Berlin, 6 November 2018
Westend Bank AG, a leading asset financing specialist, is relocating from Berlin to Frankfurt am Main as of 1 July 2019. Moving to the financial centre Frankfurt will give the bank a good platform to carry out its expansion plans.
The bank will benefit not only from the proximity to important business partners and multipliers but also from being part of the financial community network. This includes improved logistics and shorter ways to clients in Germany and in major international cities. The important centres of the art world – Zurich, Paris, London and New York can easily be reached from Frankfurt.
Dr. Thomas Ignatzi, Member of the Board of Westend Bank explains:
As an international city and important financial centre, Frankfurt offers us outstanding opportunities to further develop our national and international business. This central location enables us to have a closer relationship with our clients and, at the same time, gives us the chance to address our target markets more quickly.
Westend Bank is one of Europe's leading asset financing companies. For almost 90 years, our bank has been providing tailor-made and flexible financing solutions. Today, our focus is on unlocking capital from high-value assets: contemporary art, classic cars and real estate. The bank offers asset-backed loans for wealthy private persons and companies. Recognised experts in the various fields of financing work hand-in-hand with external partners in order to provide our clients with solid financial assistance.