Lithuania (A)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,335 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
2.65%pa
1 year
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
Lithuania (A)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,325 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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
* As of: December 13, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.45%pa
3 months
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Malta (A-)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 306 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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
* As of: December 17, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.43%pa
3 months
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 304 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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
* As of: December 18, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.31%pa
6 months
Austria (AA+)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 578 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
1.90%pa
6 months
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
Germany (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 475 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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
* As of: April 1, 2025 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.39%pa
9 months
No withholding tax is payable
No withholding tax
Sweden (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 896 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
×
Security of your deposits
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/).
2.45%pa
2 years
Latvia (A)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 2,450 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
1.42%pa
1.5 years
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
Croatia (BBB+)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,065 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
1.50%pa
2.5 years
Czech Republic (AA-)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,875 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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).
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.
About the country
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.
×
Security of your deposits
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.
2.62%pa
3 years
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
Luxembourg (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 3,930 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
×
Security of your deposits
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.
2.55%pa
4 years
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
Sweden (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 5,298 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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
* As of: February 4, 2025 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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/).
2.56%pa
4 years
Lithuania (A)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 5,120 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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
* As of: February 6, 2025 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.20%pa
5 years
No withholding tax is payable
No withholding tax
No withholding tax is payable
Financial test best list
France (AA-)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 5,747 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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
* As of: March 27, 2025 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
1.45%pa
5 years
Stay flexible: Flexible deposits are fixed-term
deposits that you can withdraw early at any
time.
Flex money
Croatia (BBB+)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 3,625 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
2.71%pa
6 years
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Luxembourg (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 8,130 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
×
Security of your deposits
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.
2.02%pa
6 years
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 6,060 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
South Tyrolean savings bank Cassa di Risparmio di Bolzano
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.
About the country
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
* As of: December 10, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.90%pa
7 years
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Germany (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 10,150 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
×
Security of your deposits
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.
2.50%pa
7 years
Belgium (AA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 9,434 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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).
About the country
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
* As of: December 13, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
3.40%pa
10 years
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 17,000 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
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
* As of: December 10, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.90%pa
7 years
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Germany (AAA)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 10,150 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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
* As of: December 5, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.90%pa
5 years
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 7,250 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
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
* As of: December 10, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.80%pa
2 years
Slovakia (A+)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 2,800 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
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
* As of: January 29, 2025 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.00%pa
34 days
Withholding of capital gains tax, solidarity
surcharge and, if applicable, church tax
Simplified tax handling
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,014 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
South Tyrolean savings bank Cassa di Risparmio di Bolzano
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.
About the country
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
* As of: December 10, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
2.00%pa
31 days
Latvia (A)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 1,014 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
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.
About the country
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.
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
* As of: December 10, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
1.50%pa
31 days
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 760 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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
* As of: December 13, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
0.05%pa
366 days
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 25 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
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
* As of: December 18, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
×
Security of your deposits
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.
0.05%pa
31 days
No withholding tax is payable
No withholding tax
Italy (BBB)
?
The Standard & Poor's Country Rating is an
assessment of a country's creditworthiness. It is based
on an analysis of institutional effectiveness,
governance, economic structure, growth prospects,
external finance, and fiscal and monetary
flexibility.
in EUR
+ 25 €
?
Depending on the offer and the calculation method used
by the bank, the calculated interest income may differ
from the actual interest income.
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.
About the country
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.
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
* As of: December 18, 2024 - The data is provided by our
partner FMH-Finanzberatung eK for private use. Allianz SE
assumes no liability for the timeliness, accuracy, or
completeness of the information. FMH-Finanzberatung
specializes in information on interest rates and financial
products and has been collecting financial data in Germany
since 1986 and preparing it for consumers, banks, and
editorial teams.
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Security of your deposits
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.
Savings, Investing, and Interest – The Key Differences
Savings: Saving means not spending all
of your income on consumption. The remaining amount can
be set aside when you spend less than you earn.
Investing: Investing also involves
setting money aside, but instead of holding it in a bank
account, it is actively invested in capital markets—such
as stocks, funds, or ETFs.
Interest: When the European Central
Bank raises key interest rates, savers can benefit from
more attractive returns on their savings deposits.
In 2025, the savings rate of private households in Germany was
11.5%. This means that for every €100 earned, an average
of €11.50 was saved.
Why Saving Is Beneficial
Saving plays a vital role in everyday life when it comes to
achieving financial goals. These goals can vary—from short-term
purchases to long-term financial security. By regularly setting
money aside, you build a foundation for future investments and
unexpected expenses. Keeping a clear overview of your spending
is essential for saving effectively. Conscious saving enables
both necessary investments and the financial stability to handle
unforeseen events.
Start Saving Early to Bridge the Pension Gap
The importance of starting to save early to offset the pension
gap is well recognized. This gap exists because statutory
pensions often fall short of maintaining your standard of living
in retirement. The key questions are how much needs to be saved
monthly for private retirement and what total amount should
ideally already be accumulated.
An analysis of projected pension gaps across different age
groups shows how much individuals between 40 and 60 years old
should have already saved to maintain their lifestyle in
retirement. These calculations are based on the average income
in each age group and a retirement duration of just over 16
years.
According to Stepstone, 40-year-olds earn an average gross
salary of €53,000 per year. In 2024, this translates to a
net monthly income of €2,824. For a single
person without children who has paid into the pension system
continuously since the age of 25, this results in an
expected net pension of €1,534 per month.
To maintain their standard of living in retirement, this
person would already face a shortfall of
€1,290 per month in the first year of
retirement. Over the entire retirement period—and accounting
for pension increases minus inflation—the average monthly
gap increases to around €1,345.
Anyone retiring at 67 and receiving a pension for just over
16 years would face a total shortfall of approximately
€264,000. To cover this gap, long-term and
consistent saving is essential by the age of 40.
By saving just 10% of their net monthly income from now on,
an individual could accumulate about
€93,000 by retirement. However, to fully
close the pension gap and maintain their lifestyle in old
age, €171,000 should already be saved by
age 40.
Anyone hoping to enjoy a relaxed retirement toward the end
of their career should have already secured their savings.
For 50-year-olds, the average gap between their final salary
and expected pension is €1,313 per month,
adding up to a pension gap of €258,000. If
they save 10% of their net salary from that point onward,
they could still accumulate €60,000—meaning
they should already have €198,000 saved by
the age of 50.
At age 60, saving 10% of net income until retirement at 67
would only result in total savings of around
€24,000. Given a pension gap of
approximately €254,000, 60-year-olds should
therefore already have around
€221,000 saved to ensure a financially
secure retirement.
The calculations are based on average values for the year
2024. Actual salaries and pension
entitlements may vary depending on factors such as gender,
place of residence, or tax class. The data is based on
average gross incomes for each age group and life expectancy
figures for 60-year-olds in Germany, as published by the
Federal Statistical Office.
For the net income and net pension calculations, a single
individual with Tax Class 1 living in the
former West German states was assumed. The potential savings
figures are based on a savings rate of
10% of net income. The stated pension gap
was calculated using the
Allianz Pension Cockpit, assuming a career
start at age 25, retirement at age 67, and a pension
duration of 16.35 years. In this model,
average pension increases of 1.5% remain
below the European Central Bank’s long-term inflation target
of 2%. The data was collected on
June 25, 2024.
How Much Should Women Have Saved Already?
In Germany, women face a gender pay gap of
18% as of 2025. Additionally, women have a
statistically higher life expectancy than men. This means women
typically have to stretch a smaller retirement income over a
longer period.
It is therefore especially important for women to engage early
with the topic of wealth building and saving. But how much
should women ideally save or invest each month? And what amount
should already be saved today to fully close the pension gap?
