasse – Cassa di Risparmio di Bolzano is the largest credit institution in South Tyrol, Italy. Founded in 1854, it is considered independent. Headquartered in Bolzano, the bank currently operates more than 100 branches, primarily in South Tyrol, the neighboring province of Trentino, and the northeastern province of Veneto. The bank also maintains an EU branch in Munich. The branch network is complemented by advisory centers in the most important economic centers of northern Italy, such as Milan, Verona, Padua, and Venice-Mestre. In its daily business, Südtiroler Sparkasse focuses on financing solutions for private customers, small and medium-sized enterprises (SMEs), and public administration. In addition to traditional banking, the bank offers corporate finance services and—in collaboration with specialized partners—wealth management and insurance products.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 1854 |
|---|---|
| Place of foundation | Munich |
| Sales focus | Private banking, corporate banking, deposit-taking, securities trading, consumer loans, corporate loans, real estate financing for private individuals, insurance, leasing, factoring |
| Countries in which the bank has branches | Italy, Germany |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Average return on equity over the last three years | 9.22% |
| Listed on the stock exchange | No |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
|
Interest
|
|
| Nominal interest rate | 2.00% pa |
|---|---|
| Effective interest rate | 2.00% pa |
| Compound interest | No |
| Availability | Fully available daily. Investment amount and interest are paid out within 31 days. |
| Interest rate changes | The interest rate is subject to change at any time. We will notify you accordingly in advance. |
|
Investment
|
|
| Special Features | Deposits and withdrawals of partial amounts are not possible. Only the entire investment amount can be canceled. |
|---|---|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
| Currency | EUR |
| Minimum/maximum deposit | 1.00 € - 100,000.00 € |
| Cost | No |
| Withholding tax | In Latvia, a withholding tax of 25.5% will be levied on interest payments starting January 1, 2025. However, this tax can be reduced. To reduce the withholding tax to 10%, a certificate of residency must be submitted to the bank no later than eight weeks before the due date. This certificate can then be fully credited against capital gains tax in Germany. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
BluOr Bank AS is a Latvian bank headquartered in Riga. The bank was founded in 2001 by BBG AS Holding, owned by four Latvian entrepreneurs. Originally established as a bank solely for companies engaged in international trade or as a holding company, BluOr Bank has now also established itself as a credit institution offering services to private clients.
Latvia, located in the center of the Baltic states, has been an independent parliamentary democracy since 1991, a member of the European Union (EU) since 2004, and part of the Eurozone since 2014. The Latvian economy is characterized by a high degree of business friendliness, which is also reflected in a large number of successful start-ups, particularly in the capital, Riga. Latvian economic growth is stable, and at 37.9% of GDP (as of 2016), public debt is very low by European standards. Culturally, Latvia is characterized by strong Northern European influences, Hanseatic architecture, and its famous musical folklore.
| Additional bank information | |
| Year of foundation | 2001 |
|---|---|
| Place of foundation | Riga |
| Sales focus | Investment banking, retail banking, corporate banking, corporate lending, deposit-taking, foreign exchange, safe deposit box rental, asset management |
| Countries in which the bank has branches | Latvia, Estonia, Lithuania |
| Total capital ratio | 14.87% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 20.85% |
| Average return on equity over the last three years | 9.47% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 100.00% |
| Country of deposit insurance | Latvia |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: A3, S&P: A, Fitch: A-, DBRS: A |
Deposits, including accrued interest, are legally protected by the Latvian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 1.50% pa |
|---|---|
| Effective interest rate | 1.50% pa |
| Compound interest | Yes |
| Availability | Fully available daily. Investment amount and interest are paid out within 31 days. |
| Interest credit | Yearly |
| Interest rate changes | The interest rate is subject to change at any time. We will notify you accordingly in advance. |
|
Investment
|
|
| Special Features | Deposits and withdrawals of partial amounts are not possible. Only the entire investment amount can be canceled. |
|---|---|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
| Currency | EUR |
| Minimum/maximum deposit | €20,000.00 - €100,000.00 |
| Cost | No |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
Founded in 1886, Banca di Cividale (CiviBank) is an independent cooperative bank. In addition to its headquarters in Cividale del Friuli, a municipality in the Italian province of Udine, the bank maintains more than 60 branches in northeastern Italy, where it enjoys the status of a local benchmark bank. Banca di Cividale's offerings are aimed at individuals, families, and businesses, offering traditional banking products, financing solutions, and insurance. Furthermore, the bank focuses on sustainable development and the promotion of environmental projects. Furthermore, Banca di Cividale supports local clubs through its specially launched crowdfunding portal, which aims to further promote social, cultural, and sporting developments in the region.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 1886 |
|---|---|
| Place of foundation | Cividale del Friuli |
| Number of employees | 532 |
