Why Pax-Bank?

10 good reasons to cooperate with Pax-Bank

Pax-Bank was founded in 1917 Germany for institutions and employees of the Catholic Church. The history of the Pax-Bank reads like a success story – and indeed it is. Of course, there were difficult times, but the Pax-Bank has always seen these as a challenge to take new approaches. For example, there were obstacles which had to be overcome, such as the Great Depression, war or adjustment to German reunification.

On the other hand, special customers constantly require special products and customised solutions. The Pax-Bank has grown by meeting its challenges. It now employs a total of 180 staff in seven branches and its head office. From the start Pax-Bank has employed bold and committed people. They have shaped its history and taken the right decisions at the right time. Things that have not changed in all the years of growth are the clear profile, the clear objectives and the Catholic customer structure. This will continue to stay unchanged going forward. 

1. Experienced and reliable

Pax-Bank offers the experience and the know-how of a specialized private bank which has worked reliably for the Catholic Church for more than 100 years.

2. Successful

Since decades Pax-Bank successfully asserts itself in the competition with other banks. This is thanks to the use of modern technology, our motivated employees, and the offer of sophisticated and repeatedly awarded products. Furthermore, would it not have been possible without knowing and sharing the objectives and expectations of our ecclesiastical customers. By combining those factors Pax-Bank has created stable and trustful business relations based on long-term orientated thinking.

3. Christian values

The Church needs excellent performance for its investments that cannot be contrary to its Christian values. Since 1917, Pax-Bank has effectively managed the balance between high performance and Christian values through its own philosophy: exclusively focusing on Catholic institutions as its customers, Pax-Bank creates its business objectives and products following Christian ideals. The entrusted capitals are invested with maximum responsibility and transparency while keeping Christian values the Catholic Church in mind. Investments which contravene Christian principles as well as our ethical-sustainable criteria are excluded.

4. Extensive and personal

Pax-Bank offers a wide range of financial services. Thus, customers from the Church find everything they require for their financial matters at Pax-Bank. Individual and competent consultations are always guaranteed, for smaller as well as larger assets.

5. Moderate and transparent

Pax-Bank applies a moderate and transparent system of commissions.

6. Safe and discreet

Pax-Bank offers the safety of a bank which is supervised by European governmental authorities. On the basis of the German banking secrecy, Pax-Bank guarantees absolute discretion in its interaction with clients.

7. Embedded but independent

Pax-Bank is a part of the Catholic network. Founded by Catholic Priests Pax-Bank nowadays is in the property of numerous ecclesiastical institutions, such as dioceses, parishes and religious orders. Thus, its clients profit from a well-informed but independently operating bank.

8. German Catholic relief organizations

Especially for your income from German Catholic relief work it is easier to cooperate with Pax-Bank since we are located in Germany, for example in Cologne and Aachen. And there are several German relief organizations such as Missio, Misereor, Adveniat, Kindermissionswerk "Die Sternsinger", Aid to the Church in Need, the department "Universal Church" of the Archdiocese of Cologne, Renovabis etc.

9. Money is mobile

Europe-wide: You can apply SEPA standards for transfers within the European Single Market. The regulations of the Single Euro Payments Area (SEPA: "Single Euro Payments Area") let you benefit by making money transfers easier and quicker.
World-wide: Pax-Bank is a member of the so-called GENO Group (Cooperative Bank Group), therefore you can place world-wide transfer orders with Pax-Bank. (BIC / Swift code: GENODED1PAX). Pax-Bank offers English online banking as well as the EBICS standard.

10. All roads lead to Rome

Thanks to our office in Rome, the heart of the Catholic Church, it is possible to meet our bank specialists personally, even if you are not located in Germany.