Bankhaus August Lenz & Co. AG is affiliated to the deposit protection fund of the Bundesverband deutscher Banken e.V. – an association representing private banks established in Germany.
The deposit protection fund secures all liabilities, which are to be proven liabilities in the balance sheet item “to customers”. This includes demand deposits, fixed-term deposits and saving deposits including the savings bonds which are expressed with the name.
The limit of the deposit protection is calculated according to the own capital funds of the respective bank. The protection limit for deposits per single customer at the Bankhaus August Lenz & Co. AG is about € 11.282.000 (last status in February 2014).
For further information see: https://www.bankenverband.de/einlagensicherung
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