BankM AG
BankM AG: BankM AG has started with its own banking license following the successful business year of 2019
BankM: BankM AG has started with its own banking license following the successful business year of 2019
– Important milestone underlining entrepreneurial approach and long-term orientation – Cooperation with our customers, business partners and flatex Bank AG will remain most widely unchanged – Well positioned with a broad service portfolio – Total placements of around EUR 275 million as lead bank in FY 2019 Frankfurt, 15.01.2020 – Since the beginning of 2020, BankM is no longer representative office of flatex Bank AG, but operates with its own banking license as “BankM AG”. The permission to conduct banking business had already been granted by BaFin in mid-2019 and came into force on January 02, 2020. Since the long-standing, trustful cooperation with flatex Bank AG will continue in the new constellation, the proven cooperation with our customers, business partners and flatex Bank AG will remain most widely unchanged. Gaining momentum from the successful year 2019 with placements of a total volume of around EUR 275 million as lead bank – including the IPO of Frequentis AG, one of the very few successful IPOs in Germany – BankM is thus well positioned for the future development. “Since BankM was founded, we based our banking philosophy on the principle of long-term corporate relationships and the development of personal trust. This successfully sets us apart from the predominant Anglo-American investment banking approach. The banking license now marks a new and exciting chapter in our company history, which underlines our long-term ambitions – we want to support our clients comprehensively and sustainably as a reliable partner and, together with them, successfully master the challenges of the markets. The new legal set-up ensures the necessary flexibility and speed of action in the long term and illustrates the entrepreneurial thinking and action that connects us to our customers,” explains Thomas Stewens, who teams up with Ralf Hellfritsch and Peter Sang to form the Management Board of BankM AG. Important milestone to continue successful development in the long-term The successful licensing process is an important milestone in BankM’s history. Launched in 2007 with seven founding partners in a small 15-square-metre office, BankM today is firmly established on the capital market as a corporate finance specialist with an unusually broad range of banking services. Wherever strategic decisions are made in the international capital market, BankM’s interdisciplinary team supports German SMEs with individual services, innovative solutions and consistent contacts. With a total of 19 professionals, BankM currently serves well over 100 corporate clients. Right from the start, the aim was to support companies in strategic financing solutions, often too complex and therefore inefficient or too expensive for customers to build up their own expertise. While most banks sell standardized financing products, BankM focuses on a flexible, product-independent offering. This approach minimizes the time and money spent by clients, ensures a marketable capital mix and thus optimizes financial success. BankM thereby covers the entire spectrum of debt and equity procurement for medium-sized companies. In addition to capital measures such as the IPO of Frequentis AG or most recently the several times oversubscribed bond issue of JDC Group as well as the arrangement of venture capital and classic bank loans, BankM is one of the leading designated sponsors for small and mid-cap stocks and has established itself as a sought-after provider of technical settlements such as securitization or paying agent functions. “Even in difficult environments we have time and again provided companies with efficient access to banking services and funding. No wonder that we are often asked when things get particularly complex. There will be no shortage of challenges in 2020, but as an independent bank with a broad range of services, we are well positioned for the future,” says the BankM Board of Directors, looking forward to exciting projects and fruitful cooperations with old and new customers and business partners.
About BankM AG: Since 2007, BankM AG (Frankfurt am Main, Germany) is the partner of small and medium-sized enterprises and specializing in capital market financing with its experienced, interdisciplinary team. SME customers benefit from individual service and rapid access to selected investors that fit their needs. BankM’s services include capital market advisory, arranging IPOs and capital increases for equity financing, debt advisory and debt capital mediation, designated sponsoring and research as well as M&A, hereby specializing in the identification of suitable strategic partners in China.
Contact: Thomas Stewens
Legal notice: This announcement does not constitute a recommendation or an offer or a solicitation of an offer for the purchase, sale or subscription of any mentioned securities. It does not serve any investment advice but general information purposes only. End of Media Release Issuer: BankM AG Key word(s): Finance
15.01.2020 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |