Hanseatic Bank
in Germany 🇩🇪
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About Hanseatic Bank in Germany
Hanseatic Bank is a German universal bank based in Hamburg, specializing in consumer credit, digital banking, and credit card services. Founded in 1969 as a consumer credit institution for Otto Versand customers, it has evolved into a modern digital bank serving customers throughout Germany. The bank is a subsidiary of the French banking group Société Générale (75% ownership), with the Otto Group retaining a 25% stake.
With over 500 employees and total assets exceeding €10 billion, Hanseatic Bank focuses on direct-to-consumer banking through digital channels, credit card issuance, deposit products, real estate financing, and receivables management.