| Sales focus | Retail Banking, Corporate Banking, Deposit-Taking, Factoring, Agriculture, Leasing, Corporate Lending, Consumer Lending, Insurance, Payment Solutions, Real Estate Financing for Private Individuals, Commercial Real Estate Financing |
| Countries in which the bank has branches | Italy |
| Total capital ratio | 16.20% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Latest return on equity | 3.70% |
| Average return on equity over the last three years | -0.60% |
| Listed on the stock exchange | No |
| Parent company shares in the bank | 79.10% |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 0.05% pa |
|---|---|
| Effective interest rate | 0.05% pa |
| Compound interest | Yes |
| Availability | Fully available daily. Investment amount and interest are paid out within 366 days. |
| Interest credit | Yearly |
| Interest rate changes | The interest rate is subject to change at any time. We will notify you accordingly in advance. |
|
Investment
|
|
| Special Features | Deposits and withdrawals of partial amounts are not possible. Only the entire investment amount can be canceled. |
|---|---|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
| Currency | EUR |
| Minimum/maximum deposit | €10,000.00 - €100,000.00 |
| Cost | No |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
illimity SpA was founded in 2018 by Italian manager and politician Corrado Passera. This high-tech banking group was established with the goal of responding to specific market needs through an innovative and specialized business model. The bank pursues a clear mission: to recognize and promote the potential of individuals, families, and companies through a combination of technological and human skills. Specifically, illimity SpA grants loans to high-potential small and medium-sized enterprises (SMEs) and acquires distressed corporate loans, which it manages through its proprietary platform (neprix). Through illimity SGR, the group also develops and manages alternative investment funds and manages UTP loans. illimity SpA has been listed on the Italian stock exchange since March 2019.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 2019 |
|---|---|
| Place of foundation | Milan |
| Number of employees | 542 |
| Number of branches / offices | 1 |
| Sales focus | Factoring, corporate banking, investment and brokerage services, corporate loans, asset management |
| Countries in which the bank has branches | Italy |
| Total capital ratio | 19.38% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | Yes |
| Market capitalization (if listed) | 277M EUR |
| Bank Rating | Moody's: Baa3, Fitch: BB- |
| Parent company shares in the bank | 10.00% |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
No withholding tax is payable
No withholding tax
|
Interest
|
|
| Nominal interest rate | 0.05% pa |
|---|---|
| Effective interest rate | 0.05% pa |
| Compound interest | Yes |
| Availability | Fully available daily. Investment amount and interest are paid out within 31 days. |
| Interest credit | Yearly |
| Interest rate changes | The interest rate is subject to change at any time. We will notify you accordingly in advance. |
|
Investment
|
|
| Special Features | Deposits and withdrawals of partial amounts are not possible. Only the entire investment amount can be canceled. |
|---|---|
| Deposit protection | Up to €100,000 per customer and per bank - payout in EUR |
| Currency | EUR |
| Minimum/maximum deposit | €10,000.00 - €100,000.00 |
| Cost | No |
| Withholding tax | There is no withholding tax in Italy. |
| Documents to be submitted | To open an account, all you need to do is place an electronic order in online banking. |
Product information sheet
illimity SpA was founded in 2018 by Italian manager and politician Corrado Passera. This high-tech banking group was established with the goal of responding to specific market needs through an innovative and specialized business model. The bank pursues a clear mission: to recognize and promote the potential of individuals, families, and companies through a combination of technological and human skills. Specifically, illimity SpA grants loans to high-potential small and medium-sized enterprises (SMEs) and acquires distressed corporate loans, which it manages through its proprietary platform (neprix). Through illimity SGR, the group also develops and manages alternative investment funds and manages UTP loans. illimity SpA has been listed on the Italian stock exchange since March 2019.
Italy is a republic in Southern Europe, one of the world's largest economies, and ranked among the most highly developed countries according to the Human Development Index. Italy is a founding member of the EU, and the euro has been legal tender since 2002. Germany is Italy's most important trading partner in terms of both exports and imports.
| Additional bank information | |
| Year of foundation | 2019 |
|---|---|
| Place of foundation | Milan |
| Number of employees | 542 |
| Number of branches / offices | 1 |
| Sales focus | Factoring, corporate banking, investment and brokerage services, corporate loans, asset management |
| Countries in which the bank has branches | Italy |
| Total capital ratio | 19.38% |
| Total capital ratio specified by the supervisory authority | 8.00% |
| Listed on the stock exchange | Yes |
| Market capitalization (if listed) | 277M EUR |
| Bank Rating | Moody's: Baa3, Fitch: BB- |
| Parent company shares in the bank | 10.00% |
| Country of deposit insurance | Italy |
| Amount of statutory deposit protection | 100,000.00 € |
| Country rating | Moody's: Baa3, S&P: BBB, Fitch: BBB, DBRS: BBB high |
Deposits, including accrued interest, are legally protected by the Italian Deposit Guarantee Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized across all member states by Directives 94/19/EC, 2009/14/EC, and 2014/49/EU. It should be noted that this protection applies to a customer's entire deposits at a bank. This is relevant if not only the deposits brokered through Allianz were invested at a specific bank, but also if other deposits from this customer were also invested at the respective bank.
