DHL 1999 Annual Report Download - page 10

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Foreword
7
FINANCIAL SERVICES Integration of Postbank,
Deutsche Post and DSL Bank generates largest
customer base in Germany
Deutsche Post World Net acquired Postbank in 1999
and DSL Bank on January 1,2000.Our new FINANCIAL
SERVICES corporate division with its balance sheet
total of some EUR 61 billion (excluding DSL Bank) and
EUR 2.9 billion in income will pursue a clearly-defined
strategy that is based on the following two goals:
1. Become one of the leading retail banks in Germany.
Postbank has enormous strengths to build on here,such
as 14,000 retail outlets, 10 million customers, a leading
position in Germanys online banking field with
650,000 customers, and No.1 standing in telephone
banking with 1.5 million customers.By teaming up with
Deutsche Post World Net’s retail outlet network, it has
gained access to more than two million customers every
day.
2. Expand its payment services and commission busi-
ness, develop its brokerage and financing services
in the logistics and e-Business segments. Postbank has
access to Deutsche Post’s customer base in MAIL,
EXPRESS and LOGISTICS business to accomplish
this. Current examples of this include the payment
services for Deutsche Post’s e-Business (eVITA) activ-
ities and the financing of logistics projects conducted by
Deutsche Post World Net and Danzas customers.
We want to interlink our logistics networks for goods
flows and the information and money flows connected
with them and meet the competition with correspond-
ing services for our customers.