Deutsche Bank has started a commercial offensive in the south of Gran Canaria for greater efficiency in residential rehabilitation and the tourism sector with Next Gen funds. Through Avanza Credit, the business area of the German bank that finances this type of operations, it has closed this action in which it will finance the energy rehabilitation project of the façade and roofs. One of the Premium offices highlighted by the financial institution is the one located in Playa del Inglés. In the south of Gran Canaria Deutsche Bank has once again been the best bank in service quality in the Canary Islands in 2023, according to the Iquos study on service quality in banking networks published by the consulting firm Stiga. This is the twelfth time that the entity has obtained this recognition since 2004. Specifically, it has obtained a rating of 8,48, above the sector average (7,74), and with a 9,38 in the 'Deal' category.
Deutsche Bank maintains the pace of new additions to its private banking business. In 2023, Paulino Montesdeoca was hired as director of private banking in Gran Canaria, reporting to Humberto García, head of private banking at Deutsche Bank in the Canary Islands. Deutsche Bank has a presence in the Canary Islands with four Premium Banking offices, two Company Centers and two Private Banking centers, where a total of 34 professionals worked.
Rehabilitation in real estate developments includes the installation of an Exterior Insulation System (SATE) on the facades of the buildings and other insulating materials on the roof. Likewise, the arcades will be insulated and the windows will be replaced with more insulating ones with high-efficiency regulating pumps and a cost-sharing system. The subsidies, as in this case, are usually received in full months after the start of the works, so it is essential to have prior financing to undertake the relevant energy remodeling. Entities such as Deutsche Bank have loan lines associated with energy rehabilitation that allow the money to be advanced and progress in the execution of the works.











