Stability, diversity, and sustainability define the funding of our loan portfolio and the steady growth of our bank’s new business, encompassing both conventional and capital market-oriented funding sources.
The majority of our funding is sourced from retail deposits obtained in the German market. As a direct bank, Bank11 offers attractively designed deposit products and a fully digital application process for new customers, along with complimentary online banking services. Additionally, we take deposits from institutional clients, all of which benefit from both statutory and voluntary deposit protection. Thanks to our consistently expanding customer base, the deposit business serves as a dependable and enduring source of funding.
As part of our capital market-oriented funding, we regularly structure high-quality asset-backed securities (ABS) through the ‘RevoCar’ securitisation platform. Our securitization transactions not only generate a significant amount of liquidity through the placement of senior tranches but also enable the use of collateral in open market transactions. Our strategic focus is to establish a frequent issuer status, fostering stable and sustainable investor relations.
Furthermore, we maintain credit lines from commercial banks to enhance diversification and complement our funding activities.
Bank11 für Privatkunden und Handel GmbH acts as originator and servicer of all RevoCar ABS transactions. Below, you will find details about the ABS transactions, along with the monthly investor reports.