History

Deutsche Verkehrs-Kredit-Bank AG (DVKB) is founded by Dresdner Bank, the Bayerische Vereinsbank, Bayerische Hypothekenbank, Commerz- und Privatbank, the private banking house Bleichröder and various industrial corporations. At first, only freight payments are handled on behalf of the Reichsbahn.

The Reichsbahn acquires the majority (51%) of the DVKB.

The entire financial transactions for the Reichsbahn railway system are concentrated at the DVKB. The Reichsbahn acquires 100% in the wake of a capital increase.

38 exchange offices (bureaux de change) are opened, 8 of them in Berlin.

The DVKB moves into its own premises: "Unter den Linden 10" in Berlin.

The bank's main offices in Frankfurt and Hamburg are brought together at the new headquarters in Frankfurt.

1952

In a federal law on the setting up of credit institutes, the "special tasks" of the DVKB, especially the handling of freight payments, are laid down. Besides the Frankfurt headquarter and the Berlin office, there are now 13 branches.

1973

The DVKB is 50 years old. It has a staff of around 800, 170 of them working in the Frankfurt headquarters.

1988

The bank goes public: The German Federal Railways keep a 75.1% stake in the share capital, the other 24.9% are widely held.

1991

Change of corporate name to Deutsche Verkehrs-Bank AG.

1995

The DG BANK (Deutsche Genossenschaftsbank) owns a majority of Deutsche Verkehrs-Bank AG with 50.1% of the share capital.

1996

The Bureaux de Change Division is transferred retroactively to January 1, 1996 to the newly founded subsidiary ReiseBank AG.

1997

Change of corporate name to Deutsche VerkehrsBank.

1998

The "International Aircraft and Ship Financing" division at the Long Term Credit Bank of Japan Ltd. is taken over by the Deutsche VerkehrsBank making it one of the leading aircraft financiers in Europe.

1999

Establishment of the international rail finance division.

1999

Rabobank Netherland and Deutsche VerkehrsBank reach an agreement about the transfer of ownership of Nedship Bank to Deutsche VerkehrsBank.

2000

Completion of the take over of Nedship Bank N.V.

2002

Following a decision of the Annual General Meeting the corporate name of the bank is changed from Deutsche VerkehrsBank AG to DVB Bank AG.

2002

Consolidation of DVB's Road & Logistics business and Rail activities and transfer to DVB's new Land Transport Division. Transport Finance now consists of four divisions: Shipping, Aviation, Land Transport and Transport Infrastructure.

2002

DZ BANK increases its stake in the share capital of DVB from 67.02% to 78.21% via the acquisition of the interest previously held by KRAVAG.

2003

DVB sells ReiseBank AG to DZ BANK AG with effect from 31 December 2003. DZ BANK increases its stake in the share capital of DVB to 92.27% via the acquisition of the interest previously held by Sparda banks.

2004

The name of Nedship Bank N.V. in Rotterdam has been changed to DVB Bank N.V.

2005

Announcement of the formation of a Securitization Unit, thus broadening the range of DVB's Corporate Finance services to clients.

2005

DVB's share capital has been increased via the issue of 850,000 new notional no-par value bearer shares ("unit shares").

2006

Formation of DVB Capital Markets LLC in New York, a U.S. registered broker-dealer. The unit will function as the U.S.-investment banking office of DVB, serving clients in the shipping, aviation, and land transport.

2008