EE Impact

Aareal Bank

Germany · Finance & Payments

LeaveRussia detail: Exit Completed

Exited Russia

Aareal Bank AG is an international company listed on the MDAX index with headquarters in Wiesbaden, Germany, which traded as DePfa Deutsche Bau- und Boden Bank AG and formed part of the DePfa Gruppe until 2002. Aareal Bank is represented on three continents and oversees property financing in more than 20 countries.

Status last verified 03/08/2026Source checked 04/01/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 10/08/2023 · Reference ↗

Aareal Bank has now recognised loss allowance of around €60 million, or approximately 30 per cent of the remaining Russian exposure. Strong earnings growth offsets non-recurring burdens and higher loss allowance – Full exit from the Russian exposure. 17.11.2023: The legal entity was liquidated.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
1117

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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