Deutsche Bank launches new personal banking program with offers on deposits, mortgages and loans

Deutsche Bank Spain has launched Premium DB, its personal banking program aimed at middle and high-income clients with a savings or investment capacity from 50,000 euros and up to 500,000 euros. As reported by the bank this Monday, the entity foresees 10% annual growth in this customer segment over the next five years.

Premium DB encompasses an offer of products and services that are grouped into three categories: banking and financing productsinvestment advice and premium services.

Specifically, it includes the Más DB Account for payrolls starting at 2,000 euros per month that rewards new clients with up to 500 euros gross (405 net) and offers a remuneration at 1.5% APR for balances between 10,000 and 150,000 euros.

It also gives preferential access to deposits. The Trust Deposit offers a return of up to 3% APR over one yearreaching remuneration above the interest rates established by the European Central Bank (ECB).

In mortgages and loans it offers the DB Improvement Loan with a TIN of 5.49% for the first six months and the Variable Mortgage with a rate of 1.99% TIN the first year and a minimum differential of 0.65% over the Euribor after the first year.

It also has the tpremium card with Mastercard whose contract gives access to VIP rooms and fast access at airports around the world, private experiences, exclusive events, access to the DB Discount Club or a premium insurance package aimed at travel and purchases, including protection against fraud. Premium DB clients will have personalized investment advice available through the Chief Investment Office (CIO).

Investment for assets greater than 50,000 euros

Premium clients will have investment access to ‘Core-Satellite’ portfolios, for assets greater than 50,000 euros, which are built from an investment core based on the vision of Deutsche Bank’s global CIO and which is complemented by satellite strategies, according to the personal needs of each client.

They will also access delegated portfolio management (DPM) for assets over 300,000 euros and exclusive bonuses for new money to DPM funds (0.75% APR and permanence of four years), transfers of deposits to DPM funds (0.60% and permanence of three years) or new pension plans (up to 6% and permanence of 8 years).

Premium DB also includes a premium services pack, including preferential attention by phone and in the office For this client segment, a personal manager in your office or through the digital office, access to exclusive events with the expert team of analysts and training on relevant and current topics, as well as periodic reports on your positions and other topics of interest.

Premium DB is part of the private banking strategy, which seeks to position Deutsche Bank in Spain as the reference bank for high net worth, business families and premium clients. Specifically, the personal banking area, which serves individual customers, has experienced an i50% increase in customersn the upper-middle income segment in the last three years.