We analyzed the potential pension gap across different age
groups. Our assumptions are based on a retirement age of
67 and a life expectancy of
83 years for women and
79 years for men.
Note:
The calculations are based on average values for the year
2024. Actual salaries and pension entitlements may vary
depending on factors such as gender, place of residence, or
tax class. The potential savings are based on a savings rate
of 10% of the average net income.
While saving is low-risk and deposits are protected under the
EU-wide deposit guarantee scheme, investing involves higher
risks—but also offers more attractive long-term returns.
Therefore, investing should not be seen as an alternative to
saving, but as a complement. A balanced approach that combines
both can help effectively pursue financial goals.
A diversified portfolio can help strike a balance between
security and growth. In addition to setting aside an emergency
fund in a savings account, part of the monthly net income could
be invested through a savings plan into low-cost, broadly
diversified Exchange Traded Funds (ETFs). Depending on market
performance, this approach may generate more wealth than needed
to close the pension gap.
Example:
If 10% of an average monthly net income is consistently invested
in a savings plan focused on low-cost and diversified ETFs, it
could accumulate significantly more than required to cover the
pension gap. A 40-year-old who invests 10% of their net salary
monthly in such a plan could reach around
€220,000 by retirement at 67, assuming an
average return of 6%. To fully close the pension gap of
€264,000, an additional
€44,000 would already need to be saved. Someone
starting at age 30 with the same savings rate could build up to
€420,000 by retirement. Even after capital
gains taxes, the pension gap would be fully covered, paving the
way for a financially worry-free retirement.
Individuals looking to grow their wealth over the long term can
consider various financial instruments such as savings accounts,
fixed-term deposits, or ETFs. Factors like interest rate trends,
inflation, and the desired balance between risk and return all
play a role in achieving personal savings goals.
Interest Rate Shift
In the summer of 2022, the European Central Bank raised key
interest rates for the first time in eleven years and set the
negative deposit rate to zero—marking the beginning of the
so-called interest rate shift. Further increases followed.
Despite some rate cuts in 2024, savers can still benefit from
attractive interest rates.
At Allianz, you can access competitive savings and fixed-term
deposit offers from across Europe. Interest rates abroad in the
EU are often higher than those offered by domestic German banks.
Additionally, the EU-wide deposit guarantee scheme protects
deposits of up to €100,000 per person, per
bank.
Everyday saving habits can support the achievement of long-term
financial goals and enable future investments. To reach these
goals, saved money can be invested in a way that maximizes
returns. There are various options available to pursue financial
objectives and build a solid foundation for your financial
future. These include savings products like daily and fixed-term
deposit accounts, as well as capital market investments such as
ETFs.
With fixed-term deposits, savers lend their money to a bank
for a pre-agreed period. Typically, the longer the term, the
higher the interest earned. However, during this period, the
funds cannot be withdrawn, which makes fixed-term accounts
less flexible. In return, savers benefit from interest rates
that are often higher than those offered by regular savings
accounts. Additionally, these rates are fixed and not
subject to fluctuation, making fixed deposits a predictable
investment. Fixed-term deposits are also protected under the
EU-wide deposit guarantee scheme.
Investing in ETFs often allows investors to achieve more
attractive returns than with traditional bank savings
products. However, this comes with higher risk. At Allianz,
our wealth management service selects one of four
diversified strategies for you—each with an equity
allocation of 30%, 50%, 70%, or 100%.
Risk notice:
Every investment in the capital market involves both
opportunities and risks. The value of investments may rise or
fall. In the worst-case scenario, a total loss of the invested
amount may occur. You can find detailed information under
Risk Notices.
Note: The content on this page is for general informational
purposes only and does not constitute tax advice. For detailed
information or clarification of individual tax-related
questions, we recommend consulting a tax advisor or another
person authorized under § 2 StBerG.
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Interest
Investment
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