German savers have received very low interest on their savings in recent years – many banks even charged negative interest rates. One major reason was the monetary policy of the European Central Bank (ECB), which kept interest rates low to support the economy – even amid the highest inflation in nearly 30 years. This situation was unsatisfactory for savers, as it affected all common saving forms – classic savings, fixed-term, and overnight deposits.
Gradual interest rate hikes by the ECB since July 2022 brought a turnaround, with interest rates on savings rising again. Despite the first rate cut in June 2024, rates remain high. This means savers can still benefit from attractive interest rates on their deposits.
Interest rates abroad are often higher than those available in Germany. This is due to specific economic conditions in each country. While ECB policy plays a role, many other factors influence the supply and demand for savings.
These include the country's economic situation, savings behavior, banking cost structures, and financial industry competition. As a result, some foreign banks offer higher interest rates on savings than German banks – even within the EU or Eurozone. In the best case, this can help savers counter inflation.
Fixed-term deposits allow savers to invest money for a specified period at a guaranteed interest rate. They're ideal for saving unneeded funds that won’t be used until later. The interest rate remains unchanged throughout the term. However, this predictability also means savers usually can't access their funds during the fixed period. Nevertheless, fixed-term deposits often yield higher interest than overnight deposits.
To the fixed deposit offersOvernight accounts are not tied to a fixed term. You can cancel at any time and access your money – even abroad. Overnight savings are best for short-term investment. Like fixed-term deposits, foreign overnight accounts often offer higher interest rates than German ones.
Transactions require an additional checking account, as overnight accounts aren't suited for regular payments. Interest is typically paid monthly, quarterly, or annually. Most banks offer free account setup and management, and online banking is widely available.
For short- to mid-term investors, a savings plan tied to an overnight account may be worthwhile. With Allianz, savers regularly benefit from attractive rates offered by partner banks. You stay flexible, can access your balance at any time, and adjust your saving rate as needed.
Compare offers now or choose one of the overnight accounts ranked best by Finanztest for your savings plan.
Foreign bank investments can be held in the local currency, in euros, or in other widely used currencies like the US dollar (USD) or Norwegian krone (NOK). This depends on the specific fixed deposit offers. Euro-denominated investments eliminate currency risk.
Investing in foreign currencies involves currency risk and opportunity. If the currency strengthens against the euro, savers not only receive their interest and principal back but also gain from the exchange rate. If the currency weakens, a loss occurs. Therefore, both the interest rate and currency outlook should be considered when investing in non-euro fixed-term deposits.
Both fixed-term and overnight deposits abroad are protected against bank insolvency. For banks within the EU, harmonized deposit guarantee schemes apply. Some non-EU countries like Norway and Switzerland also offer equal or higher protection standards.
Under EU regulations, deposits up to €100,000 per person and bank are legally protected by national deposit guarantee funds. If insolvency is imminent, the responsible financial regulator must confirm it within five business days. Once confirmed, compensation must be paid to the customer within seven business days.
In Germany, investment income is subject to withholding tax if the tax exemption threshold is exceeded. For foreign interest, no German tax is withheld automatically – investors declare it in their annual tax return.
Some foreign interest income is subject to withholding tax in the source country. If the investor is subject to German income tax, the German tax office offsets this against domestic tax liability. As a result, the overall tax burden is similar to domestic investment – only the process differs slightly. Realized currency gains are also taxable, while currency losses may be deductible.
Note: The content on this page is for general information purposes only and does not constitute tax advice. For detailed information or to clarify individual tax questions, we recommend consulting a tax advisor or another person qualified under § 2 of the German Tax Consultancy Act (StBerG).
At Allianz, the security of your investment is our top priority when selecting partner banks. We only collaborate with banks that are protected by a national deposit guarantee scheme in accordance with EU regulations (including foreign currencies) and that hold a full banking license from their national regulatory authority. Additionally, all foreign partner banks are registered with the German Federal Financial Supervisory Authority (BaFin) as cross-border financial institutions. Our German partner banks are supervised by both BaFin and the European Central Bank (ECB).
Currently, savers can invest with over 140 partner banks across Europe. Sweden remains one of the most popular destinations for German savers. This is due to several factors: the country’s AAA sovereign credit rating from Standard & Poor’s, its low national debt, robust deposit insurance reserves, and the solid financial position of Swedish banks—all of which make saving in Sweden especially attractive.
Investing in SwedenTo invest your money abroad at attractive interest rates, you typically need to open a foreign savings or fixed-term deposit account. This process usually requires a verification procedure, which can often mean appearing in person—especially within the EU and sometimes beyond.
With Allianz, savers gain easy access to top offers from across Europe. To find the best-fit offer for your needs, it's worth comparing different domestic and international options available on Allianz. Opening a savings, flex, or fixed-term deposit account is fast, simple, and fully digital through our platform. Registration and identity verification are completed quickly via PostIdent or VideoIdent.
Allianz’s user-friendly online banking also allows you to invest in retirement products or ETF portfolios. While these investment forms carry higher risks, they also offer the potential for strong long-term returns.
Open a Allianz account now
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