Founded in 1969 in Hamburg, Hanseatic Bank began as a financial institution to handle partial payments for customers of the Otto mail-order company. Today, it operates as a private bank with Société Générale (75%) and the Otto Group (25%) as its shareholders. The bank's mission is to provide simple, fair, and transparent financial solutions for private customers across Germany, with a core product portfolio that includes credit cards, consumer loans, savings accounts, and insurance products.

Founded in

Germany