DGAP-Adhoc: Baader Wertpapierhandelsbank AG: Baader Wertpapierhandelsbank AG obtains full banking licence

| Source: EQS Group AG EQS Group AG 

Baader Wertpapierhandelsbank AG / Miscellaneous

31.07.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Unterschleissheim (Germany), 31 July 2008


The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin – German Federal
Financial Supervisory Authority) has granted Baader Wertpapierhandelsbank
AG of Unterschleissheim an extension to its permit to conduct banking
business pursuant to Article 1 (1a) clause 2 numbers 1a, 1c and 3 as well
as clause 3 of the Kreditwesengesetz (KWG – German Banking Act) (investment
advice, placement business, financial portfolio management as well as own
account deals) as well as to conduct banking business pursuant to Article 1
(1) clause 2, numbers 1, 2, 5, 8 and 9 of the KWG (deposit business,
lending business, safe custody business, guarantee business and giro
business).
With effect of this notification, Baader Wertpapierhandelsbank AG has
become a member of the Entschädigungseinrichtung deutscher Banken (EdB –
Compensation Fund of German Banks) pursuant to article 32 (3a) of the KWG.

All the requirements for renaming Baader Wertpapierhandelsbank AG to Baader
Bank AG, as resolved at the Annual General Meeting of 26 June 2008, are
hereby met. An application has already been filed for a corresponding entry
in the commercial register.

As announced on 13 May 2008, a further strategic step is envisaged, namely
merging Baader Service Bank GmbH, a wholly owned subsidiary of Baader
Wertpapierhandelsbank AG with an existing full banking licence, with the
parent company.



Board of Directors



Publisher:
Baader Wertpapierhandelsbank AG
Contact: Thomas Spengler
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Tel. +49 (0) 89 5150-1030
Fax +49 (0) 89/ 5150-2424
Thomas.Spengler@Baaderbank.de
www.Baaderbank.de





DGAP 31.07.2008 
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Language:     English
Issuer:       Baader Wertpapierhandelsbank AG
              Weihenstephaner Str. 4
              85716 Unterschleissheim
              Deutschland
Phone:        +49 (0)89/ 5150-0
Fax:          +49 (0)89/ 5150-1111
E-mail:       Info@Baaderbank.de
Internet:     www.Baaderbank.de
ISIN:         DE0005088108
WKN:          508810
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              München, Stuttgart; Freiverkehr in Hannover, Hamburg,
              Düsseldorf
End of News                                     DGAP News-Service
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